LiveOne receives Nasdaq bid price deficiency notice; 180 days to cure

LiveOne, Inc.

Nasdaq notified LiveOne on Nov 12, 2024 that common stock failed to maintain minimum $1 bid price for 30 consecutive business days.
Company has 180 calendar days from Nov 12 to regain compliance; must close at or above $1 for at least 10 consecutive business days.
If not cured, may be eligible for additional 180-day period if it meets other listing standards and intends to cure via reverse stock split.
Failure to regain compliance could result in delisting; company may appeal any delisting determination.
No immediate effect on listing; company will monitor bid price and evaluate options.

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