LiveOne secures debt forbearance, defers repayments under amended agreement
LVO•LVO•LVO•LVO•LiveOne amended its 11.75% senior secured convertible debenture agreement, deferring November payments to December 15, 2026, and setting additional repayments of $1 million and $1.25 million within 30 and 60 days.
LiveOne entered an October 29, 2026, forbearance agreement covering 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, and monthly redemptions resume in December.
The minimum cash requirement ends once aggregate repayments reach $7.5 million. PodcastOne issued holders 275,000 shares as a fee, and an exit fee is the greater of $1 million or 1.5% of PodcastOne sale proceeds above $50 million.
