{"url_path":"/sec/lvo/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for Registrant**’**s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1491419/0001437749-26-021987-index.html","accession_number":"0001437749-26-021987","cik":"0001491419","ticker":"LVO","issuer_name":"LiveOne, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1491419/0001437749-26-021987-index.html","primary_entity_key":"0001491419","primary_entity_name":"LiveOne, Inc."},"word_count":938,"has_tables":true,"body_markdown":"**Item 5. Market for Registrant**’**s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities**\n\n \n\n**Market Information**\n\n \n\nShares of our common stock have been trading publicly on The NASDAQ Capital Market (“Nasdaq”) under the symbol “LVO” since October 6, 2021.\n\n \n\n**Number of Holders**\n\n \n\nAs of June 25, 2026, there were 391 stockholders of record of our common stock. This figure does not include an estimate of the indeterminate number of beneficial holders whose shares may be held of record by brokerage firms and clearing agencies. This number of holders of record also does not include stockholders whose shares may be held in trust by other entities.\n\n \n\n**Dividends**\n\n \n\nWe have not paid any cash dividends on our common stock to date and do not anticipate paying any cash dividends on our common stock in the foreseeable future. We intend to retain earnings, if any, for the future operation and expansion of our business. Any determination to pay cash dividends in the future will be at the discretion of our board of directors and will depend upon our results of operations, cash requirements, financial condition, contractual restrictions, restrictions imposed by applicable laws and other factors that our board of directors may deem relevant.\n\n \n\n**Securities Authorized for Issuance Under Equity Compensation Plans**\n\n \n\nSee Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report for information regarding securities authorized for issuance under equity compensation plans.\n\n \n\n**Recent Sales of Unregistered Securities** \n\n \n\nOther than as set forth below and as reported in our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K, there have been no other sales or issuances of unregistered securities since April 1, 2020 were not registered under the Securities Act of 1933, as amended (the “Securities Act”).\n\n \n\n*Issuances of Shares, Options and Restricted Stock Units to Consultants, Employees, and Vendors*\n\n \n\n*Fiscal Year 2026*\n\n \n\nDuring the fiscal year ended March 31, 2026, we issued an aggregate of 854,728 shares of our common stock to our consultants, employees, and vendors.\n\n \n\n*Fiscal Year 2025*\n\n \n\nDuring the fiscal year ended March 31, 2025, we issued an aggregate of 311,409 shares of our common stock to our consultants, employees, and vendors.\n\n \n\n*Fiscal Year 2024*\n\n \n\nDuring the fiscal year ended March 31, 2024, we issued an aggregate of 285,530 shares of our common stock to our consultants, employees, and vendors.\n\n \n\n*Issuance of Securities in Private Offerings for Cash*\n\n \n\n*Fiscal Years 2026, 2025 and 2024*\n\n \n\nNone.\n\n \n\n70\n\n[Table of Contents](#toc)\n\n \n\nExcept as otherwise noted, the securities in the transactions describe above were sold in reliance on the exemption from registration provided in Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D as offers and sales of securities not involving any public offering. Each of the persons acquiring the foregoing securities pursuant to Rule 506 of Regulation D was an accredited investor (as defined in Rule 501(a) of Regulation D) and confirmed the foregoing and acknowledged, in writing, that the securities must be acquired and held for investment. All certificates evidencing the shares sold bore a restrictive legend. No underwriter participated in the offer and sale of these securities, and no commission or other remuneration was paid or given directly or indirectly in connection therewith. The proceeds from these sales were used for general corporate purposes.\n\n \n\n**Purchases of Equity Securities by the Issuer and Affiliated Purchasers**\n\n \n\nAs of May 31, 2026, our board of directors and/or management has authorized the repurchase up to an aggregate of $12.0 million worth of shares of our and/or PodcastOne’s outstanding common stock from time to time. The timing, price, and quantity of purchases under the program will be at the discretion of our management and will depend upon a variety of factors including share price, general and business market conditions, compliance with applicable laws and regulations, corporate and regulatory requirements, and alternative uses of capital. The program may be expanded, suspended, or discontinued by our board of directors at any time. Although our board of directors has authorized this stock repurchase program, there is no guarantee as to the exact number of shares, if any, that will be repurchased by us, and we may discontinue purchases at any time that management determines additional purchases are not warranted. We cannot guarantee that the program will be consummated, fully or all, or that it will enhance long-term stockholder value. The program could affect the trading price of our common stock and increase volatility, and any announcement of a termination of this program may result in a decrease in the trading price of our common stock. In addition, this program could diminish our cash reserves.\n\n \n\nThe following table summarizes our purchases of securities for each month during the period of January 1, 2026 to March 31, 2026:\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n \n \n** **\n \n\n**(d)**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**(c)**\n\n \n \n\n**Maximum number**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**Total**\n\n \n \n\n**(or approximate**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**number of shares**\n\n \n \n\n**(dollar value) of**\n\n \n\n \n \n \n \n** **\n \n \n \n** **\n \n\n**(or units)**\n\n \n \n\n**shares**\n\n \n\n \n \n \n \n** **\n \n\n**(b)**\n\n \n \n\n**purchased as**\n\n \n \n\n**(or units)**\n\n \n\n \n \n\n**(a)**\n\n \n \n\n**Average**\n\n \n \n\n**part of publicly**\n\n \n \n\n**that may yet**\n\n \n\n \n \n\n**Total**\n\n \n \n\n**price paid**\n\n \n \n\n**announced**\n\n \n \n\n**be purchased**\n\n \n\n \n \n\n**number of shares**\n\n \n \n\n**per share**\n\n \n \n\n**plans**\n\n \n \n\n**under the plans**\n\n \n\n**Period**\n\n \n\n**(or units) purchased**\n\n \n \n\n**(or unit)**\n\n \n \n\n**or programs**\n\n \n \n\n**or programs**\n\n \n\nJanuary 1, 2026 – January 31, 2026\n\n \n \n-\n \n \n$\n-\n \n \n \n-\n \n \n$\n5,486,631\n \n\nFebruary 1, 2026 – February 28, 2026\n\n \n \n-\n \n \n$\n-\n \n \n \n-\n \n \n$\n5,486,631\n \n\nMarch 1, 2026 – March 31, 2026\n\n \n \n-\n \n \n$\n-\n \n \n \n-\n \n \n$\n5,486,631\n \n\nTotal (January 1, 2026 – March 31, 2026)\n\n \n \n-\n \n \n$\n-\n \n \n \n-\n \n \n$\n5,486,631\n \n\n \n\n**Securities Authorized for Issuance Under Equity Compensation Plans**\n\n \n\nSee “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters — Securities Authorized for Issuance Under Equity Compensation Plans” of this Annual Report."}