Liveone (nasdaq: lvo) announces $11.3m series a preferred stock conversion to common stock at $2.10 per share, led by harvest small cap partners master, ltd. and trinad capital master fund

- conversion eliminates $2.0m of annual cash dividends - eliminates $5m of redeemable mezzanine equity - broadens institutional ownership to ~35% - liveone currently eligible to join russell 2000 in may 2024 - liveone acquired additional 159,000 podc shares at a price of $3 per share during march 2024 los angeles, ca, april 03, 2024 (globe newswire) -- via newmediawire -- robert ellin, the ceo and chairman of liveone, stated, “jeff osher, the managing member of the harvest funds, has successfully invested and partnered in many of my companies for over 20 years. he is renowned as one of the best small cap investors around the globe.
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