Item 3.02 Unregistered Sales of Equity Securities.

On December 30, 2021, a holder of LiveOne, Inc.'s (the "Company") debt in the total principal and accrued interest amount of approximately $2.4 million exchanged the full amount of the debt into approximately 1.16 million shares of the Company's common stock (the "Shares") at an exchange price of $2.10 per share.

The Shares will be issued pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 of Regulation D promulgated thereunder.


                                       1

© Edgar Online, source Glimpses