{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-025259","form_type":"8-K","ticker":"LVO","cik":"0001491419","company_name":"LiveOne, Inc.","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.212172+00:00","generated_at":"2026-05-15T17:37:56.099041+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"LiveOne to issue 500k shares to Merlin to settle music royalty obligations","bullets":["LiveOne will issue 500,000 shares of common stock at $7.50/share to Merlin to pay past and future music royalty dues.","The DMSA term extended to November 30, 2026, with potential extension to November 30, 2027.","Merlin's sale proceeds from shares offset against royalty payments; unsold shares may be bought back by Slacker on termination.","Merlin restricted from selling more than 5% of average daily trading volume per day.","No cash proceeds to LiveOne; shares issued under existing shelf registration statement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-025259","json":"https://secwatch.observer/filing/0001213900-26-025259.json","markdown":"https://secwatch.observer/filing/0001213900-26-025259.md","text":"https://secwatch.observer/filing/0001213900-26-025259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1491419/000121390026025259/0001213900-26-025259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1491419/000121390026025259/ea0280505-8k_liveone.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T17:37:56.099041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bccb7ef16cbf480966b27e20cdf5a2ebdd6ee508","claim":"LiveOne, Inc. entered into Shares Issuance Agreement with Music and Entertainment Rights Licensing Independent Network Limited (\"Merlin\") valued at 500,000 shares of its common stock, $0.001 par value per share, at a deemed issued price of $7.50 pe (effective 2026-03-03).","evidence_excerpt":"On March 3, 2026, LiveOne, Inc. (the “Company”), Slacker, Inc. (“Slacker”), the Company’s wholly owned subsidiary, and Music and Entertainment Rights Licensing Independent Network Limited (“Merlin”) entered into a Shares Issuance Agreement (the “Agreement”) pursuant to which the Company agreed to issue to Merlin 500,000 shares (the “Shares”) of its common stock, $0.001 par value per share (the “common stock”), at a deemed issued price of $7.50 per share.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1491419/000121390026025259/0001213900-26-025259-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Music and Entertainment Rights Licensing Independent Network Limited (\"Merlin\")"},{"label":"Value","value":"500,000 shares of its common stock, $0.001 par value per share, at a deemed issued price of $7.50 pe"},{"label":"Effective","value":"2026-03-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}