LiveOne (Nasdaq: LVO) Announces $11.3M Series A Preferred Stock Conversion to Common Stock at $2.10 per Share, Led by Harvest Small Cap Partners Master, Ltd. and Trinad Capital Master Fund

April 3, 2024

https://www.globenewswire.com/news-release/2024/04/03/2856939/0/en/LiveOne-Nasdaq-LVO-Announces-11-3M-Series-A-Preferred-Stock-Conversion-to-Common-Stock-at-2-10-per-Share-Led-by-Harvest-Small-Cap-Partners-Master-Ltd-and-Trinad-Capital-Master-Fund.html

– 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

Read more at globenewswire.com

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