Jeff Cotton

And ultimately what happened is one of those OEM partners said, Hey,

We really would like to have a conversation because we believe we need to own this technology.

And we said, that's great.

We've actually just taken on debt.

Funny enough, I did not want to take on any more dilution.

So we had gone and done a debt round to basically just continue to fund some working capital.

And that we were going for it.

We were not for sale.

But, you know, look, we have a pragmatic board.

We absolutely would listen to, you know, an offer if someone wanted to surface with that.

So ultimately, LivePerson did.

As a result of these OEM agreements, we did offer notification rights.

We did not give rofers.

You obviously never want to give a right of first refusal.

And we had everyone demand it and ask for it.

And in every case, except for one, actually, we did not successfully get one OEM agreement done because of not granting a ROFR.

But we did grant notification rights, which, you know, is only to your benefit.

Because in the end, what happened is once you had an offer on the table, we serve those notification rights, which then triggered a competitive process.

And so that worked very much in our favor.

So live person service with the first offer, it triggered that competitive process.