Freecast Inc（CAST）資訊與事件CASTFreecast Inc

FreeCast Outlines Global Media Economy Strategy

FreeCast outlined a global strategy centered on helping connectivity providers participate in the media economy after the consumer connects. The company said, "Telecommunications companies have invested trillions of dollars building fiber, wireless networks, towers, spectrum and other infrastructure. Satellite broadband, 5G, fixed wireless, Direct-to-Device, Direct-to-Mobile, next-generation broadcasting and expanding fiber networks are now creating additional ways to connect consumers around the world. FreeCast believes these technologies do not have to compete for the media layer. They can all monetize it. Consumers spend an average approximately 2.78 hours each day viewing video, according to industry estimates. FreeCast sees those hours as an addressable media ecosystem encompassing streaming television, sports, subscriptions, advertising, premium programming, payments and other transactions."

FreeCast Launches FreeCast Cities Streaming Platform

FreeCast announced FreeCast Cities, a new direct-to-consumer streaming platform designed to deliver localized streaming experiences tailored to each of the 210 U.S. Designated Market Areas. FreeCast Cities already in beta testing, combines local television, free streaming channels, premium television services, on-demand entertainment, and subscription management into a single consumer experience accessible across supported televisions, mobile devices, computers, and connected streaming platforms. Embodying the platform's consumer-focused design philosophy, FreeCast Cities is summarized in seven words: "One City. One Login. All Your Television."

FreeCast Completes Private Placement of 4.67 Million Shares

FreeCast announced that it has entered into securities purchase agreements with new institutional and existing long term investors for the purchase and sale of 4,666,667 shares of its Class A common stock and pre-funded warrants to purchase 3,243,807 shares of Common Stock in a private placement transaction. The pre-funded warrants have an exercise price of $0.0001 per share, will be exercisable immediately following receipt of shareholder approval and do not expire until the pre-funded warrant is exercised. The gross proceeds from the offering are expected to be approximately $23.7M, before deducting placement agent fees and other estimated offering expenses. The closing of the offering is expected to occur on or about July 2. A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.