Live Ventures Incorporated acquired Flooring Liquidators, Inc. for $84 million on January 18, 2023. The transaction, valued at approximately $84 million, was financed through a combination of cash, debt, including a $5 million note from Isaac Capital Group, and the issuance of 116,441 shares of our common stock, representing a 3.78% dilution of Live Ventures? fully diluted common stock. As part of the transaction, Live Ventures also acquired Floorable, LLC, the company?s franchise opportunity utilizing proprietary in-home shopping mobile showrooms and an established back-office support system along with K2L Leasing, LLC and SJ &K Equipment, Inc. As part of the acquisition, Live Ventures will retain Flooring Liquidators? existing management team and all 625 employees and contractors.

Live Ventures Incorporated completed the acquisition of Flooring Liquidators, Inc. for $95.4 million January 18, 2023. Live Ventures also acquired $7.9 million of cash and assumed $16.7 million of liabilities of Flooring Liquidators.