Liveperson adopts tax benefits preservation plan to protect valuable tax assets

Preserving long-term stockholder value by adopting a rights plan intended to protect tax assets effective immediately, to be submitted for stockholder ratification at 2024 annual meeting new york , jan. 22, 2024 /prnewswire/ -- liveperson, inc. ("liveperson" or the "company") (nasdaq: lpsn), the global leader in enterprise conversations, today announced that its board of directors (the "board") has unanimously adopted a tax benefits preservation plan (the "nol plan") designed to help preserve the full availability of the company's net operating loss carryforwards ("nols"). as of december 31, 2023, the company estimates that its cumulative nols exceed $400 million.
LPSN Ratings Summary
LPSN Quant Ranking