LiveOne issues 70,000 shares to Music Story at deemed price of $7.5 each under metadata license agreement

Reuters2026/07/28 20:48

By:Reuters

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LiveOne signed a share-issuance agreement with Music Story SAS tied to its metadata license deal.
70,000 common shares to be issued at a deemed price of $7.5 each to settle outstanding fees, prepay part of future fees.
License term extended through Feb. 24, 2028; any remaining fees due at expiry to be paid in cash.
Music Story sale proceeds will offset fees; sales capped at 3.5% of 20-day average daily volume.
Share settlement expected around July 29, 2026; no cash proceeds to LiveOne.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LiveOne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-082313), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LiveOne issues 70,000 shares to Music Story at deemed price of $7.5 each under metadata license agreement

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