Welcome to our dedicated page for Live Current Media news (Ticker: LIVC), a resource for investors and traders seeking the latest updates and insights on Live Current Media stock.
Live Current Media Inc. (LIVC) delivers innovative solutions for creator ecosystems through its integrated Exosystem platform. This news hub provides investors and industry observers with official updates on the company's progress in empowering digital creators through AR/VR tools, social amplification technologies, and monetization strategies.
Access all verified press releases and corporate announcements in one location, including financial disclosures, strategic partnerships, and platform enhancements. Track developments in key operational areas like community-building features, brand management tools, and emerging technologies within the creator economy space.
Discover updates on leadership initiatives and technology roadmaps directly from the source. For stakeholders monitoring the intersection of digital content creation and experiential marketing solutions, this resource offers comprehensive tracking of LIVC's market position and innovation pipeline.
Bookmark this page for streamlined access to critical updates affecting Live Current Media's role in shaping next-generation creator ecosystems. Return regularly for unfiltered insights into the company's operational milestones and industry engagements.
Live Current Media (OTCQB:LIVC) has secured a $2.5 million convertible debenture with a face value of $2.7 million, aimed at advancing the Kast video streaming platform as per its merger agreement with Evasyst. The debenture features a 4% annual interest rate and a 24-month term, convertible at $0.34 per share. Funds will be disbursed in two tranches, with the first $1.5 million already received. An 8% brokerage fee applies. This investment is expected to enhance Live Current's position in the digital entertainment sector.
Live Current Media (OTCQB:LIVC) has announced a merger with Evasyst Inc. (dba Kast) to enhance its position in the digital entertainment sector. The merger agreement allows until April 30, 2022 for completion, subject to conditions including audited financials for Kast and raising $1.5 million in capital. This strategic merger aims to combine Kast's streaming platform with Live Current's gaming technology, potentially creating synergies in the growing mobile gaming and video streaming markets, as stated by both CEOs.
Live Current Media (OTCQB:LIVC) has extended its non-binding letter of intent to acquire Evasyst Inc. (dba Kast) in an all-stock reverse takeover. The LOI was initially dated September 14, 2021, and has been extended to January 14, 2022, due to positive progress in negotiations. Kast is an online platform that allows users to watch videos and play games together, tapping into the growing streaming and gaming sectors. The acquisition aims to create a global media entertainment company by leveraging synergies between both companies.
Live Current Media (OTCQB:LIVC) has entered a six-month agreement with Think Ink Marketing to enhance public awareness of its products and securities. The deal, which may be terminated with a 30-day notice, includes a budget of $10,000 per month for various marketing services. Think Ink, established in 1991, specializes in digital and direct mail marketing strategies to connect with potential investors. Live Current is currently working on two digital projects in the growing sports and gaming sectors.
Live Current Media (OTCQB:LIVC) announced it has signed a non-binding letter of intent to acquire Evasyst Inc (dba Kast) in an all-stock reverse takeover. The agreement includes conditions such as due diligence and obtaining shareholder approvals, with a definitive agreement expected within 90 days. LIVC plans to issue up to 125 million shares to Kast shareholders and raise $1.5 million in working capital. Kast’s current CEO, Mark Ollila, will replace LIVC's CEO, David Jeffs, post-acquisition. This move aims to enhance growth in the streaming and casual gaming sectors.
Live Current Media (OTCQB:LIVC) has expanded its SPRT MTRX fantasy sports app to include NBA basketball, enabling players to participate in weekly challenges from Monday to Friday. Participants can win cumulative prizes reaching thousands of dollars by correctly predicting the outcomes of three designated games. As there are approximately 50 million fantasy sports players in the U.S., this addition could significantly enhance user engagement and potential revenue for the gaming platform. SPRT MTRX offers a unique, fun, and free-to-play experience with cash prizes monthly.
Live Current Media, Inc. (LIVC) has announced the addition of NFL football to its fantasy sports gaming app, SPRT MTRX. The NFL, being the most popular spectator sport in the U.S., significantly enhances the app's appeal, which now allows players to bid on scores of NFL games every Sunday for a chance to win a $500 cash prize. With around 50 million Americans participating in fantasy sports, this expansion positions Live Current to capitalize on the booming fantasy sports market.
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