LiveOne investors convert preferred stock to common at $1.50 per share.

LiveOne, a creator-first music and entertainment platform, announced that certain investors elected to convert their preferred stock to common stock at $1.50 per share. The investors, Harvest Funds and No Street Capital, have shown confidence in LiveOne's long-term vision and growth strategy, strengthening the company's capital structure and aligning interests with shareholders. This move sets the stage for the next phase of value creation at LiveOne.

LiveOne (Nasdaq: LVO), a creator-first music and entertainment platform, has announced that certain investors have elected to convert their preferred stock to common stock at $1.50 per share. This move, valued at $6.75 million, comes from Harvest Small Cap Partners and No Street Capital, who have shown confidence in LiveOne's long-term vision and growth strategy [1].

The conversion strengthens LiveOne's capital structure and aligns the interests of these investors with those of the company's shareholders. CEO Robert Ellin expressed his excitement and gratitude for the vote of confidence from these respected investors, emphasizing how this decision sets the stage for the next phase of value creation at LiveOne [2].

LiveOne, headquartered in Los Angeles, CA, is an award-winning platform that delivers premium experiences and content worldwide through memberships and live and virtual events. The company's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind. LiveOne is available on various platforms such as iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications [2].

The forward-looking statements included in the press release highlight various risks and uncertainties, such as LiveOne's reliance on its largest OEM customer for a substantial percentage of its revenue, its ability to consummate any proposed financing or acquisition, and its ability to continue as a going concern. Additionally, the company's ability to attract, maintain, and increase its user base, secure and develop content, and maintain compliance with financial and other covenants are all factors that could impact LiveOne's future performance [1].

LiveOne's press contact can be reached at press@liveone.com, and the company can be followed on social media platforms such as Facebook, Instagram, TikTok, YouTube, and X at @liveone. For more investor information, please visit ir.liveone.com.

References:
[1] https://www.globenewswire.com/news-release/2025/07/16/3116286/0/en/LiveOne-Nasdaq-LVO-Announces-Harvest-Small-Cap-Partners-and-No-Street-Capital-Lead-6-75M-Preferred-Stock-Conversion-at-1-50-per-Share.html
[2] https://www.stocktitan.net/news/LVO/live-one-nasdaq-lvo-announces-harvest-small-cap-partners-and-no-0tmadu56gjiw.html