LiveOne, Inc. Files 8-K Report
Ticker: LVO · Form: 8-K · Filed: Jan 10, 2025 · CIK: 1491419
Sentiment: neutral
Topics: sec-filing, 8-k
TL;DR
LiveOne filed a routine 8-K, no major news.
AI Summary
On January 10, 2025, LiveOne, Inc. filed an 8-K report detailing "Other Events." The filing does not contain specific financial figures or significant business updates, but rather standard reporting information for the company.
Why It Matters
This filing indicates that LiveOne, Inc. is fulfilling its reporting obligations with the SEC, which is standard practice for publicly traded companies.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report with no new material information, indicating no immediate change in risk.
Key Players & Entities
- LiveOne, Inc. (company) — Registrant
- January 10, 2025 (date) — Date of Report
- 001-38249 (other) — Commission File Number
- 98-0657263 (other) — I.R.S. Employer Identification No.
- 269 South Beverly Drive, Suite 1450 Beverly Hills, CA 90212 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for LiveOne, Inc.?
The primary purpose of this 8-K filing is to report "Other Events" as of January 10, 2025, fulfilling the company's reporting obligations.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is January 10, 2025.
What is LiveOne, Inc.'s principal executive office address?
LiveOne, Inc.'s principal executive office is located at 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212.
What is LiveOne, Inc.'s Commission File Number?
LiveOne, Inc.'s Commission File Number is 001-38249.
Does this 8-K filing contain specific financial details or material business updates?
Based on the provided text, this 8-K filing is primarily for reporting "Other Events" and does not appear to contain specific financial figures or significant new business updates.
Filing Stats: 956 words · 4 min read · ~3 pages · Grade level 15.5 · Accepted 2025-01-10 08:00:08
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value per share LVO The NASDAQ
- $25 million — expected to generate revenue exceeding $25 million for the 2025 calendar year. The financ
Filing Documents
- ea0227343-8k_liveone.htm (8-K) — 28KB
- 0001213900-25-002362.txt ( ) — 199KB
- lvo-20250110.xsd (EX-101.SCH) — 3KB
- lvo-20250110_lab.xml (EX-101.LAB) — 33KB
- lvo-20250110_pre.xml (EX-101.PRE) — 22KB
- ea0227343-8k_liveone_htm.xml (XML) — 4KB
01 Other
Item 8.01 Other Events. In December 2024, a subsidiary of LiveOne, Inc. (the "Company") entered into an agreement with a Fortune 500 media conglomerate, which is expected to generate revenue exceeding $25 million for the 2025 calendar year. The financial information set forth in this Current Report on Form 8-K constitutes forward-looking information and is subject to risks and uncertainties and is not a guarantee of future performance and may differ from actual results. Such financial information has been prepared by and is the responsibility of the Company's management and has not been audited, reviewed or compiled by the Company's or such subsidiary's independent registered public accounting firm, Macias Gini & O'Connell LLP ("MGO"). Accordingly, MGO does not express an opinion or any other form of assurance with respect thereto.
Forward-Looking Statements
Forward-Looking Statements All which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on its largest OEM customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid members; the Company identifying, acquiring, securing and developing content; the Company's intent to repurchase shares of its and/or PodcastOne's common stock from time to time under the Company's announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; the Company's ability to maintain compliance with certain financial and other covenants contained in its debt agreements; the Company successfully implementing its growth strategy, including relating to
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: January 10, 2025 By: /s/ Robert S. Ellin Name: Robert S. Ellin Title: Chief Executive Officer and Chairman of the Board of Directors 2