Bruce Hansen
On January 14, 2025, Mr. Bruce Hansen gave notice of his intention to resign from the Board of Directors (the “Board”) of LivePerson, Inc. (the “Company”), effective January 31, 2025.
Highest-materiality recent filing
Merger consideration: each LPSN share converted into a formula-driven number of SoundHound shares; SoundHound stock price collared at $7-$12.
LivePerson Q4 revenue $59.3M beats guidance; net loss narrows to $46.1M from $112.1M YoY
Total revenue $59.3M, down 19% YoY, but above high end of guidance.
LivePerson Q3 revenue $60.2M, down 19% YoY; net income $8.7M on debt restructuring gain
Revenue $60.2M, down 19% YoY; above high end of guidance.
LivePerson to effect 1-for-15 reverse stock split on Oct 13, 2025
Reverse stock split ratio of 1-for-15 effective before market open on October 13, 2025.
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.
LivePerson reports Q2 revenue $59.6M, net loss $15.7M, debt refinancing cuts $226M
Total revenue $59.6M, down 25.4% YoY, at high-end of guidance; adjusted EBITDA $2.9M above high-end.
Exchange of $341.1M of 0% convertible notes with $45M cash, $115M of 10% secured notes due Dec 2029, and common/preferred equity totaling 39% of fully diluted shares.
LivePerson Q1 revenue $64.7M (-24% YoY), net loss narrows to $14.1M, beats guidance
Revenue $64.7M, down 24% YoY, but above midpoint of guidance range.
LivePerson receives Nasdaq notice for bid price below $1.00; 180 days to regain compliance
Nasdaq notified LivePerson on May 1, 2025 that closing bid price was below $1.00 for 30 consecutive business days.
LivePerson Q4 revenue $73.2M, down 23.3% YoY; net loss widens to $112.1M
Total revenue $73.2M, above high-end of guidance; down 23.3% YoY on customer cancellations and downsells.
LivePerson CPTO Alex Kroman to depart Dec 31, 2024; external successor search
Chief Product & Technology Officer Alex Kroman leaving effective December 31, 2024.
LivePerson Q3 revenue $74.2M (down 27% YoY), net loss $28.3M; guidance beat
Total revenue $74.2M, down 26.7% YoY; above high-end of guidance.
Cooperates with Vector Capital (~12% owner): standstill, voting commitments, board refreshment.
LivePerson Q2 revenue $79.9M (-18% YoY), net income $41.8M; beats guidance
Total revenue $79.9M, down 18.1% YoY; at high-end of guidance range.
LivePerson completes $150M debt exchange with Lynrock, issues secured notes and warrants
Exchanged $145.957M of 0% 2026 notes for $100M of new First Lien Convertible Notes due 2029 plus $50M in new cash.
LivePerson receives Nasdaq delisting notice for bid price below $1.00
Nasdaq notified LivePerson on May 10, 2024 that its stock closed below $1.00 for 30 consecutive business days.
Exchange of $145.96M 2026 convertible notes for $100M new 2029 senior secured notes reduces debt by ~$46M.
LivePerson Q1 revenue $85.1M, down 21% YoY; net loss widens to $35.6M
Total revenue of $85.1M, above high-end of guidance, down 20.9% YoY due to churn and exited lines.
On January 14, 2025, Mr. Bruce Hansen gave notice of his intention to resign from the Board of Directors (the “Board”) of LivePerson, Inc. (the “Company”), effective January 31, 2025.
Mr. James Miller, a current director and Chair of the Board’s Nominating and Corporate Governance Committee, will become the Chair of the Board.
On November 27, 2024, LivePerson, Inc. (the “Company”) announced that its Chief Product & Technology Officer, Alex Kroman, has decided to depart from the Company, effective December 31, 2024.
On October 23, 2024, Yael Zheng informed the Board of her intent to voluntarily resign from her positions as a director of the Company and member of the Board’s Audit Committee and Compensation Committees, effective as of the date of the 2024 Annual Meeting.
Max materiality 0.90 · Median 0.60 · Most common event earnings