LiveOne issues 1M shares to BMI to settle music royalty obligations through March 2027

LiveOne, Inc.

Issues 1,000,000 shares of common stock at a deemed price of $7.50 per share to Broadcast Music, LLC.
Shares satisfy all payment and royalty obligations due through March 31, 2027 under existing License Agreements.
License Agreements amended to extend term through December 31, 2027, with auto-renewal thereafter.
BMI restricted to selling no more than 5% of ADTV per day, with a floor of 3,500 shares.
No cash proceeds to LiveOne; shares registered under effective shelf registration statement (S-3).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LiveOne, Inc. entered into Shares Issuance Agreement with Broadcast Music, LLC valued at 1,000,000 shares (effective 2026-04-17).

Action: entry
Agreement: equity purchase
Counterparty: Broadcast Music, LLC
Value: 1,000,000 shares
Effective: 2026-04-17

Exact text from the filing

On April 17, 2026, LiveOne, Inc. (the “Company”), Slacker, Inc., the Company’s wholly owned subsidiary (“Slacker”), and Broadcast Music, LLC (“BMI”) entered into a Shares Issuance Agreement (the “Shares Issuance Agreement”) pursuant to which the Company agreed to issue to BMI or its designee 1,000,000 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.

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LiveOne, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-047074

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