---
schema_version: "secwatch.filing_event.v1"
accession: "0001102993-25-000154"
form_type: "8-K"
ticker: "LPSN"
cik: "0001102993"
company_name: "LIVEPERSON INC"
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:36:00.226623+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LivePerson closes $341.1M debt-to-equity refinancing; CAO departs; targets cash flow positive in 2026

## Summary
- Exchanged $341.1M of 2026 convertible notes for $45M cash, $115M new 10% secured notes due 2029, 53.3M common shares, and 26,551 Series B preferred shares.
- Net deleverage of ~$226M; $181M debt discount captured directly accretive to equity holders.
- Series B preferred carries 15% dividend, convertible into ~874.5 common shares per share subject to Oct 2, 2025 charter amendment vote.
- CAO Jeffrey Ford to depart after Q3 2025; CFO John Collins will assume principal accounting officer duties.

## SEC filing metadata
- accession: 0001102993-25-000154
- form_type: 8-K
- ticker: LPSN
- cik: 0001102993
- company_name: LIVEPERSON INC
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102993/000110299325000154/0001102993-25-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102993/000110299325000154/lpsn-20250910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001102993-25-000154
- JSON: https://secwatch.observer/filing/0001102993-25-000154.json
- Plain text: https://secwatch.observer/filing/0001102993-25-000154.txt

## Key facts
- Debt Financings
  LIVEPERSON INC incurred senior notes of $115.0 million with U.S. Bank Trust Company, National Association, as trustee at 10.0% per annum maturing December 15, 2029.
  - Instrument: senior notes
  - Principal: $115.0 million
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Rate: 10.0% per annum
  - Maturity: December 15, 2029
  - Event: incurrence
  source text: $115.0 million in aggregate principal amount of the Company’s 10.0% Second Lien Senior Subordinated Secured Notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1102993/000110299325000154/0001102993-25-000154-index.htm

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