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LiveOne Secures Debt Forbearance, Defers Repayments Under Amended Agreement

PUBT·11/04/2026 23:04:05
LiveOne Secures Debt Forbearance, Defers Repayments Under Amended Agreement
  • LiveOne entered an October 29, 2026, forbearance agreement amending its 11.75% Original Issue Discount Senior Secured Convertible Debentures.
  • Lenders retain approximately $5.25 million; additional repayments of $1 million and $1.25 million are due within 30 and 60 days, respectively.
  • October redemptions were waived; November payments were deferred to December 15, 2026. Monthly redemptions resume in December.
  • The minimum cash requirement ends upon $7.5 million in aggregate repayments. PodcastOne issued holders 275,000 shares as a fee.
  • An exit fee equals the greater of $1 million or 1.5% of PodcastOne sale proceeds above $50 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LiveOne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-116002), on November 04, 2026, and is solely responsible for the information contained therein.