---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-018505"
form_type: "8-K/A"
ticker: "LIVE"
cik: "0001045742"
company_name: "LIVE VENTURES Inc"
filed_at: "2022-09-14T23:59:59+00:00"
generated_at: "2026-06-23T09:36:53.184341+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Live Ventures closes $23.4M acquisition of Kinetic Co., industrial knife manufacturer

## Summary
- Purchase price ~$18.9M for shares plus $4.5M for real estate; up to $2M contingent earnout.
- Kinetic had revenue $20.7M and net income $1.34M for FY ended Nov 2021.
- Funded with $10.6M cash, $3.8M second payment, $3M subordinated note, and $1.45M escrow.
- Real estate sold to Moss for ~$8.9M, netting $4.4M toward purchase; 20-year leaseback at $50K/mo.
- Employment agreements retained CEO Jay Judkins, COO Rocky Sperka, and Head of Equipment Cash Masters.

## SEC filing metadata
- accession: 0000950170-22-018505
- form_type: 8-K/A
- ticker: LIVE
- cik: 0001045742
- company_name: LIVE VENTURES Inc
- filed_at: 2022-09-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045742/000095017022018505/0000950170-22-018505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045742/000095017022018505/live-20220628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-018505
- JSON: https://secwatch.observer/filing/0000950170-22-018505.json
- Plain text: https://secwatch.observer/filing/0000950170-22-018505.txt

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