SC 13G/A: LiveOne, Inc.
Ticker: LVO · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 1491419
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by LiveOne, Inc..
Risk Assessment
Risk Level: low
Filing Stats: 5,138 words · 21 min read · ~17 pages · Grade level 7.6 · Accepted 2024-02-13 12:23:59
Key Financial Figures
- $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o
Filing Documents
- eps11158.htm (SC 13G/A) — 152KB
- 0001171520-24-000120.txt ( ) — 154KB
(a). Name of Issuer
Item 1(a). Name of Issuer: LiveOne, Inc.
(b). Address of Issuer’s Principal Executive Officers
Item 1(b). Address of Issuer’s Principal Executive Officers: LiveOne, Inc., 269 South Beverly Drive, Suite #1450, Beverly Hills, CA 90212
(a). Name of Person(s) Filing
Item 2(a). Name of Person(s) Filing : Rho Ventures VI, L.P. (“RV VI”) Rho Ventures V, L.P. (“RV V”) Rho Ventures V Affiliates, L.L.C (“RV V Affiliates”) RMV VI, L.L.C. (“RMV VI”) RMV V, L.L.C. (“RMV V”) Rho Capital Partners LLC (“RCP”) Joshua Ruch (“Ruch”) Mark Leschly (“Leschly”) Habib Kairouz (“Kairouz”)
(b). Address of Principal Business Office
Item 2(b). Address of Principal Business Office: Rho Ventures, 152 W 57 th Street, 23 rd Floor, New York, New York 10019
(c). Citizenship
Item 2(c). Citizenship: RV VI RV V RV V Affiliates RMV V Delaware Delaware Delaware Delaware RMV VI Delaware RCP Delaware Ruch United States of America Leschly Kingdom of Denmark Kairouz United States of America
(d). Title of Class of Securities
Item 2(d). Title of Class of Securities: Common Stock, par value $0.001 per share.
(e). CUSIP Number
Item 2(e). CUSIP Number: 53814X102
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not applicable.
(a). Amount Beneficially Owned
Item 4(a). Amount Beneficially Owned:
(b). Percent of Class
Item 4(b). Percent of Class:
(c). Number of shares as to which such persons have
Item 4(c). Number of shares as to which such persons have: The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this Amendment No. 2 to the statement on Schedule 13G is provided as of December 31, 2023: Reporting Persons Shares Held Directly (1) Sole Voting Power (1) Shared Voting Power (1) Sole Dispositive Power (1) Shared Dispositive Power (1) Beneficial Ownership (1) Percentage of Class (1, 3) RV VI 829,356 0 1,756,599 0 1,756,599 1,756,599 1.9% RV V 852,407 0 1,756,599 0 1,756,599 1,756,599 1.9% RV V Affiliates 74,836 0 1,756,599 0 1,756,599 1,756,599 1.9% RMV VI (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% RMV V (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% RCP (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% Ruch (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% Leschly (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% Kairouz (2) 0 0 1,756,599 0 1,756,599 1,756,599 1.9% (1) Represents the number of shares of Common Stock held by the Reporting Persons. (2) RMV VI is the general partner of RV VI and RCP is the managing member of RMV VI. RMV V is the general partner of RV V and the managing member of RV V Affiliates, and RCP is the managing member of RMV V. As such, (i) RMV VI and RCP possess power to direct the voting and disposition of the shares owned by RV VI and may be deemed to have indirect beneficial ownership of the shares held by RV VI and (ii) RMV V and RCP possess power to direct the voting and disposition of the shares owned by RV V and RV V Affiliates and may be deemed to have indirect beneficial ownership of the shares held by RV V and RV V Affiliates. RMV VI, RMV V and RCP hold no shares of the Issuer directly. Ruch, Kairouz and Leschly are managing members of RCP and as such, Ruch, Kairouz and Leschly possess power to direct the voting and disposition of the shares owned by RV VI, RV V and RV V Affiliates and may
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following:
Ownership of More Than Five Percent on Behalf of Another Person
Item 6. Ownership of More Than Five Percent on Behalf of Another Person: Not applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group: Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group: Not applicable.
Certification
Item 10. Certification: Not applicable.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 13, 2024 RHO VENTURES VI, L.P. By: RMV VI, L.L.C. Its: General Partner /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer RHO VENTURES V, L.P. By: RMV V, L.L.C. Its: General Partner /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer RHO VENTURES V, Affiliates L.L.C.. By: RMV V, L.L.C. Its: Managing member /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer RMV VI, l.l.c. /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer RMV V, l.l.c. /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer RHO CAPITAL PARTNERS LLC /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authorized Signer for Joshua Ruch /s/ Peter Kalkanis ___________________ Peter Kalkanis, Authoriz