LiveXLive Media, which includes music streamer Slacker alongside a live concert streaming platform, has been approved for listing on The NASDAQ Capital Market.
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.
