LiveOne Appoints New CEO, Expands Board
Ticker: LVO · Form: 8-K · Filed: Oct 10, 2024 · CIK: 1491419
Sentiment: neutral
Topics: management-change, board-of-directors, executive-appointment
TL;DR
LiveOne just swapped CEOs and added 3 board members. Big changes incoming.
AI Summary
LiveOne, Inc. announced on October 4, 2024, a series of executive and board changes. Robert Ellin has been appointed as the new Chief Executive Officer, succeeding Richard Bressler. Additionally, the company elected three new directors to its board: David R. Johnson, Michael J. Mulroy, and Jonathan S. Birenbaum, effective October 4, 2024.
Why It Matters
This filing indicates a significant leadership transition and potential strategic shift for LiveOne, Inc. as new executives and directors take the helm.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty and signal strategic shifts, impacting the company's future performance.
Key Players & Entities
- LiveOne, Inc. (company) — Registrant
- Robert Ellin (person) — Appointed CEO
- Richard Bressler (person) — Departing CEO
- David R. Johnson (person) — Elected Director
- Michael J. Mulroy (person) — Elected Director
- Jonathan S. Birenbaum (person) — Elected Director
- October 4, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new CEO of LiveOne, Inc.?
Robert Ellin has been appointed as the new Chief Executive Officer of LiveOne, Inc.
Who did Robert Ellin succeed as CEO?
Robert Ellin succeeded Richard Bressler as CEO.
How many new directors were elected to LiveOne's board?
Three new directors were elected to LiveOne's board.
What is the effective date of the new director appointments?
The new directors were elected effective October 4, 2024.
What were the previous names of LiveOne, Inc.?
LiveOne, Inc. was formerly known as LiveXLive Media, Inc. (name change August 8, 2017) and LOTON, CORP (name change May 7, 2010).
Filing Stats: 527 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-10-10 17:00:09
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value per share LVO The NASDAQ
Filing Documents
- ea0217070-8k_liveone.htm (8-K) — 25KB
- 0001213900-24-086917.txt ( ) — 194KB
- lvo-20241004.xsd (EX-101.SCH) — 3KB
- lvo-20241004_lab.xml (EX-101.LAB) — 33KB
- lvo-20241004_pre.xml (EX-101.PRE) — 22KB
- ea0217070-8k_liveone_htm.xml (XML) — 4KB
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. Dated: October 10, 2024 By: /s/ Aaron Sullivan Name: Aaron Sullivan Title: Chief Financial Officer 2