Item 3.02 Unregistered Sales of Equity Securities.

On March 14, 2022, Liberated Syndication, Inc., a Nevada corporation (the "Company"), entered into and consummated a Stock Purchase Agreement (the "SPA") between the Company and certain Purchasers named therein pursuant to which the Company sold to the Purchasers, in a private placement, 1,265,338 shares of common stock, for a purchase price per share of $3.75, resulting in an aggregate purchase price of $4,745,000. The Company has agreed to provide customary indemnification to the Purchasers and their affiliates. The common stock was offered and sold under the SPA in reliance upon exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 506 of Regulation D promulgated thereunder.

The summary of the SPA in this Current Report on Form 8-K is qualified by reference to the full text of the SPA, which is included as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

The SPA has been attached as an exhibit to this report to provide investors and security holders with information regarding its terms. It is not intended to provide any other information about the Company or its subsidiaries and affiliates. The representations, warranties and covenants contained in the SPA were made only for purposes of the SPA and as of a specific date, are solely for the benefit of the parties to the SPA, may be subject to limitations agreed upon by the respective parties, and may be subject to standards of materiality applicable to the parties that differ from those applicable to investors. Investors should not rely on the representations, warranties or covenants or any description thereof as characterizations of the actual state of facts or condition of the Company or any of its subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations, warranties and covenants may change after the date of the SPA, which subsequent information may or may not be fully reflected in public disclosures by the Company or its subsidiaries or affiliates.

Item 7.01 Regulation FD Disclosure.

Attached hereto as Exhibit 99.1 is a press release issued by the Company on March 15, 2022 announcing the consummation of the transactions contemplated by the SPA.

The information under Item 7.01 (including Exhibit 99.1) is furnished pursuant to Item 7.01 and shall not be deemed filed for purposes of Section 18 of the Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference into any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Forward-Looking Statements

This communication may contain certain "forward-looking statements" within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "expect," "anticipate," "believe," "intend," "estimate," "plan," "target," "goal," or similar expressions, or future or conditional verbs such as "will," "may," "might," "should," "would," "could," or similar variations. These statements are based on the beliefs and assumptions of the management of the Company based on information currently available to management. Such forward-looking statements include, but are not limited to, certain plans, expectations, goals, projections, and statements about the benefits of the transactions. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements including: risks related to the SPA; risk related to the integration of Podcast Ad Reps LLC and AdvertiseCast LLC; the financial performance of the Company; and other risks described in the section entitled "Risk Factors" under Item 1A in the Company's Annual Report on Form 10-K for the year ended December 31, 2019 and in subsequent periodic and current Securities and Exchange Commission filings the Company may make. The Company disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



Number        Description
10.1*           Stock Purchase Agreement, dated March 14, 2022, by and between
              Liberated Syndication, Inc. and the purchasers set forth therein.
99.1            Press Release, dated March 15, 2022.
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)





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* Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby undertakes to furnish supplementally a copy of any of the omitted schedules and exhibits to the Securities and Exchange Commission upon its request.

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