UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On September 14, 2023, LiveOne, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). Below is a summary of the proposals and corresponding vote.
1. All eight nominees were elected to the Company’s Board of Directors with each director receiving votes as follows:
| Election of Directors | For | Withheld | Broker Non-Vote | |||||||||
| Robert S. Ellin | 42,050,326 | 51,951 | 20,359,919 | |||||||||
| Jay Krigsman | 32,966,527 | 9,135,750 | 20,359,919 | |||||||||
| Craig Foster | 36,178,403 | 5,923,874 | 20,359,919 | |||||||||
| Ramin Arani | 36,388,325 | 5,713,952 | 20,359,919 | |||||||||
| Patrick Wachsberger | 33,888,445 | 8,213,832 | 20,359,919 | |||||||||
| Kenneth Solomon | 29,360,660 | 12,741,617 | 20,359,919 | |||||||||
| Bridget Baker | 33,892,649 | 8,209,628 | 20,359,919 | |||||||||
| Kristopher Wright | 42,064,347 | 37,929 | 20,359,919 | |||||||||
2. The approval, on a non-binding advisory basis, on the frequency of stockholder advisory vote on the Company’s executive compensation as described in the Company’s Proxy Statement for the Annual Meeting. The votes on this proposal were as follows:
| One Year | Two Years | Three Years | Abstain | |||
| 13,142,917 | 160,425 | 28,770,351 | 28,583 |
3. The ratification of the appointment of Macias Gini & O’Connell, LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024. The votes on this proposal were as follows:
| For | Against | Abstained | Broker Non-Vote | |||
| 62,320,267 | 113,567 | 28,362 | ‒ |
4. The approval, to adjourn the Annual Meeting to a later date or time, if necessary, to permit further solicitation and vote of proxies if there are not sufficient votes at the time of the Annual Meeting to approve any of the proposals presented for a vote at the Annual Meeting. The votes on this proposal were as follows:
| For | Against | Abstained | Broker Non-Vote | |||
| 49,020,816 | 13,304,516 | 134,738 | ‒ |
No other matters were considered or voted upon at the Annual Meeting.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LIVEONE, INC. | ||
| Dated: September 19, 2023 | By: | /s/ Aaron Sullivan |
| Name: | Aaron Sullivan | |
| Title: | Interim Chief Financial Officer | |
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