AG真人官方

LiveOne, Inc. (Nasdaq: LVO) filed a preliminary prospectus supplement under its February 26 2025 shelf to sell an unspecified number of common shares and pre-funded warrants. The warrants carry a de-minimis $0.001 exercise price and are exercisable immediately, subject to 4.99%/9.99% ownership caps. Underwriters have a 45-day option to purchase additional shares; underwriting fees are 7.0% of gross proceeds.

Pricing, size and proceeds are still blank, but the company estimates net proceeds will be used to purchase cryptocurrencies, develop a crypto-treasury strategy, and for general corporate purposes. LiveOne retains broad discretion over deployment.

Capital structure & recent financings: as of 15-Jul-25 the company had 101.6 m common shares outstanding, with potentially dilutive securities including 17.6 m shares under the 2016 Plan, 3.6 m shares from Series A preferred, 8.0 m shares from $16.8 m senior secured convertible debentures issued May 19 2025 (convertible at $2.10), and 6.3 m warrants outstanding. In July 2025 LiveOne exchanged $6.75 m of Series A preferred into 4.5 m common shares plus 4.5 m penny warrants. The new share sale will increase dilution further.

Business snapshot: LiveOne operates three segments鈥擯odcastOne, Slacker streaming and a Media Group鈥攐ffering live/virtual music events, podcasts, internet radio and personalized merchandise. OEM relationships, PPV events and acquisitions (CPS, Splitmind, Drumify) broaden revenue streams. FY-25 downloads from PodcastOne reached 204 m.

Key risks highlighted: substantial doubt about going-concern status, recurring losses, large debt load with restrictive covenants, reliance on a single OEM, potential Nasdaq delisting (Bid-price deficiency since Mar-25), intense competition, ineffective internal controls, and extensive crypto-related risks (volatility, custody, regulatory uncertainty). Immediate and substantial dilution is expected for new investors.

Security terms: pre-funded warrants are unlisted and non-trading; common shares remain listed on Nasdaq Capital Market under 鈥淟VO鈥�. Delivery is expected on or about July 鈳�, 2025 via Lucid Capital Markets.

NextTrip, Inc. (NASDAQ: NTRP) filed its Q1 FY 2026 Form 10-Q for the quarter ended 31 May 2025. The travel-technology company continues to integrate multiple acquisitions (NextTrip Holdings reverse merger, FSA Travel, Journy.tv) while facing significant liquidity pressure.

Top-line performance: Quarterly revenue fell 26.5 % year-over-year to $138.8 k as legacy booking volumes softened. Gross profit, however, more than doubled to $38.9 k due to improved mix and lower direct costs (gross margin 28 % vs. 8 %).

Cost structure & loss: Operating expenses surged to $4.68 m (up 138 %), driven by professional fees ($1.15 m), organization costs linked to the reverse merger ($2.00 m), and heightened stock-based compensation ($138 k). Operating loss expanded to $4.64 m and net loss to common shareholders widened to $4.52 m (-$0.68 per diluted share versus -$1.55 YoY, share count up 415 %).

Balance sheet highlights (31 May 2025 vs. 28 Feb 2025):

• Cash depleted from $1.06 m to $0.13 m following $1.04 m operating cash burn and $1.28 m investment outflows.
• Working-capital deficit grew to $1.14 m; current ratio 0.58x.
• Total assets rose to $10.96 m (up $1.0 m) as goodwill and intangibles from FSA and Journy.tv acquisitions increased to $6.22 m.
• Total liabilities jumped to $4.29 m (up $1.71 m) including a new related-party line of credit ($1.49 m) and SBA EIDL loan ($98.8 k).
• Stockholders鈥� equity declined to $6.67 m from $7.37 m.

Financing & dilution: Share count rose to 7.85 m common shares outstanding by mid-July 2025 (vs. 1.66 m at FY-end) after issuing 5.84 m contingent shares from the reverse merger, equity for acquisitions, and stock compensation. The company added $1.2 m in related-party advances and raised $0.19 m from third-party notes but ended the quarter with only $131 k in cash.

Acquisitions: 鈥� Completed step acquisition of FSA Travel (remaining 51 % for $1.8 m cash/stock/earn-out) adding ~$1.67 m of goodwill. 鈥� Purchased Journy.tv media assets for $415 k to diversify channel inventory. 鈥� Recorded a $2.42 m cost-method investment (10 %) in Blue Fysh Holdings via preferred stock issuance.

Going-concern risk: Management cites 鈥渟ubstantial doubt鈥� about the company鈥檚 ability to continue for the next 12 months without additional financing. Significant cash needs remain for platform development and debt service.

Key watch-points for investors: 1) ability to secure fresh capital or monetize newly acquired assets, 2) integration and revenue scaling of FSA Travel and Journy.tv, 3) controlling professional-service spending post-transaction, 4) execution of cost discipline to narrow operating losses, and 5) Nasdaq listing compliance amid potential further dilution.

Dave & Buster's Entertainment, Inc. (PLAY) 鈥� Form 4 insider filing

Senior Vice-President & Chief Legal Officer Rodolfo Rodriguez Jr. reported several equity awards dated 18 June and 27 June 2025:

• 1,295 restricted stock units (RSUs) granted on 27 June 2025 at no cost; these will vest in three equal annual tranches on 24 Apr 2026-2028.
• 8,830 stock options issued at strike prices of $34.50 (7,535 options) and $30.45 (1,295 options). The $34.50 awards were originally approved 8 Jan 2025 and became effective following shareholder approval of the 2025 Omnibus Incentive Plan on 18 Jun 2025; they vest in four and five equal annual instalments from 2026-2030. The new $30.45 grant vests in three equal tranches 2026-2028.
• Following the RSU grant, Rodriguez鈥檚 direct beneficial ownership rises to 13,770 common shares. All awards are held directly.

