secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001102993-24-000207
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson completes $50M delayed draw note sale to Lynrock Lake
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- Issued $50M aggregate principal of First Lien Convertible Senior Notes due 2029 to Lynrock Lake Master Fund LP.
- Sale consummated on Dec 4, 2024 under previously disclosed delayed draw commitment.
- Notes are unregistered, sold in private placement under Section 4(a)(2) of Securities Act.
- Indenture dated June 3, 2024 governs the notes; proceeds not specified.
- Workforce reduced to 3 part-time employees as part of restructuring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000110299324000207/0001102993-24-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000110299324000207/lpsn-20241204.htm
  HTML page:      https://secwatch.observer/filing/0001102993-24-000207

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