LiveOne, Inc. (NasdaqCM:LVO) is continuing a process to explore strategic alternatives. As previously announced in January 2021, with the assistance of JPMorgan Chase & Co. (NYSE:JPM), LiveOne is continuing a process to explore strategic alternatives to enhance shareholder value.

Potential alternatives may include, among others, a strategic acquisition, divestiture, merger, sale or other form of business combination. There can be no assurance that LiveOne's efforts will result in a specific transaction or any particular outcome or its timing.