LiveOne exchanges $6.75M Series A Preferred for 4.5M common shares and 4.5M $0.01 warrants

LiveOne, Inc.

Harvest Funds exchanged $4.5M Series A Preferred for 3M common shares at $1.50/share and 3M warrants at $0.01 exercise.
Trinad Capital (CEO-controlled) exchanged $2.25M Series A Preferred for 1.5M common shares and 1.5M warrants on same terms.
Company also consented to an underwritten public offering with Lucid Capital Markets expected to price week of July 14, 2025.
If FY2025 10-K is filed after grace period, Company pays Harvest $11,000 per trading day in cash.
Company to file resale registration statement for warrants within 45 days after July 15, 2025.

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