Video streaming platform FreeCast completes Nasdaq direct listing
IPO Overview
FreeCast, an integrated platform for video streaming services, completed its direct listing on the Nasdaq and began trading on Tuesday, March 10, 2026.
The Registered Shareholders had planned to sell up to 19.8 million shares.
In June 2025, FreeCast issued 550 thousand shares at $8 per share pursuant to certain subscription agreements. The company opened for trading on Tuesday at $33.
FreeCast is an entertainment-based content company that provides SmartGuide digital interactive technology for consumers to organize online media, similar to a traditional on-screen TV guide. The company licensed its technology to Telebrands, who distributed subscriptions under the brand Rabbit TV from 2012 until 2016, when FreeCast began offering its product directly to consumers under its own brand, SelectTV.
FreeCast plans to list on the Nasdaq under the symbol CAST. As a direct listing without a firm commitment offering, there were no underwriters on the deal; Maxim served as a financial advisor.
About the Company
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 television, or TV, guide. Initially, we licensed our technology to Telebrands Corp., or Telebrands, who distributed subscriptions to consumers through retailers under the brand known as Rabbit TV from 2012 through 2016. In July 2016, we began offering our product directly to consumers under our own brand, SelectTV. In October 2019, we began selling subscriptions to SelectTV as a direct-to-consumer retail product in the form of a packaged “cord cutting kit” through TV Infomercials, utilizing a toll-free phone number and ecommerce ordering system, with delivery of the product to consumers via the United States （U.S.） Postal Service.
