LiveDeal just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
424B5 1 livedeal_424b5.htm PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424(b)(5) REGISTRATION NO. 333-193971 PROSPECTUS SUPPLEMENT NO. 2 (to Prospectus Supplement, dated May 20, 2014 and to Prospectus dated April 10, 2014) LIVE VENTURES $9,789,642 Common Stock On May 16, 2014, we entered into an engagement agreement with Chardan Capital Markets, LLC relating to the sale of shares of our common stock offered under the prospectus supplement, dated April 10, 2014 (“Prospectus Supplement No. 1”) and the accompanying prospectus (the “Engagement Agreement”). In accordance with the terms of the Engagement Agreement, we may offer and sell up to a maximum aggregate amount of 10,000,000 shares of our common stock, $0.001 par value per share, from time to time through Chardan, acting as agent. On November 15, 2015, the Engagement Agreement was terminated upon prior written notice by us to Chardan. Subsequently, on December 11, 2015, pursuant to a Reinstatement and First Amendment Agreement, we re-instated the Engagement Agreement with Chardan. Our common stock is traded on The NASDAQ Capital Market under the symbol “LIVE.” The last reported sale price of our common stock on December 10, 2015, was $2.59 per share. Under our Form S-3 we registered up to $50,000,000 of securities that we could issue from time to time. Pursuant to General Instruction I.B.6 of Form S-3, as long as the aggregate market value of our common stock held by non-affiliates remains below $75.0 million, we will not, during any 12 calendar month period, sell the securities in a public primary offering with a value exceeding more than one-third of the aggregate market value of our common stock held by non-affiliates. The aggregate market value of our outstanding common stock held by non-affiliates is approximately $31,008,879, which was calculated based on 11,972,540 shares of outstanding common stock held by non-affiliates as of December 7, 2015, and a price per share of $2.59, the last repor
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever LiveDeal makes a similar move, sign up!