Liveone substantially increases its share repurchase program from $5 million to $7.5 million

Enters into non-binding loi for a new $12.5 million credit line los angeles, ca , july 14, 2023 (globe newswire) -- via newmediawire – liveone (nasdaq: lvo), an award-winning, creator-first music, entertainment, and technology platform, announced today that its board of directors has authorized an increase to its stock repurchase program to a total of approximately $7.5 million worth of liveone's shares of common stock, inclusive of the shares that have already been repurchased. liveone has also entered into a non-binding letter of intent (the “loi”) for a new credit line of $12.5 million to replace its current credit line.
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