Liveperson INC DEF 14A proxy statements

LivePerson, Inc. is calling a Special Meeting to vote on a reverse stock split to regain Nasdaq compliance and an increase in authorized common stock to convert Series B Preferred Stock, stemming from a recent debt exchange.

LivePerson, Inc. successfully closed a strategic refinancing, exchanging $341.1 million in 2026 convertible notes for cash, new secured notes, common stock, and preferred stock, significantly deleveraging its balance sheet and extending debt maturities.

LivePerson exchanges $341.1 million of 2026 convertible notes for cash, new secured notes, and equity, significantly deleveraging its balance sheet and extending its debt maturity profile.

LivePerson is asking stockholders to approve an amendment to its 2019 Stock Incentive Plan to increase the number of shares available for issuance and clarify dividend policies.

LivePerson has extended the voting deadline for stockholders holding shares through the Tel Aviv Stock Exchange (TASE) to November 24, 2024, to allow them more time to vote.

LivePerson's 2024 Annual Meeting of Stockholders was adjourned due to a lack of quorum and will reconvene on November 25, 2024, with an extended voting deadline for stockholders.

LivePerson will reconvene its Annual Meeting of Stockholders on November 25, 2024, after it was initially adjourned due to a lack of quorum.

LivePerson has amended its proxy statement for the upcoming Annual Meeting of Stockholders on November 4, 2024, due to Ikon LP withdrawing its director nominees.

LivePerson's Board urges stockholders to vote for its director nominees amidst a proxy contest initiated by Ikon LP, while also seeking approval for key corporate governance proposals.

LivePerson and Vector Capital Management, its largest shareholder, have entered into a cooperation agreement to refresh the board of directors and enhance shareholder value.

LivePerson assures stakeholders that it's business as usual despite the former CEO's nomination of directors for the upcoming Annual Meeting.