Exhibit 99.3
This supplement (“Supplement”) is for informational purposes only to assist interested parties in making their own evaluation with respect to the proposed business combination (the “Business Combination”) between Crescent Acquisition Corporation (“Crescent”) and LiveVox Holdings, Inc. (“LiveVox” or the “Company”). The information contained herein does not purport to be all-inclusive and none of Crescent, the Company nor any of their respective affiliates nor any of its or their control persons, officers, directors, employees or representatives makes any representation or warranty, express or implied, as to the accuracy, completeness or reliability of the information contained in this Supplement. You should consult your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this Supplement, you confirm that you are not relying upon the information contained herein to make any decision. The reader shall not rely upon any statement, representation or warranty made by any other person, firm or corporation in making its investment or decision to invest in the Company. None of Crescent, the Company, nor any of their respective affiliates nor any of its or their control persons, officers, directors, employees or representatives, shall be liable to the reader for any information set forth herein or any action taken or not taken by any reader, including any investment in shares of Crescent or the Company.
The financial information and data contained in this Supplement is either audited in accordance with private company auditing standards or is unaudited and, in each case, does not conform to Regulation S-X or Public Company Accounting Oversight Board (“PCAOB”) standards. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in any proxy statement/prospectus to be filed with the Securities and Exchange Commission (“SEC”). In particular, this Supplement includes estimates of certain financial metrics of LiveVox had they been prepared in accordance with PCAOB standards and are based on LiveVox’s historical financials that have been prepared in accordance with private company auditing standards. LiveVox actual financial metrics when prepared and audited in accordance with PCAOB standards may differ from the financial metrics included in this Supplement, including with respect to revenue recognition and amortization of goodwill.
Additional Information about the Transaction and Where to Find It
This communication relates to the Business Combination between Crescent and the Company and may be deemed to be solicitation material in respect of the Business Combination. The Business Combination will be submitted to the stockholders of Crescent for their approval. In connection with Crescent’s stockholder vote on the Business Combination, Crescent will file a proxy statement/prospectus with the SEC. This communication is not a substitute for the proxy statement/prospectus that Crescent will file with the SEC or any other documents that Crescent may file with the SEC or send to its stockholders in connection with the Business Combination. When completed, Crescent will mail a definitive proxy statement to its stockholders in connection with Crescent’s solicitation of proxies for the special meeting of Crescent’s stockholders to be held to approve the Business Combination. This communication does not contain all the information that should be considered concerning the Business Combination, including relevant risk factors that may be included in the preliminary or definitive proxy statement/prospectus. It is not intended to provide the basis for any investment decision or any other decision in respect to the Business Combination. Crescent’s stockholders and other interested persons are urged to read Crescent’s proxy statement/prospectus, when available and any other relevant documents that are filed or furnished or will be filed or will be furnished with the SEC, as well as any amendments or supplements to these documents, carefully and in their entirety before making any voting or investment decision with respect to the Business Combination, as these materials will contain important information about Crescent, related matters and the parties to Crescent. A copy of the definitive proxy statement/prospectus will be sent when available to all stockholders of record of Crescent seeking the required stockholder approvals. Investors and stockholders can obtain free copies of the proxy statement/prospectus, when available and other documents filed with the SEC by Crescent through the web site maintained by the SEC at www.sec.gov. In addition, investors and stockholders can obtain free copies of the proxy statement, when available from Crescent by accessing the Crescent’s website at https://www.crescentspac.com.
No Offer or Solicitation
This communication is for informational purposes only and is neither an offer to sell or purchase, nor the solicitation of an offer to buy or sell any securities, nor is it a solicitation of any vote, consent, or approval in any jurisdiction pursuant to or in connection with the Business Combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.