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Lightspeed Commerce (NYSE: LSPD) taps new CTO and unveils AI product upgrades

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Lightspeed Commerce Inc. filed an update confirming its upcoming Annual and Special Meeting of Security Holders and a key leadership change. The meeting is set for July 30, 2026, with a record date of June 1, 2026 for notice and voting, for holders of subordinate voting shares.

The company appointed Bhawna Singh as Chief Technology Officer to help drive its AI roadmap and platform integration across retail and hospitality. Lightspeed also highlighted new AI-driven features, wholesale integrations, and enhanced payments and ordering tools designed to streamline merchant operations and improve customer experiences.

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Meeting date July 30, 2026 Annual and Special Meeting of Security Holders
Record date for notice June 1, 2026 Determines shareholders entitled to receive meeting notice
Record date for voting June 1, 2026 Determines shareholders entitled to vote at the meeting
Beneficial ownership determination date June 1, 2026 Used for beneficial ownership status for the meeting
Security class eligible Subordinate voting shares Entitled to receive notice and vote at the meeting
subordinate voting shares financial
"Classes or Series of Securities that entitle SUBORDINATE VOTING SHARES the holder to vote at the meeting"
Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.
Notice-and-Access regulatory
"Notice-and-Access: Registered Shareholders: YES Beneficial Holders: YES"
A notice-and-access delivery model sends shareholders a short notice telling them where to find full proxy materials and other corporate documents online instead of receiving bulky paper copies by mail. For investors it matters because it speeds delivery and cuts costs for companies, but also shifts responsibility onto shareholders to retrieve and read the materials before voting or making decisions—like getting a postcard with a link to the full report rather than the report itself.
Beneficial Ownership Determination Date regulatory
"Beneficial Ownership Determination Date: June 1, 2026"
optical character recognition technical
"A new AI-powered Optical Character Recognition tool automates product data entry"
Optical character recognition (OCR) is software that reads printed or handwritten text in images or scanned documents and turns those letter shapes into editable, searchable digital text. Investors care because OCR lets companies extract financial data, contracts, invoices and regulatory filings quickly and with fewer errors, cutting manual work and speeding analysis. Think of it as converting a filing cabinet into a searchable spreadsheet so decisions and audits happen faster and cheaper.
forward-looking statements regulatory
"This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month ofMay 2026
Commission File Number001-39498  

LIGHTSPEED COMMERCE INC.
(Translation of registrant's name into English)
700 Saint-Antoine Street East, Suite 300
Montréal, Québec, Canada
H2Y 1A6
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F
 
Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):           

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):           





DOCUMENTS INCLUDED AS PART OF THIS REPORT



Exhibit 
  
99.1
    
Lightspeed Notice of Meeting and Record Date
99.2

Lightspeed Commerce Appoints Bhawna Singh as Chief Technology Officer; Ships Wave of AI, Payments and Wholesale Innovations




2


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Lightspeed Commerce Inc.
(Registrant)
May 7, 2026 
 By:
 /s/ Dan Micak
Name: Dan Micak
Title:
 Chief Legal Officer


3
VIA ELECTRONIC TRANSMISSION TO ALL APPLICABLE EXCHANGES AND COMMISSIONS: RE: LIGHTSPEED COMMERCE INC. Confirmation of Notice of Record and Meeting Dates We are pleased to confirm that the Notice of Record and Meeting Dates was sent to The Canadian Depository for Securities. 1 ISIN: CA53229C1077 CUSIP: 53229C107 2 Date Fixed for the Meeting: July 30, 2026 3 Record Date for Notice: June 1, 2026 4 Record Date for Voting: June 1, 2026 5 Beneficial Ownership Determination Date: June 1, 2026 6 Classes or Series of Securities that entitle SUBORDINATE VOTING SHARES the holder to receive Notice of the Meeting: 7 Classes or Series of Securities that entitle SUBORDINATE VOTING SHARES the holder to vote at the meeting: 8 Business to be conducted at the meeting: Annual and Special 9 Notice-and-Access: Registered Shareholders: YES Beneficial Holders: YES Stratification Level: Not Applicable 10 Reporting issuer is sending proxy-related materials directly to Non-Objecting Beneficial Owners: NO 11 Issuer paying for delivery to Objecting Beneficial Owners: YES Yours truly, TSX Trust Company May 7, 2026 We advise the following with respect to the upcoming Annual and Special Meeting of Security Holders for the subject issuer: TSX TRUST COMPANY VANCOUVER 733 Seymour Street, Suite #2310 Vancouver, BC V6B 0S6 T 604 689-3334 CALGARY Telus Sky Building 2110, 685 Centre Street SW Calgary Alberta T2G 1S5 T 403 218-2800 TORONTO 301 - 100 Adelaide Street West Toronto ON M5H 4H1 Toll Free 1-866-600-5869 T 416 361-0930 MONTRÉAL 1701 - 1190, avenue des Canadiens-de-Montréal, C. P. 37 Montréal (Québec) H3B 0G7 T 514 395-5964


