---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-064619"
form_type: "8-K"
ticker: "LVO"
cik: "0001491419"
company_name: "LiveOne, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:37:04.542899+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# LiveOne borrows $1.7M from Capchase at 9% interest, fully secured

## Summary
- Loan amount $1,700,000 at 9% interest, fully amortizing over 30 months.
- Proceeds used for general working capital and corporate purposes.
- Loan is secured by all of LiveOne's assets; subordinated to senior debt with East West Bank.
- Prepayment without penalty; customary covenants and events of default.
- Capchase Inc. is the lender; agreement dated August 2, 2023.

## SEC filing metadata
- accession: 0001213900-23-064619
- form_type: 8-K
- ticker: LVO
- cik: 0001491419
- company_name: LiveOne, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1491419/000121390023064619/0001213900-23-064619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1491419/000121390023064619/ea183093-8k_liveoneinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-064619
- JSON: https://secwatch.observer/filing/0001213900-23-064619.json
- Plain text: https://secwatch.observer/filing/0001213900-23-064619.txt

## Key facts
- Debt Financings
  LiveOne, Inc. incurred loan of $1.7 million with Capchase Inc. at 9% maturing 30-month period after August 3, 2023.
  - Instrument: loan
  - Principal: $1.7 million
  - Counterparty: Capchase Inc.
  - Rate: 9%
  - Maturity: 30-month period after August 3, 2023
  - Event: incurrence
  source text: On August 2, 2023, LiveOne, Inc. (the “Company”) entered into a Loan and Security Agreement (the “Loan Agreement”) with Capchase Inc. (the “Lender”), pursuant to which the Company borrowed $1.7 million collateralized by all of the assets of the Company (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1491419/000121390023064619/0001213900-23-064619-index.htm
- Material Agreements
  LiveOne, Inc. entered into Loan and Security Agreement with Capchase Inc. valued at $1.7 million; 9% interest rate; 30-month maturity (effective 2023-08-02).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Capchase Inc.
  - Value: $1.7 million; 9% interest rate; 30-month maturity
  - Effective: 2023-08-02
  source text: On August 2, 2023, LiveOne, Inc. (the "Company") entered into a Loan and Security Agreement (the "Loan Agreement") with Capchase Inc. (the "Lender"), pursuant to which the Company borrowed $1.7 million collateralized by all of the assets of the Company (the "Loan").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1491419/000121390023064619/0001213900-23-064619-index.htm

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