LiveOne Reports $11.3M Series A Preferred Stock Conversion To Common Stock At $2.10/Share; Led By Harvest Small Cap Partners Master And Trinad Capital Master Fund

LiveOne, Inc. - Common Stock -2.35%

LiveOne, Inc. - Common Stock

LVO

1.66

-2.35%

- Conversion Eliminates $2.0M of Annual Cash Dividends

- Eliminates $5M of Redeemable Mezzanine Equity

- Broadens Institutional Ownership to ~35%

- LiveOne Currently Eligible to Join Russell 2000 in May 2024

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