RE: Craig Eastman interview6 Dec 2025 10:10
1. Sale of the US Business While Keeping the UK Business Listed
If Audioboom sells its US operations (including IP), shareholders could receive part of the sale proceeds, likely through a special dividend, capital return, or buyback.
Once the US division is removed, the remaining UK business — including Adelicious — may be valued more favourably as a focused, standalone operation. This could lead to a higher share price, with estimates suggesting up to a 50% premium.
Management would then focus on growing the UK business, potentially through acquisitions, which could add long-term value.
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2. Sale of the US Business + Capital Returned While the UK Business Continues to Trade
If the US sale generates significant cash, a portion may be returned to shareholders immediately, giving them a one-off uplift.
The remaining UK-only Audioboom could then attract new investors interested in the UK podcast market, potentially increasing demand for the shares and supporting further growth in value.
Either way shareholders will be happy if we say AB get a 50% premium as boom suggested.