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FreeCast Engages Maxim Group as Exclusive Financial Advisor for Nasdaq Direct Listing

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FreeCast, Inc. (CAST) has engaged Maxim Group as its exclusive financial advisor for a proposed Nasdaq Direct Listing, deviating from its initial plan of a traditional IPO. The company, a hyper-targeted commercial-to-consumer middleware platform for the global video streaming industry, aims to register its shares with the SEC and pursue a direct listing on Nasdaq without raising new capital.
FreeCast, Inc. (CAST) ha incaricato Maxim Group come suo consulente finanziario esclusivo per una proposta di quotazione diretta al Nasdaq, deviando dal suo piano iniziale di un'offerta pubblica iniziale tradizionale. L'azienda, una piattaforma middleware commerciale-al-consumatore altamente specializzata per l'industria globale dello streaming video, mira a registrare le sue azioni presso la SEC e a perseguire una quotazione diretta al Nasdaq senza reperire nuovo capitale.
FreeCast, Inc. (CAST) ha contratado a Maxim Group como su asesor financiero exclusivo para una propuesta de Cotización Directa en Nasdaq, desviándose de su plan inicial de una Oferta Pública Inicial tradicional. La empresa, una plataforma middleware comercial-a-consumidor altamente enfocada para la industria global de transmisión de video, tiene como objetivo registrar sus acciones con la SEC y buscar una cotización directa en Nasdaq sin captar nuevo capital.
FreeCast, Inc. (CAST)는 전통적인 IPO 계획에서 벗어나 나스닥(Nasdaq)에 직접 상장하기 위해 Maxim Group을 독점 금융 자문으로 선정했습니다. 글로벌 비디오 스트리밍 산업을 위한 고도로 타겟팅된 상업-소비자 미들웨어 플랫폼인 이 회사는 SEC에 주식을 등록하고 새로운 자본을 모집하지 않고 나스닥에 직접 상장을 추진할 계획입니다.
FreeCast, Inc. (CAST) a engagé le groupe Maxim en tant que conseiller financier exclusif pour une proposition de cotation directe sur le Nasdaq, s'écartant de son plan initial d'une introduction en bourse traditionnelle. L'entreprise, une plateforme middleware commerciale-à-consommateur hautement ciblée pour l'industrie mondiale du streaming vidéo, vise à enregistrer ses actions auprès de la SEC et à poursuivre une cotisation directe sur le Nasdaq sans lever de nouveaux capitaux.
FreeCast, Inc. (CAST) hat Maxim Group als exklusiven Finanzberater für ein geplantes direktes Listing an der Nasdaq angestellt, was eine Abweichung von ihrem ursprünglichen Plan eines traditionellen Börsengangs darstellt. Das Unternehmen, eine hochspezialisierte Handels-zu-Konsumenten-Middleware-Plattform für die globale Video-Streaming-Industrie, beabsichtigt, seine Aktien bei der SEC zu registrieren und eine direkte Notierung an der Nasdaq zu verfolgen, ohne neues Kapital zu erhöhen.
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Company pursues direct listing on Nasdaq, departing from its initial plan of a traditional IPO.

ORLANDO, Fla.--(BUSINESS WIRE)-- FreeCast, Inc. (the “Company,” symbol: CAST), today announced that it has engaged Maxim Group LLC to act as the Company’s exclusive financial advisor for its proposed Nasdaq Direct Listing. FreeCast is an advanced integrated hyper-targeted commercial-to-consumer middleware platform for the global video streaming industry. As recently disclosed in its amendment to its registration statement filed with the Securities and Exchange Commission, the Company intends to register its shares with the SEC and seek a direct listing on Nasdaq, departing from its initial plan of a traditional IPO. FreeCast does not intend to generate new capital through its proposed listing.

About Maxim Group LLC

Founded in 2002, Maxim Group is a leading full-service investment bank, securities and wealth management firm headquartered in mid-town Manhattan providing a comprehensive array of financial services including investment banking, global institutional sales, equity research, fixed income and derivative sales & trading, merchant capital, private wealth management, and prime brokerage services to a diverse range of corporate clients, institutional investors and high-net-worth individuals. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB). To learn more about Maxim Group, visit www.maximgrp.com.

About FreeCast, Inc.

FreeCast Inc.'s NextGen Streaming technology is reshaping the landscape of community entertainment. This innovative solution harnesses cutting-edge middleware, heralding a new era of entertainment possibilities across diverse streaming media industries and sectors. Through seamless integration with smart-home TV systems, FreeCast empowers partners like multi-dwelling units (MDUs), college campuses, hospitality facilities, and healthcare centers to offer an elevated entertainment experience. The benefits of this technology are vast. Property managers and facility operators can enjoy significant advantages, breaking free from cable contracts, establishing recurring revenue streams, and providing a valuable amenity at minimal additional cost. With FreeCast's NextGen Streaming middleware, resident and guest satisfaction is heightened, positively impacting overall property value. This transformative technology signifies a paradigm shift in community entertainment, promising increased convenience, cost-effectiveness, and satisfaction for all involved.

Forward-Looking Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those discussed due to known and unknown risks, uncertainties, and other factors, including the risks and uncertainties associated with the evaluation, pursuit and engagement in any particular transaction. These forward-looking statements generally can be identified by the use of words such as "expect," "plan," "anticipate," "could," "may," "intend," "will," "continue," "future," other words of similar meaning and the use of future dates. These and additional risks and uncertainties are described more fully in the company's filings with the Securities and Exchange Commission. We are providing this information as of the date of this press release and do not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise, except as required by law.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

pr@freecast.com

Source: FreeCast, Inc.

FAQ

What financial advisor has FreeCast engaged for its Nasdaq Direct Listing?

FreeCast has engaged Maxim Group as its exclusive financial advisor for the proposed Nasdaq Direct Listing.

What is the symbol of FreeCast, Inc.?

The symbol for FreeCast, Inc. is CAST.

What is FreeCast's plan regarding its listing on Nasdaq?

FreeCast intends to register its shares with the SEC and pursue a direct listing on Nasdaq, deviating from its initial plan of a traditional IPO.

Is FreeCast aiming to raise new capital through its proposed listing?

FreeCast does not intend to generate new capital through its proposed Nasdaq Direct Listing.

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