---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-012464"
form_type: "8-K"
ticker: "LIVE"
cik: "0001045742"
company_name: "LIVE VENTURES Inc"
filed_at: "2022-07-05T23:59:59+00:00"
generated_at: "2026-06-24T21:11:06.233379+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Live Ventures acquires The Kinetic Co. for ~$26M; expects $20M annual revenue boost

## Summary
- Acquired Kinetic, 74-year-old industrial knife maker, for ~$26M; expects to add ~$20M annual revenue to steel segment.
- Purchase price: $18.9M for shares + $4.5M real estate; up to $2M contingent additional payments.
- Financed via bank debt, seller note, sale-leaseback of real estate, and cash from Live Ventures.
- Kinetic will continue as standalone business; employs ~100 non-union workers in Greendale, WI.
- Executed employment agreements with Cash Masters (President), Rocky Sperka, and Jay Judkins; includes non-competes.

## SEC filing metadata
- accession: 0000950170-22-012464
- form_type: 8-K
- ticker: LIVE
- cik: 0001045742
- company_name: LIVE VENTURES Inc
- filed_at: 2022-07-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045742/000095017022012464/0000950170-22-012464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045742/000095017022012464/live-20220628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-012464
- JSON: https://secwatch.observer/filing/0000950170-22-012464.json
- Plain text: https://secwatch.observer/filing/0000950170-22-012464.txt

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