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LiveOne Joined Russell 2000 Index And Retires 4.2M Open Market Shares

Benzinga ·  Jul 8 20:10

Institutional holdings increase by 10.5M+ shares

Retires 4.2M open market shares, reducing total outstanding shares to 94.7M

Registered 1.3M warrants at $2.10 (50% premium) expect $2.73 million from largest existing investor

Company Plans to Aggressively Buy Back $5M worth of LVO Shares

LOS ANGELES, July 08, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, entertainment, and technology platform, announces recent developments, including joining the Russell 2000 Index and retiring 4.2M open market shares.

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