LiveOne (Nasdaq: LVO) Reports $9.1M+ Current Cash Position after Stock Purchases

Group 1 - LiveOne has announced updates regarding its cash position and share repurchase program, including the repurchase of 4.3 million shares of PodcastOne (PODC) by the end of the week, reducing outstanding shares from 99 million to 94.7 million [1] - The company has a remaining budget of $6.3 million allocated for further share repurchases [1] - Since July 1st, LiveOne has repurchased an additional 153,000 shares of LVO and 224,000 shares of PODC [1] Group 2 - LiveOne is headquartered in Los Angeles and operates as a creator-first music, entertainment, and technology platform, offering premium experiences and content through memberships and events [2] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2] - LiveOne's services are accessible on various platforms including iOS, Android, Roku, Apple TV, Spotify, and Amazon Fire [2]