Audioboom Group PLC (AIM: BOOM) has provided an update on its strategic review, first announced on 3 October 2025, confirming that options under consideration include a potential sale of the company.
The podcasting platform has appointed J Goodwin & Co LLP and Rockefeller Capital Management LLC as financial advisers to evaluate commercial and strategic partnerships.
The review will explore a range of outcomes, including:
-
New investment to support acquisitions,
-
A significant acquisition or reverse takeover, or
-
A sale of its U.S. or U.K. operations.
Preliminary discussions have begun with interested parties, and the Board is inviting proposals over the coming weeks.
Audioboom added that the UK Takeover Panel Executive has granted a dispensation from Rule 2.4(b) of the Takeover Code, and that the company entered an “offer period” on 3 October 2025.
Enquiries:
Audioboom Group PLC
Tel: +44(0)300 303 3765
Stuart Last, Chief Executive Officer
Brad Clarke, Chief Financial Officer
