FreeCast, Inc. expanded its Board of Directors from three to four members, appointing Eric Seidel as a new director and the second member of the Audit Committee. This move is intended to strengthen the Audit Committee to meet Nasdaq listing requirements regarding independent members. FreeCast, Inc. is a technology-focused company providing media and entertainment services.

FreeCast, Inc. closed a private placement on July 2, 2026, raising approximately $23.7 million in gross proceeds. The offering included 4,666,667 shares of Class A common stock and 3,243,807 pre-funded warrants at a purchase price of $3.00 per share. The company intends to use the net proceeds for working capital and general corporate purposes. FreeCast, Inc. operates in the media and entertainment technology industry.