| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LVO | Common Stock, $0.001 par value | Purchase | $54.2K | +25K | +1.48% | $2.17 | 1.71M | Nov 18, 2021 | Direct | F1 |
| transaction | LVO | Common Stock, $0.001 par value | Purchase | $41.8K | +20K | +1.17% | $2.09 | 1.73M | Nov 19, 2021 | Direct | F2 |
| holding | LVO | Common Stock, $0.001 par value | 16.9M | Nov 18, 2021 | See footnotes | F3, F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.115 to $2.22, inclusive. The Reporting Person undertakes to provide to LiveOne, Inc. ("Issuer") or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 1. |
| F2 | The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.07 to $2.10, inclusive. The Reporting Person undertakes to provide to Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 2. |
| F3 | Includes (i) 6,839,899 shares of Issuer's common stock owned by Trinad Capital as of November 8, 2021, as the Reporting Person, the Managing Director and Portfolio Manager of Trinad Capital, is deemed to have sole voting and dispositive power over such shares, (ii) 716,216 shares of Issuer's common stock owned by Trinad Capital Management, LLC ("Trinad Management") as of November 8, 2021, as the Reporting Person, the Managing Member of Trinad Management, is deemed to have sole voting and dispositive power over such shares, (iii) 6,817,810 shares of Issuer's common stock owned by JJAT Corp. ("JJAT") as of November 8, 2021, an entity owned by the Reporting Person, as the Reporting Person is deemed to have sole voting and dispositive power over such shares, (continued to footnote 4) |
| F4 | (continued from footnote 3), (iv) approximately 1,898,217 shares of Issuer's common stock issuable as of November 8, 2021 upon conversion of Issuer's convertible notes held by Trinad Capital, which Trinad Capital has the right to convert at the conversion price of $3.00 per share as a result of Issuer's public offering completed on December 27, 2017, and (v) 666,667 stock options to purchase shares of Issuer's common stock at an exercise price of $4.00 per share. Accordingly, securities owned by these entities may be regarded as being beneficially owned by the Reporting Person. |
| F5 | Each of the Reporting Person and Trinad Management disclaim beneficial ownership of the reported securities except for the (i) Reporting Person's and Trinad Management's pecuniary interest therein, (ii) direct beneficial ownership of Trinad Management as reported herein, (iii) indirect interest of Trinad Management by virtue of being the Managing Director and Portfolio Manager of Trinad Capital, (iv) indirect interest of the Reporting Person by virtue of being a member of Trinad Management, (v) indirect interest of the Reporting Person by virtue of being a shareholder of JJAT, and (vi) indirect interest of the Reporting Person by virtue of being a member of Trinad Capital. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| F6 | Does not include (i) shares of Issuer's common stock held by a family trust and family foundation as to which the Reporting Person does not exercise voting or dispositive power, (ii) 88,660 RSUs that shall vest on September 7, 2022, subject to earlier vesting in the event of a change in control or the Reporting Person's departure from Issuer, and (iii) 500,000 stock options granted by Issuer to the Reporting Person which have not yet vested and which shall vest in accordance with certain conditions specified in the Reporting Person's employment agreement with Issuer, subject to his continued employment with Issuer through the applicable vesting date. |