• SEC Filings

Live Ventures Incorporated (NASDAQ:LIVE) Files An 8-K Other Events
Item 8.01.

On May 29, 2019, Live Ventures Incorporated (the “Company”) established a trading plan (the “10b5 Plan”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated that was adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to assist the Company in repurchasing shares under its previously announced stock repurchase program (the “Program”). The 10b5 Plan is subject to the parameters set forth in such plan and expires on November 29, 2019. As previously disclosed, on February 15, 2018, the Board of Directors of the Company adopted the Program which authorizes the Company to repurchase up to $10 million of its currently outstanding shares of common stock at prevailing market prices. The Program may be suspended or discontinued at any time and the Program does not obligate the Company to acquire any specific number of shares of its common stock.

A copy of the press release announcing the establishment of the 10b5 Plan is attached to this Current Report on Form 8-K as Exhibit 99.1.

LIVE VENTURES Inc Exhibit
EX-99.1 2 live_ex9901.htm PRESS RELEASE Exhibit 99.1   Live Ventures Announces Establishment of 10b5 Trading Plan with Merrill Lynch in Connection with Stock Repurchase Program   LAS VEGAS,…
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About Live Ventures Incorporated (NASDAQ:LIVE)

Live Ventures Incorporated, formerly LiveDeal, Inc., is a holding company. The Company offers LiveDeal.com, a real-time deal engine that connects restaurants across the United States and consumers via a platform. The Company operates in three segments: legacy merchant’s services; online marketplace platform, and manufacturing. The legacy merchants’ services segment consists of local exchange carrier (LEC) and Velocity Local. The online marketplace platform segment consists of LiveDeal.com and various consumer products entities. The manufacturing segment includes the operations of Marquis Industries, Inc. (Marquis Industries). Marquis Industries is a carpet manufacturer and a manufacturer of yarn products, as well as a reseller of hard surface flooring products. LiveDeal.com provides marketing solutions to restaurants to boost customer awareness and merchant visibility on the Internet.