LiveOne (Nasdaq: LVO) Reports Over $11 Million in Current Cash Position After Repurchasing Approximately 1.3 Million Shares During Fiscal Year 2024
15 2월 2024 - 10:30PM
via NewMediaWire – Robert Ellin, Chairman and CEO of LiveOne,
commented, “LVO’s AI-driven platform revolutionizes the landscape
for artists, influencers, and creators by empowering them to
authentically connect brands with their super fans. With LVO’s
Celebrity Brands Division algorithms, talent can spotlight products
and brands that resonate with their artistic vision.”
About LiveOne, Inc.
LiveOne, Inc. is an award-winning, creator-first, music,
entertainment, and technology platform delivering premium
experiences and content worldwide. With subsidiaries like Slacker
Radio and PodcastOne, LiveOne has garnered accolades for its
innovative approach, including the Best Live Moment award by
Digiday for the "Social Gloves" PPV Event.
Forward-Looking Statements All statements other than
statements of historical facts contained in this press release are
“forward-looking statements,” which may often, but not always, be
identified by the use of such words as “may,” “might,” “will,”
“will likely result,” “would,” “should,” “estimate,” “plan,”
“project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,”
“seek,” “continue,” “target” or the negative of such terms or other
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors, which may cause actual
results, performance or achievements to differ materially from
those expressed or implied by such statements, including: the
Company’s reliance on one key customer for a substantial percentage
of its revenue; the Company’s ability to consummate any proposed
financing, acquisition, spin-out, special dividend, merger,
distribution or transaction, the timing of the consummation of any
such proposed event, including the risks that a condition to the
consummation of any such event would not be satisfied within the
expected timeframe or at all, or that the consummation of any
proposed financing, acquisition, spin-out, merger, special
dividend, distribution or transaction will not occur or whether any
such event will enhance shareholder value; the Company’s ability to
continue as a going concern; the Company’s ability to attract,
maintain and increase the number of its users and paid members; the
Company identifying, acquiring, securing and developing content;
the Company’s intent to repurchase shares of its common stock from
time to time under its announced stock repurchase program and the
timing, price, and quantity of repurchases, if any, under the
program; the Company’s ability to maintain compliance with certain
financial and other covenants; the Company successfully
implementing its growth strategy, including relating to its
technology platforms and applications; management’s relationships
with industry stakeholders; the effects of the global Covid-19
pandemic; uncertain and unfavorable outcomes in legal proceedings;
changes in economic conditions; competition; risks and
uncertainties applicable to the businesses of the Company’s
subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in the Company’s Annual Report
on Form 10-K for the fiscal year ended March 31, 2023, filed with
the U.S. Securities and Exchange Commission (the “SEC”) on June 29,
2023, Quarterly Report on Form 10-Q for the quarter year ended June
30, 2023, filed with the SEC on August 15, 2023, and in the
Company’s other filings and submissions with the SEC. These
forward-looking statements speak only as of the date hereof, and
the Company disclaims any obligation to update these statements,
except as may be required by law. The Company intends that all
forward-looking statements be subject to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995.
For media inquiries, please contact:
LiveOne IR Contact : Liviakis Financial Communications, Inc.
(415) 389-4670 john@liviakis.com
LiveOne Press Contact : LiveOne press@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok,
YouTube, and Twitter at @liveone.
LiveOne (NASDAQ:LVO)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
LiveOne (NASDAQ:LVO)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024