Dilution profile // every instrument, one screen, from SEC filings

LIVEPERSON INC (LPSN)

CIK 1102993 · all EDGAR filings →

Overall dilution risk
HIGHworst of 4 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
Offering ability
HIGHS-3ASR on file 2021-11-16
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
LOWwarrants = 9% of O/S
= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)
warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this
Historical dilution
LOW-85% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
Cash need
LOW~38.1 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2020-11-042026-05-01

Latest: 12.2M shares as of May 1, 2026 (10-Q). Share count fell from 96.6M to 12.3M between Aug 1, 2025 and Aug 3, 2025, a pattern consistent with a reverse split (roughly 1-for-8); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

Self-funding

generates cash

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Cash Settled Warrants156,318not tagged10y
Share Settled Warrantsnot taggednot tagged10y

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 7, 2026. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 1.1M underlying shares, as reported Jun 30, 2026 (10-Q).

Reported exercise price: $6.92 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $0 as of Jun 30, 2026.

Rough fully diluted estimate: 13.2M = 12.2M O/S + 1.1M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

NotePrincipalCarryingConv. priceRateIf converted
Convertible Senior Notes Due 2029$229.6M$201.7Mnot tagged10.83%-13%~203.5M sh
Second Lien Notes$182.0Mnot tagged
Convertible Senior Notes Due 2026$15.0M$14.9M$1128.39~13,293 sh

If every note above converted at its tagged price: ~203.5M new shares on 12.2M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.

Notes exactly as the company dimensioned them in its 10-Q filed Aug 7, 2026. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding12.2MMay 1, 2026
+ Cash Settled Warrants (if exercised)156,318Jun 3, 2024
+ Convertible Senior Notes Due 2029 (if fully converted)203.5MJun 30, 2026
+ Convertible Senior Notes Due 2026 (if fully converted)13,293Jun 30, 2026
Fully diluted estimate215.9M+1672.8% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Last 12 months: 1 executed · 0 registered.

EXECUTEDSep 15, 2025Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDAug 11, 2025Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDDec 6, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDJun 4, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDMay 13, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDDec 6, 2023Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDNov 17, 2023Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDFeb 11, 2022Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDNov 16, 2021Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDNov 16, 2021Automatic shelf registration — effective immediately (large filers)S-3ASR
EXECUTEDDec 7, 2020Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDMar 14, 2019Unregistered share sale disclosed (8-K item 3.02)8-K

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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