---
schema_version: "secwatch.filing_event.v1"
accession: "0001102993-23-000056"
form_type: "8-K"
ticker: "LPSN"
cik: "0001102993"
company_name: "LIVEPERSON INC"
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T20:34:17.404667+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LivePerson amends WildHealth earnout; pays $12M cash, eliminates up to $120M stock earnout

## Summary
- LivePerson and WildHealth sellers amended merger agreement; earnout terms replaced with $12M cash payment (paid May 31, 2023) and contingent sale payment up to $23M.
- Previously, earnout was up to $120M in stock over 3-year performance period; now fully satisfied.
- $12M lump sum recorded in Q2 2023; preexisting $40.2M stock accrual eliminated.
- In event of future sale of WildHealth by May 2033, sellers get 30% of equity value, capped at $23M.

## SEC filing metadata
- accession: 0001102993-23-000056
- form_type: 8-K
- ticker: LPSN
- cik: 0001102993
- company_name: LIVEPERSON INC
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102993/000110299323000056/0001102993-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102993/000110299323000056/lpsn-20230530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102993-23-000056
- JSON: https://secwatch.observer/filing/0001102993-23-000056.json
- Plain text: https://secwatch.observer/filing/0001102993-23-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.