 

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Lightspeed Commerce Appoints Bhawna Singh as Chief Technology Officer; Ships Wave of AI, Payments and Wholesale Innovations
Seasoned engineering leader joins as Lightspeed accelerates AI roadmap and delivers new capabilities across retail and hospitality
MONTREAL, MAY 7, 2026 /PRNewswire/Lightspeed Commerce Inc. (NYSE | TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail, golf and hospitality businesses in over 100 countries, today announced the appointment of Bhawna Singh as Chief Technology Officer, alongside a new wave of product innovations designed to help merchants streamline operations, drive revenue growth and deliver more seamless customer experiences across channels.
The announcements come as retailers and hospitality operators face mounting pressure to operate more efficiently while delivering differentiated customer experiences. Rising costs, labor shortages and increasingly complex sales channels are requiring businesses to rethink how they manage inventory, payments, ordering and customer interactions. Lightspeed's latest investments in technical leadership and product capability reflect the Company's continued commitment to giving merchants the tools they need to operate smarter and grow faster.
Bhawna Singh Appointed Chief Technology Officer
Bhawna Singh is a technology executive with more than 25 years of experience leading platform transformation and global engineering organizations across enterprise SaaS and consumer businesses. She is recognized for aligning technology investment with growth, modernizing complex systems, and driving secure, scalable innovation in high-growth environments. Most recently, as Chief Technology Officer at Okta, she led the technology strategy for a global customer identity platform powering billions of secure authentications, while advancing AI adoption and security-first architecture. Prior to that, she served as CTO at Glassdoor, where she led global engineering, accelerated international expansion, and delivered data-driven product innovation. She also serves on several boards as a member and advisor, contributing to AI governance, cybersecurity, and product strategy discussions.
Singh's appointment deepens Lightspeed's technical leadership, alongside John Shapiro as Chief Product Officer, as the Company accelerates its AI roadmap. Lightspeed recently launched Lightspeed AI, introducing conversational assistants within Lightspeed Retail and Lightspeed Restaurant that help merchants get answers quickly and make smarter decisions. Singh will play a central role in shaping the platform's next chapter, driving the technical depth and execution speed required to deliver on that roadmap at scale.
“Merchants today are navigating extraordinary complexity and the technology they rely on has to work harder, scale faster, and deliver measurable outcomes,” said Bhawna Singh, Chief Technology Officer at Lightspeed. “What drew me to Lightspeed is the opportunity to build a


