LiveOne announces 1:10 reverse share split
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LiveOne Inc. (NASDAQ: LVO) filed a certificate of amendment with Delaware's Secretary of State on September 22, 2025, to implement a one-for-ten reverse stock split of its outstanding common stock.
The company received approval from Nasdaq to effect the reverse stock split and expects the shares to begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on September 26, 2025. The trading symbol will remain "LVO".
Under the reverse stock split, every ten shares of existing common stock will automatically convert into one post-split share. Stockholders who would receive fractional shares will instead receive cash from the company's transfer agent, VStock Transfer LLC, based on proceeds from the sale of aggregated fractional shares.
Following the reverse stock split, LiveOne's common stock will have a new CUSIP number of 53814X300. The company's common stock has a par value of $0.001 per share.
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