other_material
confidence high
sentiment neutral
materiality 0.60
LiveOne files 1-for-10 reverse stock split effective Sept 26 to comply with Nasdaq listing standards
LiveOne, Inc.
- 1-for-10 reverse split approved by shareholders (Sept 8) and board; effective at market open Sept 26.
- Authorized shares unchanged at market effective date; CUSIP changes to 53814X300; trading symbol remains LVO.
- Fractional shares paid in cash via VStock Transfer; no action needed for electronic holders.
- Equity awards, warrants, convertible securities adjusted proportionately; par value unchanged.
- Company expects to regain compliance with Nasdaq continued listing standards after the split.
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