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platform that truly integrates every dimension of a commerce business; from the point of sale, to payments, inventory, and beyond. I'm here to make sure Lightspeed's technology leads the way.”
“Bhawna is exactly the kind of technology leader Lightspeed needs at this stage of our journey,” said Dax Dasilva, Founder and Chief Executive Officer at Lightspeed. “She has a rare combination of deep engineering expertise and the strategic instinct to move fast, and that's critical as we accelerate our AI roadmap and deepen the integration across our platform.”
New Product Innovations Across Retail and Hospitality
Complementing Singh's appointment, Lightspeed shipped new capabilities across Lightspeed Retail and Lightspeed Restaurant, combining AI-powered automation, deeper ecosystem integrations, and enhanced payment and ordering capabilities within its unified platforms.
Retail
Faire Integration: Retailers can now connect directly to Faire's global wholesale marketplace within Lightspeed Retail, with product information including images, descriptions, variants and cost data, syncing automatically to reduce manual entry and accelerate time-to-floor.
AI-Powered OCR Inventory Entry: A new AI-powered Optical Character Recognition tool automates product data entry, helping merchants onboard new inventory, reduce stock discrepancies and improve accuracy.
AI-Driven Brand Recommendations in Marketplace: Lightspeed now surfaces personalized brand suggestions within Marketplace based on a retail buyer's wholesale order history and existing connections, expanding discovery and opening new revenue opportunities for brands.
Lightspeed Scanner Enhancements: Updated product lookup gives sales staff real-time access to promotions, alternative product recommendations and item sales history at the point of interaction, while a new Mobile Promotions Helper feature prompts associates at checkout to surface relevant offers and increase basket size.
Hospitality
AI Menu Import: A new AI-powered tool allows restaurants to easily digitize menus using a photo of a printed menu, online document, or even sketch notes. Lightspeed’s AI automatically extracts menu items, combos, modifiers, assigns button colors, button names, accounting groups and statistic tags. This automation significantly reduces the time required to digitize menus while minimizing manual data entry.
Order Anywhere Promotions: A new promotion engine within Order Anywhere launches with buy-one-get-one-free functionality, enabling restaurants to create time-limited offers without manual workarounds to drive order volume and repeat visits.


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Redesigned POS Navigation: A streamlined navigation experience across iPad and iPhone standardizes workflows across devices, reducing training time and improving service efficiency.
Mobile Tap in Quebec: Lightspeed expanded Mobile Tap to Quebec as part of its Lightspeed Tableside solution, enabling staff to take orders and collect payment in a single continuous flow, increasing table turns and capturing more revenue during peak service.
To learn more about these new features, along with the most recent product innovations visit Lightspeed's website.
About Lightspeed

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD), with teams across North America, Europe, and Asia Pacific.

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Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), including information regarding Lightspeed’s leadership team, partnerships, product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in


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our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information:

Lightspeed Media Relations: media@lightspeedhq.com
Lightspeed Investor Relations: Gus Papageorgiou, investorrelations@lightspeedhq.com

FAQ

What did Lightspeed Commerce Inc. (LSPD) disclose in this Form 6-K?

Lightspeed disclosed the timing and key details of its Annual and Special Meeting and announced Bhawna Singh as Chief Technology Officer. It also described new AI, payments, and wholesale product innovations across its retail and restaurant platforms.

When is Lightspeed Commerce Inc. (LSPD) holding its 2026 shareholder meeting?

Lightspeed’s Annual and Special Meeting of Security Holders is scheduled for July 30, 2026. The record date for notice and voting is June 1, 2026, for holders of subordinate voting shares eligible to receive materials and cast votes.

Who is the new Chief Technology Officer at Lightspeed Commerce Inc. (LSPD)?

Lightspeed appointed Bhawna Singh as Chief Technology Officer. She brings over 25 years of experience leading global engineering and platform transformation, including prior CTO roles at Okta and Glassdoor, with a focus on AI, security, and scalable cloud systems.

What new AI capabilities did Lightspeed Commerce Inc. (LSPD) highlight?

Lightspeed highlighted AI tools such as AI-powered OCR inventory entry for retailers and an AI menu import tool for restaurants. These features aim to automate data entry, reduce discrepancies, and speed up onboarding of inventory and menus across its commerce platforms.

How is Lightspeed Commerce Inc. (LSPD) improving wholesale and marketplace capabilities?

Lightspeed added a direct integration between Lightspeed Retail and Faire’s wholesale marketplace, syncing product data like images, descriptions, and costs. It also introduced AI-driven brand recommendations in Marketplace to help retailers discover new brands and potential revenue opportunities.

What payments and ordering enhancements did Lightspeed Commerce Inc. (LSPD) announce?

Enhancements include Order Anywhere promotions with buy-one-get-one-free offers, redesigned POS navigation on iPad and iPhone, and expansion of Mobile Tap in Quebec. These changes are intended to support smoother ordering, faster service, and improved promotion management for hospitality merchants.

Filing Exhibits & Attachments

2 documents