Audioboom ends takeover talks, saying approaches undervalue business

▤ Summary

Audioboom ended takeover talks after deciding that the indicative cash offers did not reflect its value or growth outlook. The company said three parties had completed due diligence and submitted non-binding proposals, but the board rejected them following stronger trading. Audioboom also said first-half 2026 revenue should reach at least US$45 million and adjusted EBITDA at least US$3 million. The company is no longer in any sale process and will continue focusing on scaling the platform and improving profitability.

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