LiveOne, Inc. Files 8-K on Financials and Operations
Ticker: LVO · Form: 8-K · Filed: Aug 13, 2024 · CIK: 1491419
Sentiment: neutral
Topics: financial-reporting, operations, disclosure
TL;DR
LiveOne dropped an 8-K detailing financials and operations - check it out!
AI Summary
LiveOne, Inc. filed an 8-K on August 13, 2024, to report on its results of operations and financial condition, as well as to provide a Regulation FD disclosure. The filing also includes financial statements and exhibits. The company was formerly known as LiveXLive Media, Inc. and LOTON, CORP.
Why It Matters
This filing provides investors with crucial updates on LiveOne's financial health and operational performance, impacting their investment decisions.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful investor attention.
Key Players & Entities
- LiveOne, Inc. (company) — Registrant
- August 13, 2024 (date) — Date of earliest event reported
- LiveXLive Media, Inc. (company) — Former company name
- LOTON, CORP (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Beverly Hills, CA 90212 (location) — Principal business address
FAQ
What specific financial results or operational updates are being disclosed in this 8-K filing?
The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details of these results are not provided in the provided text.
What is the significance of the Regulation FD Disclosure mentioned in the filing?
A Regulation FD Disclosure ensures that material non-public information is broadly disseminated to the public, preventing selective disclosure to certain investors.
When was LiveOne, Inc. previously known as LiveXLive Media, Inc. and LOTON, CORP?
The filing states the date of name change from LiveXLive Media, Inc. was August 8, 2017, and from LOTON, CORP was May 7, 2010.
What is the principal business address of LiveOne, Inc. as reported in this filing?
The principal business address is 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212.
What is the SIC code for LiveOne, Inc. according to this filing?
The Standard Industrial Classification (SIC) code for LiveOne, Inc. is 5812, which corresponds to RETAIL-EATING PLACES.
Filing Stats: 644 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-08-13 08:54:40
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value per share LVO The NASDAQ
Filing Documents
- ea0211227-8k_liveone.htm (8-K) — 27KB
- ea021122701ex99-1_liveone.htm (EX-99.1) — 122KB
- ea021122701ex99-2_liveone.htm (EX-99.2) — 17KB
- 0001213900-24-067934.txt ( ) — 355KB
- lvo-20240813.xsd (EX-101.SCH) — 3KB
- lvo-20240813_lab.xml (EX-101.LAB) — 33KB
- lvo-20240813_pre.xml (EX-101.PRE) — 22KB
- ea0211227-8k_liveone_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On August 13, 2024, LiveOne, Inc. (the "Company") issued a press release announcing its operating and financial highlights and results for the first quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. The information included herein and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 7, 2024, the Company issued a press release announcing that it plans to hold a conference call and audio webcast to provide a business update and discuss its operating and financial results for the first quarter ended June 30, 2024 on August 13, 2024. A copy of the press release is attached hereto as Exhibit 99.2. The information included herein and in Exhibit 99.2 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 99.1* Press release, dated August 13, 2024. 99.2* Press release, dated August 7, 2024. 104* Cover Page Interactive Data File (embedded within the Inline XBRL document) * Furnished herewith. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIVEONE, INC. Date: August 13, 2024 By: /s/ Aaron Sullivan Name: Aaron Sullivan Title: Chief Financial Officer 2