Company: LPSN
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001102993-25-000018
Chunk: 86

Company: LIVEPERSON INC
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1A
Chunk 86
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 In addition, we do not make any representation that the option counterparties or their respective affiliates will engage in these transactions or that these transactions, once commenced, will not be discontinued without notice.

Risks Related to our Common Stock

Our stock price has been, and may continue to be, highly volatile, which could reduce the value of your investment and subject us to litigation. 

The price of our common stock has fluctuated significantly in the past and may continue to be highly volatile, with extreme price and volume fluctuations. Our trading price could fluctuate substantially in the future, including in response to the following factors, some of which are beyond our control: 

•quarterly variations in our operating results or those of our competitors; 

•earnings announcements that are not in line with analyst expectations; 

•changes in recommendations or financial estimates by securities analysts; 

•announcements or rumors about mergers or strategic acquisitions by us or by our competitors; 

•announcements about customer additions and cancellations or failure to complete significant sales; 

•changes in market valuations of companies that investors believe are comparable to us; 

•additions or departures of key personnel; 

•consequences of unexpected geopolitical events, natural disasters, acts of war or climate change;

•pandemics, epidemics or similar widespread public health concerns; and 

•general economic, political and market conditions, such as recessions, political unrest or terrorist attacks, or in the specific locations where we operate, such as the United States, Israel and the U.K. 

In addition, extreme price and volume fluctuations in the stock markets generally, and in the markets for technology companies in particular, could cause the market price for our common stock to decline. As a result of such volatility in the market price of our common stock, we have been the subject of securities class action litigation and may in the future be the target of similar litigation, which could result in substantial costs and distract management’s attention and resources. 

If our common stock continues to trade below $1.00, we may fail to meet the continued listing requirements of The Nasdaq Stock Market LLC (“Nasdaq”), which could result in a delisting of our common stock. 

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Our common stock currently is listed on The Nasdaq Global Select Market. We are required to meet specified financial requirements in order to maintain such listing, including a closing bid price of at least $1.00. If the closing bid price of our common stock is less than $1.00 for 30 consecutive