LiveOne (Nasdaq: LVO) Announces $11.3M Series A Preferred Stock Conversion to Common Stock at $2.10 per Share, Led by Harvest Small Cap Partners Master, Ltd. and Trinad Capital Master Fund
Wed, Apr 3, 2024, 5:30 AM PDT4 min read LiveOne, Inc. – Conversion Eliminates $2.0M of Annual Cash Dividends – Eliminates $5M of Redeemable Mezzanine Equity – Broadens Institutional Ownership to ~35% – LiveOne Currently Eligible to Join Russell 2000 in May 2024 – LiveOne Acquired Additional 159,000 PODC Shares at a Price of $3…