The filing reflects no open-market purchases or sales; all transactions are equity incentives designed to align executive interests with shareholder value. Because the grants are service-based and spread over multiple years, near-term share-count dilution is minimal.

Dave & Buster鈥檚 Entertainment, Inc. (PLAY) 鈥� Form 4 filing for Antonio Pineiro, SVP & Chief International Development Officer

The insider report details equity movements on 18 April 2025 and 27 June 2025:

• PSU vesting: 2,858 and 1,038 common shares were delivered upon three-year performance-based RSU awards granted 18 Apr 2022. These awards vested in full after the company met pre-set performance criteria.
• Tax withholding: 874 and 318 shares were automatically withheld at $19.46 per share to cover statutory taxes; no shares were sold on the open market.
• Net effect on ownership: Beneficial ownership rose from 40,979 to 43,237 shares, a gain of 2,258 shares (+5.5%).
• New equity grants (27 Jun 2025): 鈥� 2,258 time-based RSUs that cliff-vest in equal thirds on 24 Apr 2026-2028. 鈥� A stock option covering 2,258 shares at a $30.45 strike, vesting in three annual tranches (2026-2028).
• Contingent option grant (18 Jun 2025): 6,056 options at a $33.02 strike became effective after shareholder approval of the 2025 Omnibus Incentive Plan; vesting occurs in equal thirds on 20 Dec 2025-2027.

No open-market purchases or sales occurred; all activity reflects incentive compensation mechanics. The filing primarily signals that long-term performance targets were achieved and that Pineiro remains aligned with shareholders through additional equity incentives.

Form 4 overview 鈥� Dave & Buster鈥檚 Entertainment, Inc. (PLAY)

Senior Vice President & Chief Operating Officer Tony Wehner reported several equity transactions on 18 Apr 2025 and 27 Jun 2025. The filing reflects routine vesting of previously granted performance-based restricted stock units (PSUs), associated tax-withholding share disposals, a new grant of restricted stock units (RSUs), and two new stock-option awards granted under the 2025 Omnibus Incentive Plan.

• PSU vesting (18 Apr 2025): 1,819 shares vested; 556 shares withheld for taxes. A second PSU tranche of 660 shares vested; 202 shares withheld for taxes.
• RSU grant (27 Jun 2025): 2,856 RSUs awarded; scheduled to vest in three equal annual installments on 24 Apr 2026, 2027 and 2028.
• Stock-option grants: 8,328 options at $33.02 (grant date deemed 18 Jun 2025; exercisable in three annual tranches starting 20 Dec 2025) and 2,856 options at $30.45 (grant date 27 Jun 2025; exercisable in three annual tranches starting 24 Apr 2026). Both options expire in 2034鈥�2035.
• Post-transaction ownership: 56,320 common shares held directly; 11,184 unexercised stock options.

The transactions did not involve open-market purchases or sales and represent standard incentive compensation activity. No immediate cash proceeds were reported, and there is no indication of a change in strategic outlook for PLAY.

Dave & Buster鈥檚 Entertainment, Inc. (PLAY) 鈥� Form 4 insider filing

Senior Vice President & Chief Information Officer Steve Klohn reported equity awards granted on 18 June 2025 and 27 June 2025 following shareholder approval of the company鈥檚 2025 Omnibus Incentive Plan:

• Restricted Stock Units: 2,115 common shares (grant date 27 Jun 2025) that vest in three equal annual tranches on 24 Apr 2026-2028. Total direct share ownership rises to 24,243.
• Stock Options: 6,056 options at $33.02 and 6,803 options at $37.04 (both granted 18 Jun 2025) plus 2,115 options at $30.45 (27 Jun 2025). All options expire 21 Jan 2035 (or 27 Jun 2035 for the last grant) and vest in 3-4 annual installments beginning in 2025-2026.

No shares were sold; all transactions were coded 鈥淎鈥� (acquisition) at $0 cost, signalling compensation-related grants rather than open-market activity. The filing modestly increases insider alignment but is immaterial to PLAY鈥檚 capital structure.

Paramount Global (PARAA/ PARA) 鈥� SEC Form 4 insider filing

Director Shari Redstone reported the award of 16,340 Restricted Share Units (RSUs) linked to Class B common stock on 2 July 2025. The grant was made at $0.0000 under the company鈥檚 outside-director equity plan.

Vesting will occur on the earlier of (i) the company鈥檚 2026 Annual Meeting of Stockholders or (ii) 2 July 2026. On vesting, an equivalent number of Class B shares will be delivered unless the director elects to defer receipt.

• Security acquired: Restricted Share Units convertible into Class B shares
• Units granted: 16,340
• Transaction code: A (award)
• Price per unit: $0
• Post-transaction beneficial ownership: 16,340 units/shares held directly

No shares were sold or disposed of, and no other derivative transactions were reported. The filing represents a routine annual equity grant for board compensation rather than an active purchase or sale.

Qualys, Inc. (QLYS) Form 4: Chief Financial Officer Joo Mi Kim disclosed the sale of 787 common shares on 07 July 2025 via a pre-arranged Rule 10b5-1 trading plan adopted on 21 Aug 2024.

The sales were executed in four tranches between $146.85 鈥� $150.35 per share, producing a volume-weighted average price range of roughly $147.19-$149.50. After the transactions, the CFO still beneficially owns 99,288 shares, indicating that less than 1 % of her total stake was divested.

No derivative transactions were reported, and there is no indication of additional insider participants. Given the modest size of the sale, the continuation of substantial insider ownership, and the existence of a 10b5-1 plan, the filing is viewed as routine with limited market impact.