Live Ventures Files Proxy Statement

Ticker: LIVE · Form: DEF 14A · Filed: May 23, 2024 · CIK: 1045742

Live Ventures INC DEF 14A Filing Summary
FieldDetail
CompanyLive Ventures INC (LIVE)
Form TypeDEF 14A
Filed DateMay 23, 2024
Risk Levellow
Pages16
Reading Time19 min
Key Dollar Amounts$0.001, $22,000
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, governance, executive-compensation

TL;DR

Live Ventures DEF 14A filed. Proxy details for FY23 out, includes comp & governance info.

AI Summary

Live Ventures Inc. filed a DEF 14A on May 23, 2024, detailing its proxy statement for the fiscal year ending September 30, 2023. The filing includes financial data for the fiscal years 2021, 2022, and 2023, with specific mentions of reductions for life insurance premiums paid for members and equity awards adjustments. The company's principal executive offices are located at 325 East Warm Springs Road, Suite 102, Las Vegas, NV 89119.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation, board nominations, and other important corporate governance matters, enabling informed voting decisions.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement (DEF 14A) and does not contain new material financial events or significant strategic shifts.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this DEF 14A filing?

The primary purpose of this DEF 14A filing is to provide shareholders with a proxy statement, which includes information about the company's annual meeting, director nominations, executive compensation, and other corporate governance matters.

What fiscal periods are covered by the financial data mentioned in the filing?

The filing references financial data for the fiscal periods 2020-10-01 to 2021-09-30, 2021-10-01 to 2022-09-30, and 2022-10-01 to 2023-09-30.

What specific financial adjustments are noted in the filing?

The filing notes adjustments related to 'ReductionForAmountsPaidForLifeInsurancePremiumsMember' and 'EqtyAwrdsAdjsMember' (Equity Awards Adjustments Member).

Where is Live Ventures Inc. headquartered?

Live Ventures Inc. is headquartered at 325 East Warm Springs Road, Suite 102, Las Vegas, NV 89119.

Has Live Ventures Inc. operated under other names previously?

Yes, Live Ventures Inc. has operated under the former names LIVEDEAL INC, YP CORP, and YP NET INC.

Filing Stats: 4,761 words · 19 min read · ~16 pages · Grade level 13.8 · Accepted 2024-05-23 12:48:38

Key Financial Figures

Filing Documents

From the Filing

live-20240523 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant x Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to 240.14a-12 Live Ventures Incorporated (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): x No fee required o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 LIVE VENTURES INCORPORATED 325 E. Warm Springs Road, Suite 102 Las Vegas, Nevada 89119 (702) 997-5968 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS _______________________ Las Vegas, Nevada May 23, 2024 Dear Stockholder, The 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Live Ventures Incorporated (the "Company"), a Nevada corporation, will be held on Thursday, June 27, 2024 , at 10:00 a.m., Pacific Daylight Time , at our principal executive offices located at 325 E. Warm Springs Road, Suite 102, Las Vegas, Nevada 89119 for the following purposes: 1. To elect five directors to our Board of Directors. 2. To ratify the appointment of Frazier & Deeter, LLC as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2024. 3. To transact such other business as may properly come before the meeting and any adjournments thereof. The Company's Board of Directors has fixed the close of business on May 10, 2024 as the record date for the Annual Meeting. Only the holders of record of the Company's common stock as of the close of business on the record date are entitled to receive notice of, and to vote at, the Annual Meeting and any adjournment thereof. We have also enclosed with this notice (i) our Annual Report on Form 10-K for the fiscal year ended September 30, 2023 and (ii) a Proxy Statement. Whether you own a few shares or many, and whether or not you plan to attend the Annual Meeting in person, it is important that your shares be represented and voted. You may vote your shares on the Internet, by telephone, by completing, signing, and promptly returning a proxy card, or by voting in person at the Annual Meeting. Voting online, by telephone, or by returning your proxy card does not deprive you of your right to attend the Annual Meeting. By Order of the Board of Directors, Jon Isaac President and Chief Executive Officer The Proxy Statement is dated May 23, 2024 and is first being made available to stockholders on or about May 23, 2024. All stockholders are cordially invited to attend the Annual Meeting. Even if you have given your proxy, you may still attend the Annual Meeting and elect to revoke your proxy. PLEASE NOTE, HOWEVER, THAT IF YOUR SHARES ARE HELD OF RECORD BY A BROKER, BANK, OR OTHER NOMINEE AND YOU WISH TO VOTE AT THE ANNUAL MEETING, YOU WILL NOT BE PERMITTED TO VOTE IN PERSON AT THE ANNUAL MEETING UNLESS YOU FIRST OBTAIN A PROXY ISSUED IN YOUR NAME FROM THE RECORD HOLDER. Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on June 27, 2024. This Notice of 2024 Annual Meeting of Stockholders and Proxy Statement and the 2023 Annual Report on Form 10-K are available on our website at https://ir.liveventures.com/all-sec-filings. Except as stated otherwise, information on our website is not considered part of this Proxy Statement. LIVE VENTURES INCORPORATED ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 27, 2024 PROXY STATEMENT _______________________ This Proxy Statement relates to the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Live Ventures Incorporated ("Live Ventures" or the "Company"). The Annual Meeting will be held on Thursday, June 27, 2024 at 10:00 a.m. Pacific Daylight Time, at our corporate offices located at 325 E. Warm Springs Road, Suite 102, Las Vegas, Nevada 89119, or at such other time and place to which the Annual Meeting may be adjourned or postponed. The enclosed proxy is solicited by Live Ventures' Board of Directors (the "Board"). The proxy materials relating to the Annual Meeting are first being mailed to stockholders entitled to vote at the Annual Meeting on or about May 30, 2024. QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING Q: What is the purpose of the Annual Meeting? A: At the Annual Meeting, holders of shares of the Company's common stock will act upon the matters outlined in the accompanying Notice of 2024 Annual Meeting of Stockholders and this Proxy Statement, including (i) the election of five dir

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