secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0001213900-25-064338
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390025064338/0001213900-25-064338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390025064338/ea0249091-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-064338

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