---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-002733"
form_type: "8-K"
ticker: "LIVE"
cik: "0001045742"
company_name: "LIVE VENTURES Inc"
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T01:50:08.232441+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ApplianceSmart emerges from Chapter 11, extinguishes ~$11M in debt

## Summary
- Live Ventures' subsidiary ApplianceSmart emerged from bankruptcy on Feb 28, 2022, eliminating ~$11M in secured and other indebtedness.
- Bankruptcy Court approved Fourth Amended Plan; ApplianceSmart issued Live Ventures a secured note for $619,883.46 at 5% due Jan 2027.
- Pre-petition sales tax claims of $548,472 to MN and $10,657 to OH being paid over 60 months; all other claims paid in full or settled.
- The Chapter 11 case involved only ApplianceSmart; Live Ventures and all other subsidiaries were unaffected.
- General unsecured claims received pro rata distribution from a $50,000 fund; JanOne received $25,000 as junior secured creditor.

## SEC filing metadata
- accession: 0000950170-22-002733
- form_type: 8-K
- ticker: LIVE
- cik: 0001045742
- company_name: LIVE VENTURES Inc
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045742/000095017022002733/0000950170-22-002733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045742/000095017022002733/live-20220228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-002733
- JSON: https://secwatch.observer/filing/0000950170-22-002733.json
- Plain text: https://secwatch.observer/filing/0000950170-22-002733.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.