SCHEDULE: BlackRock Discloses 1.3% Passive Stake in LiveOne Inc.
Schedule 13G Amendment
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 1.3% of LiveOne Inc.'s common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 1,304,285 shares of LiveOne Inc. common stock (CUSIP: 53814X102).
- This ownership represents 1.3% of the total outstanding common stock of LiveOne Inc., whose principal executive offices are located at 269 SOUTH BEVERLY DRIVE, SUITE 1450 BEVERLY HILLS CA 90212.
- BlackRock holds sole voting power over 1,297,564 shares and sole dispositive power over 1,304,285 shares.
- No shared voting or dispositive power is reported.
- The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of LiveOne Inc.
- The filing was made by BlackRock, Inc. and its Reporting Business Units, including BlackRock Advisors, LLC, BlackRock Fund Advisors, BlackRock Institutional Trust Company, National Association, and BlackRock Investment Management, LLC.
- No single person's interest in LiveOne Inc. common stock held by BlackRock is more than five percent of the total outstanding common shares.
Sentiment
Score: 5
Explanation: The document is a factual ownership disclosure and does not contain information that would significantly alter the sentiment towards LiveOne Inc. It is a routine regulatory filing.
Positives
- BlackRock, a prominent institutional investor, holds a stake in LiveOne Inc., indicating its inclusion in their investment portfolios.
- The filing confirms BlackRock's passive investment intent, stating the shares are held in the ordinary course of business and not for control purposes.
Negatives
- No specific negative information regarding LiveOne Inc.'s operations or financial health is disclosed in this ownership filing.
Risks
- No specific risks related to LiveOne Inc.'s operations or financial health are disclosed in this ownership filing, as it pertains solely to an ownership disclosure.
Future Outlook
This Schedule 13G filing is an ownership disclosure and does not contain any forward-looking statements or guidance regarding LiveOne Inc.'s future performance or outlook.
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
Industry Context
This filing is a routine disclosure of passive institutional ownership, common for large asset managers like BlackRock across various industries. It does not provide specific insights into the media or entertainment industry trends relevant to LiveOne Inc., nor does it indicate any strategic shifts within the industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in the company.
- Management: Awareness of BlackRock's passive investment, which typically implies no immediate intent to influence corporate strategy.
Key Dates
| Date | Description |
|---|---|
| 2025-01-21 | Date of execution of the Power of Attorney by BlackRock, Inc. |
| 2025-06-30 | Date of event which requires the filing of this statement. |
| 2025-07-17 | Date of filing of the Schedule 13G by BlackRock, Inc. |
Keywords
LiveOne Inc, BlackRock, Schedule 13G, Common Stock, Beneficial Ownership, Institutional Investor, SEC Filing, Passive Investment
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