Shares of common stock are expected to begin trading on The NASDAQ Capital Market on February 22, 2018 under its existing trading symbol “LIVX.”
“2017 was a monumental year for LiveXLive and listing on NASDAQ is an exciting and major milestone in our evolution that we believe will expose the company to a wider audience of potential institutional investors and increase liquidity, ultimately contributing to our ability to increase shareholder value,” commented Rob Ellin, Chairman and CEO. “Consumers demand accessible, world-class experiences and LiveXLive has built a platform for just that – a social ecosystem for music lovers around the world. Backed by an impressive management team and propelled by the incredible market opportunity, we have built a company that uniquely addresses a previously untapped market. We look forward to continuing to share our developing story with the investment community,” concluded Mr. Ellin.