FreeCast today announced that it has engaged Maxim Group to act as the company’s exclusive financial advisor for its proposed Nasdaq direct listing under the ticker symbol CAST. A price range has not yet been released.
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 the proposed listing.
According to an amended S-1, FreeCast intends to offer up to 11,353,659 shares. Read more.
