secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001213900-25-009507
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne amends credit facility with East West Bank, reduces principal to $3.75M, extends maturity to Nov 2025
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- Principal outstanding reduced to $3,750,000 after $3,250,000 repayment.
- Maturity extended to November 20, 2025; repayments start February 20, 2025.
- Interest rate set at Money Rate plus 2.50% (initial 10.00%); no prepayment penalty.
- Repayment schedule: 9 monthly payments of $400,000 plus a final payment of $151,291.67.
- Covenants maintained including $5,000,000 minimum cash deposit with East West Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390025009507/0001213900-25-009507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390025009507/ea0229406-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-009507

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