LivePerson Inc. Reports Debt Transaction and Equity Sales
Ticker: LPSN · Form: 8-K · Filed: Dec 6, 2024 · CIK: 1102993
| Field | Detail |
|---|---|
| Company | Liveperson Inc (LPSN) |
| Form Type | 8-K |
| Filed Date | Dec 6, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $50,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-transaction, equity-sale
Related Tickers: LPSN
TL;DR
LPSN took on new debt and sold stock on Dec 4th.
AI Summary
On December 4, 2024, LivePerson, Inc. entered into a debt transaction, creating a direct financial obligation. The company also reported unregistered sales of equity securities on the same date. Specific details regarding the dollar amounts and terms of these transactions were not fully disclosed in this initial filing.
Why It Matters
This filing indicates LivePerson is engaging in new debt obligations and issuing equity, which could impact its financial structure and shareholder dilution.
Risk Assessment
Risk Level: medium — The filing involves financial obligations and equity sales, which carry inherent financial risks for the company and its investors.
Key Players & Entities
- LivePerson, Inc. (company) — Registrant
- December 4, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 530 7th Ave, Floor M1 New York , New York 10018 (address) — Principal executive offices
- 2126094200 (phone_number) — Registrant's telephone number
FAQ
What type of debt obligation did LivePerson, Inc. enter into on December 4, 2024?
The filing indicates the creation of a direct financial obligation, but the specific terms and nature of the debt were not detailed in this report.
What was the purpose of the unregistered sales of equity securities by LivePerson, Inc. on December 4, 2024?
The filing states that unregistered sales of equity securities occurred, but the purpose or details of these sales were not provided.
What is LivePerson, Inc.'s principal executive office address?
LivePerson, Inc.'s principal executive offices are located at 530 7th Ave, Floor M1, New York, New York 10018.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 4, 2024.
What is LivePerson, Inc.'s telephone number?
LivePerson, Inc.'s telephone number is (212) 609-4200.
Filing Stats: 735 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-12-06 16:58:36
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share LPSN The Nasdaq Stock Market
- $50,000,000 — which Lynrock agreed to purchase up to $50,000,000 in aggregate principal amount of the Co
Filing Documents
- lpsn-20241204.htm (8-K) — 26KB
- 0001102993-24-000207.txt ( ) — 180KB
- lpsn-20241204.xsd (EX-101.SCH) — 2KB
- lpsn-20241204_def.xml (EX-101.DEF) — 7KB
- lpsn-20241204_lab.xml (EX-101.LAB) — 28KB
- lpsn-20241204_pre.xml (EX-101.PRE) — 16KB
- lpsn-20241204_htm.xml (XML) — 4KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. The 2029 Notes have been sold to Lynrock in a private placement in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), provided by Section 4(a)(2) of the Securities Act. The Company is relying on this exemption from registration based in part on representations made by Lynrock in the Exchange and Purchase Agreement. The information related to the issuance of the 2029 Notes contained in Item 2.03 of this Current Report on Form 8-K is incorporated by reference. SIGNATURE 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. Date: December 6, 2024 LIVEPERSON, INC. (Registrant) By: /s/ Monica L. Greenberg Monica L. Greenberg Executive Vice President, Policy and General Counsel