Company: LPSN
Filing Date: 2025-09-17
Form Type: DEF 14A
Source: 0001102993-25-000159
Chunk: 1

Company: LIVEPERSON INC
Filing Date: 2025-09-17
Form: DEF 14A
Chunk 1
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-5 and not greater than 1-for-20, with the exact ratio to be set within that range at the discretion of our Board of Directors, without further approval or authorization of our stockholders, prior to the one-year anniversary of the date on which the reverse stock split is approved by the Company’s stockholders at the Special Meeting and (ii) if and when the reverse stock split is effected, to decrease the number of authorized shares of our common stock in the same ratio as is selected for the reverse stock split (this Proposal No. 1, the “Reverse Stock Split Proposal”); and

• Proposal No. 2 : to approve an amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation, as amended, to increase the number of authorized shares of common stock by a factor of 1.5x, which would result in the conversion of our outstanding Series B Fixed Rate Convertible Perpetual Preferred Stock, par value $0.001 per share (“Series B Preferred Stock”), into 23,217,594 shares of common stock, prior to giving effect to any reverse stock split approved pursuant to the Reverse Stock Split Proposal (this Proposal No. 2, the “Authorized Common Stock Increase Proposal”).

The Noteholders (as defined under “Proposal No 2: Authorized Common Stock Increase Proposal—General”) have each agreed to vote their shares of our common stock and our Series B Preferred Stock in favor of both the Reverse Stock Split Proposal and the Authorized Common Stock Increase Proposal. Further, certain of our executive officers, acting in their respective capacities as individual stockholders, have agreed to vote their shares in favor of both the Reverse Stock Split Proposal and the Authorized Common Stock Increase Proposal. The Noteholders and these executive officers, together, held 54,462,056 shares of our common stock and 26,551 shares of our Series B Preferred Stock (constituting all of the shares of our Series B Preferred Stock), or approximately 42.9% of the total voting power of our capital stock, as of the record date, have agreed to vote their shares in favor of both the Reverse Stock Split Proposal and the Authorized Common Stock Increase Proposal.

When determining the Board’s recommendations on the matters before the Special Meeting, the Board has carefully considered the best interests of all our stockholders.

The Board of Directors recommends a vote on the enclosed proxy card “ FOR ” each of the Company’s proposals listed as Proposals Nos. 1 and 2.

YOUR VOTE IS VERY IMPORTANT.