Brief: Liveone’S Slacker And Roth Ch Acquisition V Announce Letter Of Intent To Merge

New Era Energy & Digital

28/04/2023 14:05

April 28 (Reuters) - LiveOne Inc  LVO.O :
    * LIVEONE’S SLACKER AND ROTH CH ACQUISITION V CO. ANNOUNCE
LETTER
OF INTENT TO MERGE
    * LIVEONE INC - DEAL IS EXPECTED TO VALUE SLACKER AT $160
MILLION
PRE-MONEY
    * LIVEONE - ENTERED INTO A LETTER OF INTENT TO MERGE
LIVEONE'S
WHOLLY-OWNED SUBSIDIARY, SLACKER INC, WITH ROTH CH ACQUISITION V
CO
    * LIVEONE INC - AFTER CONTEMPLATED MERGER, LIVEONE IS
EXPECTED TO
OWN SUBSTANTIAL MAJORITY OF POST-MERGER COMPANY
    * LIVEONE INC -  AFTER CONTEMPLATED MERGER, IT IS EXPECTED
THAT
SLACKER WILL CONTINUE ITS EXISTING BUSINESS RELATIONSHIP WITH CO
AND PODCASTONE

Source text for Eikon:  ID:nGNX2yFz9b 
Further company coverage:  LVO.O 

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