regulatory
confidence high
sentiment neutral
materiality 0.50
LivePerson clarifies reverse split proposal for Nasdaq compliance; stock above $1 for 8 days
LIVEPERSON INC
- Proposal seeks shareholder authorization for potential reverse stock split to address Nasdaq bid price deficiency notice received May 1, 2025.
- As of Aug 28, closing bid price has met/exceeded $1 for prior eight trading days, possibly reducing need for split.
- Board would only effect reverse split if later determined to be in best interests of LivePerson and stockholders.
- Clarification issued in response to investor questions about preliminary proxy statement filed Aug 27, 2025.