SCHEDULE: Vector Capital Boosts LivePerson Stake to 9.29%

Vector Capital and its affiliates have increased their beneficial ownership in LivePerson, Inc. to 9.29% of outstanding common stock.

Summary

• Vector Capital VI, L.P., Vector Capital Management, L.P., Vector Capital, L.L.C., and Alexander R. Slusky collectively reported beneficial ownership of 8,984,277 shares of LivePerson, Inc. Common Stock.
• This ownership represents 9.29% of LivePerson's outstanding common stock.
• The percentage is based on 96,624,957 shares of LivePerson Common Stock issued and outstanding as of August 1, 2025, as reported in the Issuer's Form 10-Q for the quarterly period ended June 30, 2025.
• All reported transactions by the reporting persons in the past sixty days were carried out in open market transactions.

Sentiment

Score: 7

Explanation: The filing indicates a significant increase in beneficial ownership by a reputable investment firm, Vector Capital, to 9.29%. While purely a disclosure of ownership, such a substantial stake by a professional investor is generally perceived as a positive signal of confidence in the company's value or future prospects, potentially attracting further investor interest.

Positives

• A significant stake of 9.29% acquired by Vector Capital, a prominent investment firm, may signal confidence in LivePerson's future prospects.
• The acquisition was conducted through open market transactions, indicating direct market purchases.

Future Outlook

NA

Industry Context

This filing indicates a significant investment by a private equity firm in a publicly traded technology company, a common occurrence in the market where investment firms seek to gain influence or capitalize on perceived undervaluation. It does not provide broader industry trends but highlights a specific investment thesis by Vector Capital in the conversational AI and customer engagement sector where LivePerson operates.

Stakeholder Impact

• Shareholders: The increased stake by Vector Capital could be viewed positively, potentially signaling a vote of confidence in the company's valuation or strategic direction, which might influence share price.
• Management: A large institutional holder like Vector Capital may seek to engage with management regarding strategic decisions, corporate governance, or operational improvements.

Key Dates

Keywords

LivePerson, Vector Capital, Beneficial Ownership, Schedule 13D, Common Stock, Investment Firm, LP, Shareholding