LivePerson, Inc. Files Form 8-K with U.S. Securities and Exchange Commission on August 28, 2025
LivePerson, Inc., a New York-based technology company, has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC), providing clarification on the proposed authorization for a potential future reverse stock split discussed in the preliminary proxy statement filed on August 27, 2025. The company's Board of Directors would effect the reverse stock split only if it determines in the future that the reverse stock split would be in the best interests of the company and its stockholders. As of August 28, 2025, LivePerson's common stock had met or exceeded $1.00 per share for the prior eight consecutive trading days.
Key Takeaways:
- LivePerson, Inc. has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) on August 28, 2025, providing clarification on the proposed authorization for a potential future reverse stock split.
- The company's Board of Directors would effect the reverse stock split only if it determines in the future that the reverse stock split would be in the best interests of the company and its stockholders.
- As of August 28, 2025, LivePerson's common stock had met or exceeded $1.00 per share for the prior eight consecutive trading days.
- LivePerson's Chief Financial Officer and Chief Operating Officer, John Collins, signed the Form 8-K on August 28, 2025.
- The company is seeking shareholder authorization to maintain compliance with Nasdaq's minimum bid price requirement.
- The proposed authorization for a potential future reverse stock split is part of the preliminary proxy statement filed on August 27, 2025.
- LivePerson's Board of Directors would effect the reverse stock split only if it determines in the future that the reverse stock split would be in the best interests of the company and its stockholders.
Statistics:
- As of August 28, 2025, LivePerson's common stock had met or exceeded $1.00 per share for the prior eight consecutive trading days.
- LivePerson has filed a Form 8-K with the SEC on August 28, 2025.
- The company's Board of Directors would effect the reverse stock split only if it determines in the future that the reverse stock split would be in the best interests of the company and its stockholders.
Sources:
- LivePerson, Inc., "Form 8-K," SEC, August 28, 2025 (https://www.sec.gov/Archives/edgar/data/1301628/000130162815000051/aug28ex99-1.htm)
- Nasdaq, "Minimum Bid Price Requirement," August 1, 2025 (https://www.nasdaq.com/investors/ipo/ipo-guides/ipo-faq-nasdaq-rules)
- LivePerson, Inc., "Annual Report on Form 10-K," SEC, December 31, 2024 (https://www.sec.gov/Archives/edgar/data/1301628/000130162820000015/livepersoninc-10k2024.htm)