{"schema_version":"secwatch.filing_event.v1","accession":"0001102993-24-000092","form_type":"8-K","ticker":"LPSN","cik":"0001102993","company_name":"LIVEPERSON INC","filed_at":"2024-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.295751+00:00","generated_at":"2026-06-01T06:27:41.742684+00:00","sec_items":["1.01","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LivePerson completes $150M debt exchange with Lynrock, issues secured notes and warrants","bullets":["Exchanged $145.957M of 0% 2026 notes for $100M of new First Lien Convertible Notes due 2029 plus $50M in new cash.","Interest rate starts at 10.83% (4.17% cash, 6.66% PIK) and increases to 13% after Dec 2026.","Issued 10-year warrants with $0.75 strike price for ~11% of common stock (8.9% share-settled, 2.1% cash-settled).","Indenture requires minimum cash balance of $60M and prohibits cash dividends on common stock.","Noteholder gets governance rights if owning at least $50M notes or 4.99% of common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001102993-24-000092","json":"https://secwatch.observer/filing/0001102993-24-000092.json","markdown":"https://secwatch.observer/filing/0001102993-24-000092.md","text":"https://secwatch.observer/filing/0001102993-24-000092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1102993/000110299324000092/0001102993-24-000092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1102993/000110299324000092/lpsn-20240603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:27:41.742684+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}