{"schema_version":"secwatch.filing_event.v1","accession":"0001102993-24-000019","form_type":"8-K","ticker":"LPSN","cik":"0001102993","company_name":"LIVEPERSON INC","filed_at":"2024-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.371405+00:00","generated_at":"2026-06-06T20:28:40.870632+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LivePerson adopts poison pill to protect $400M+ NOLs after stockholder accumulates >10% stake","bullets":["Cumulative NOLs exceed $400M as of Dec 31, 2023; plan aims to preserve these tax assets.","Plan triggered by a stockholder accumulating >10% of common stock, increasing risk of Section 382 ownership change.","One right dividend per share; restricts beneficial ownership to <4.9% without board approval.","Rights expire Jan 21, 2027, or earlier if not ratified at 2024 annual meeting (then Jan 21, 2025).","Existing holders >4.9% grandfathered but cannot acquire additional shares without board approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001102993-24-000019","json":"https://secwatch.observer/filing/0001102993-24-000019.json","markdown":"https://secwatch.observer/filing/0001102993-24-000019.md","text":"https://secwatch.observer/filing/0001102993-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102993/000110299324000019/0001102993-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102993/000110299324000019/lpsn-20240122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:28:40.870632+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d202f61462f9b8f2662af9b87766c3fd2b5ace12","claim":"LIVEPERSON INC: Filed Certificate of Designations for Series A Junior Participating Preferred Stock in connection with Tax Benefits Preservation Plan (effective 2024-01-22).","evidence_excerpt":"In connection with the adoption of the Tax Benefits Preservation Plan described in Item 3.03 of this Current Report, the Board approved a Certificate of Designations of Series A Junior Participating Preferred Stock, which designates the rights, preferences and privileges of 200,000 shares of a series of the Company's preferred stock, par value $0.001 per share, designated as Series A Junior Participating Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1102993/000110299324000019/0001102993-24-000019-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-01-22"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}