The merger vote on August 20 is the primary catalyst. Approval would likely result in LPSN shares being converted to SoundHound AI consideration (terms not in this filing); failure could trigger significant downside given the $34M market cap and no disclosed Plan B. Monitor for any dissident opposition or vote shortfall that could trigger the adjournment proposal (Proposal 3).
Price Chart
Executive Summary
LivePerson filed a DEFA14A providing a Hebrew-language proxy card for its August 20, 2026 special meeting to vote on the merger with SoundHound AI. The filing is a procedural step to facilitate voting by Israeli shareholders holding TASE shares, with the board recommending a FOR vote on all three proposals (merger approval, advisory compensation, and adjournment). The merger vote is the key binary event — approval would result in LPSN being acquired by SoundHound AI, while failure would leave LPSN as a standalone $34M market cap company with no disclosed alternative path.
Key Financial Metrics
Key Facts
- Special meeting scheduled for August 20, 2026 at 10:00 AM ET to vote on merger with SoundHound AI, Inc.
- Board recommends voting FOR all three proposals: merger approval, advisory compensation, and adjournment.
- Hebrew-language proxy card provided for TASE shareholders; voting deadline is 7:00 PM Israel time on August 19, 2026.
- Merger agreement dated July 2, 2026, with SoundHound AI, Lightspeed Merger Sub Inc., and Lightspeed Merger Sub II Inc.
Financial Impact
Merger vote outcome is binary — approval results in acquisition by SoundHound AI (deal value not disclosed in this filing); failure leaves LPSN as standalone $34M market cap company.
Risk Factors
- Merger vote fails — LPSN remains standalone with no clear strategic alternative and a $34M market cap.
- Insufficient shareholder turnout or opposition from large holders could block the merger.
- Advisory compensation proposal (Proposal 2) is non-binding but could signal shareholder sentiment on deal terms.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (LPSN) — Batch item 1 | 0001193125-26-346038 |
| Document: 0001193125-26-346038-index-headers.html | 0001193125-26-346038 |
| Document: 0001193125-26-346038-index.html | 0001193125-26-346038 |
| Document: 0001193125-26-346038.txt | 0001193125-26-346038 |
| DEFA14A Filing (LPSN) — Batch item 5 | 0001193125-26-346038 |
| Document: 0001193125-26-346038-index-headers.html | 0001193125-26-346038 |
| Document: 0001193125-26-346038-index.html | 0001193125-26-346038 |
| Document: 0001193125-26-346038.txt | 0001193125-26-346038 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 6w ago | EFFECT | — | awaiting T+5 | — | — |
Sep 2, 2026 7w ago | 425 | $3.10 | awaiting T+5 | — | — |
Sep 2, 2026 7w ago | 425 | $3.10 | awaiting T+5 | — | — |
Sep 2, 2026 7w ago | 425 | $3.10 | awaiting T+5 | — | — |
Aug 20, 2026 9w ago | 425 | $2.83 $2.82 | ▼ −0.35% | ▼ −0.83% | — |
Aug 18, 2026 9w ago | 425 | $2.88 $2.71 | ▼ −5.90% | ▼ −5.52% | — |
Aug 17, 2026 10w ago | 425 | $2.84 $2.77 | ▼ −2.46% | ▼ −2.26% | — |
Aug 12, 2026 10w ago | DEFA14A | $2.76 $2.88 | ▲ +4.35% | ▲ +4.79% | — |
Aug 12, 2026 10w ago | 425 | $2.76 $2.88 | ