Jul. 16 at 8:42 PM
$LVO announced the pricing of its previously announced underwritten public offering of 11,833,334 shares of common stock at a price of
$0.75 per share, expected to generate gross proceeds of approximately
$8.9M
CEO & Chairman of LiveOne: “We’re incredibly excited to launch LiveOne’s Bitcoin treasury strategy, marking a bold step toward integrating the future of digital assets into our business. This initial
$10M investment — and the Board’s approval of up to
$500M —underscores our confidence in the long-term potential of crypto-focused assets to enhance shareholder value and fuel our continued innovation at the intersection of entertainment and technology.”
The Company has granted the underwriter a 45-day option to purchase up to an additional 1,775,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The offering is expected to close on or about July 17, 2025, subject to customary closing conditions.
