FreeCast (Direct Listing)

General Information
Business:

Note: This is NOT an IPO. This is a NASDAQ Direct Listing of up to 19.78 million shares of FreeCast’s stock offered by the registered shareholders. Maxim Group is the financial advisor. This NASDAQ Direct Listing takes the place of the company’s previous plan for an IPO, which dates back to February 2020.

We are an entertainment-based content discovery, aggregation and management company that provides SmartGuide® digital interactive technology for consumers to organize today’s numerous sources of online media similar to a traditional on-screen TV guide.

Memberships to our SmartGuide technology, which beginning in October 2019 became available for purchase online and via TV Infomercials as a retail packaged “cord cutting kit/product” known as SelectTV®, and prior from 2012 through 2016, as a third-party distributed brand known as Rabbit TV. Sales that occurred after 2016 were predominantly a result of legacy Rabbit TV sales,  which we maintained and operated for our existing membership base.

Note: Net loss and revenue figures are for the fiscal year that ended June 30, 2025. 

(Note: FreeCast shares started trading on NASDAQ in a Direct Listing on Tuesday morning, March 10, 2026, at 11:38 a.m. EDT, according to NASDAQTrader.com: Opening trade at $33.00 on 200 shares. FreeCast shares closed their first day of NASDAQ trading at $9.13 – down $23.87 from their opening price for a drop of 72.33 percent on Tuesday, March 10, 2026.)

(Note: FreeCast had filed to list up to 19.78 million shares on NASDAQ in a Direct Listing, according to its S-1/A filings.)

(Note: FreeCast said that it has rescheduled its NASDAQ Direct Listing to March 10, 2026, from its initial date of March 3, 2026, according to a press release posted online late Friday afternoon, Feb. 27, 2026. FreeCast plans to go public through a NASDAQ Direct Listing of up to 19.78 million of its shares, according to an S-1/A filing dated Dec. 31, 2025.A reference price has not been set. Maxim Group is acting as the financial adviser for the NASDAQ Direct Listing.) (Note: Corrects proposed symbol to CAST – The company will continue to trade under the symbol CAST. – NOT FCST)

(Note: FreeCast changed its sole book-runner to Maxim Group LLC in an S-1/A filing dated Nov. 1, 2021, from Alexander Capital, L.P., its sole book-runner when it filed to go public on Feb. 18, 2020.) 

Industry: COMPUTER PROCESSING & DATA PREPARATION
Employees: 108
Founded: 2011
Contact Information
Address 6901 TPC Drive, Suite 200, Orlando, Fl 32822, US
Phone Number (407) 374-1603
Web Address http://www.FreeCast.com/
View Prospectus: FreeCast (Direct Listing)
Financial Information
Market Cap $1.35mil
Revenues $0.63 mil (last 12 months)
Net Income $-14.07 mil (last 12 months)
IPO Profile
Symbol CAST
Exchange NASDAQ
Shares (millions): 19.8
Price range $33.00 - $33.00
Est. $ Volume $653.4 mil
Manager / Joint Managers Maxim Group (Financial Advisor)
CO-Managers
Expected To Trade: 3/10/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change