8-K
LIVE VENTURES Inc (LIVE)
UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 26, 2022
Live Ventures Incorporated
(Exact Name of Registrant as Specified in Charter)
| Nevada | 001-33937 | 85-0206668 |
|---|---|---|
| (State or Other Jurisdiction<br><br>of Incorporation) | (Commission<br><br>File Number) | (IRS Employer<br><br>Identification No.) |
| 325 E. Warm Springs Road, Suite 102<br><br>Las Vegas, NV 89119 | ||
| --- | ||
| (Address of Principal Executive Offices and Zip Code) |
Registrant’s telephone number, including area code: 702-997-5968
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br><br>Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.001 par value per share | LIVE | The NASDAQ Stock Market LLC (The NASDAQ Capital Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 2.02 Results of Operations and Financial Condition.
On July 28, 2022, Live Ventures Incorporated (the “Company”) issued a press release announcing that on Thursday, August 11, 2022, it will release the financial results for the third quarter (ended June 30, 2022) of its current fiscal year 2022. The Company plans to host a teleconference on August 11, 2022, at 2:00 pm Pacific Time (5:00 pm Eastern Time) to discuss these results. To access the call, please dial (800) 267-6316 for US callers (or (203) 518-9783 for international callers). The conference ID is “LiveVentures”. A replay of the call will be available on the “Investor Relations” page of the Live Ventures website (https://ir.liveventures.com/) after the call
Item 5.07. Submission of Matters to a Vote of Security Holders.
On July 26, 2022, Live Ventures Incorporated (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”)to vote on the matters disclosed in the Company’s definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on June 23, 2022 (the “Proxy Statement”). The final voting results for the matters submitted to a vote of stockholders were as follows:
Proposal No. 1 – Election of Directors
At the Annual Meeting, the Company’s stockholders elected the persons listed below as directors for a one-year term expiring on the date of the Annual Meeting in 2023 or until their respective successors are duly elected and qualified:
| Nominee Name | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Jon Isaac | 2,072,647 | 7,345.03 | 686,163 |
| Tony Isaac | 2,073,467 | 6,525.03 | 686,163 |
| Richard D. Butler, Jr. | 1,878,018 | 201,974.03 | 686,163 |
| Dennis (De) Gao | 1,935,994 | 143,998.03 | 686,163 |
| Tyler Sickmeyer | 1,940,545 | 139,447.03 | 686,163 |
Proposal No. 2 – Non-binding advisory vote to approve named executive compensation
| Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|
| 2,037,795 | 41,723.03 | 2,474 |
Proposal No. 3 – Ratification of Independent Accounting Firm
| Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|
| 2,757,914 | 777.03 | 7,464 |
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description |
|---|---|
| 99.1 | Press Release, dated July 28, 2022 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LIVE VENTURES INCORPORATED | |
|---|---|
| By: | /s/ Jon Isaac |
| Name: Jon Isaac | |
| Title: Chief Executive Officer |
Dated: July 29, 2022
EX-99.1
Exhibit 99.1
Live Ventures to Release Fiscal Third Quarter Financial Results and Hold Earnings Conference Call on August 11, 2022
LAS VEGAS, July 28, 2022 -- Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal third quarter ended June 30, 2022, before the opening of the NASDAQ Stock Market on Thursday, August 11, 2022. The Company will also host a conference call to discuss the results.
The conference call will take place on August 11, 2022, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). The dial-in numbers are as follows:
• 800.267.6316 (U.S.)
• +1.203.518.9783 (International/caller-paid)
• Conference ID: LIVEVENTURES
• Program Title: Live Ventures Incorporated Earnings Call
Please dial in at least 15 minutes in advance, but no sooner than 30 minutes, to ensure you are connected. To listen to the discussion after the call is over, please go to the “Investor Relations” page of the Live Ventures website (https://ir.liveventures.com/) for a recording.
About Live Ventures
Live Ventures is a growing, diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. Live Ventures’ acquisition strategy is sector agnostic and focuses on well-run, closely held businesses with a demonstrated track record of earnings growth and cash flow generation. The Company looks for opportunities to partner with management teams of its acquired businesses to build increased stockholder value through a disciplined buy-build-hold long-term focused strategy. Live Ventures was founded in 1968. In late 2011 Jon Isaac, CEO and strategic investor took over the company and in 2015, refocused it into a diversified holding company. The Company’s current portfolio of diversified operating subsidiaries includes companies in the textile, flooring, tools, steel, entertainment, and financial services industries.
Contact:
Live Ventures Incorporated
Greg Powell, Director of Investor Relations
725.500.5597
gpowell@liveventures.com
www.liveventures.com
Source: Live Ventures Incorporated