secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2026-07-28T20:45:14+00:00
Accession:  0001213900-26-082313
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne issues 70,000 shares to Music Story SAS to settle fees, prepay license fees; extends term to Feb 2028
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- Issued 70,000 shares at $7.50/share to Music Story SAS for outstanding fees ($186,266) and prepayment of future license fees; total value $525,000.
- License term extended from Feb 24, 2022 to Feb 24, 2028 under the Metadata license agreement.
- Music Story must generate at least $27,000 net sales proceeds per month from share sales; LiveOne must pay cash shortfall if not met.
- LiveOne has right of first refusal to repurchase unsold shares at VWAP; shares issued under effective S-3 shelf.
- No cash proceeds to LiveOne from the share issuance; shares used to settle outstanding and prepay license fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390026082313/0001213900-26-082313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390026082313/ea0299473-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-082313

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