Published: June 8, 2026 at 9:02 am
Audioboom says it has rejected three offers for the company from separate parties and terminated all takeover talks.
The global podcast company also said this morning that it expects to report record half-year results.
It said three parties who had been conducting due diligence had submitted non-binding indicative proposals to make a cash offer for the company.
However, after reporting record trading results for the quarter ended 31st March 2026 in April, it said the level of indicative offers received from these parties “undervalue the company and its prospects”.