Core Insights - LiveOne announced that certain investors have converted their preferred stock into common stock at a price of $1.50 per share, indicating strong investor confidence in the company's future [1][2] - CEO Robert Ellin expressed gratitude towards Harvest Funds and No Street Capital for their decision, highlighting that this move strengthens the company's capital structure and aligns interests with shareholders [2] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, focusing on delivering premium experiences and content globally through memberships and live and virtual events [3] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind, and it is accessible on various platforms including iOS, Android, Roku, and more [3]