LiveOne (LVO) announced the pricing of its previously announced underwritten public offering of 11,833,334 shares of common stock at a price of $0.75 per share, expected to generate gross proceeds of approximately $8.9M, before deducting underwriting discounts, commissions, and offering expenses. The Company intends to use the majority of the proceeds to accelerate the launch of its newly formed Bitcoin yield treasury strategy program. Lucid Capital Markets is acting as the sole book-running manager for the offering. All of the shares of common stock to be sold in the offering will be sold by the Company. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 1,775,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The offering is expected to close on or about July 17, 2025, subject to customary closing conditions.
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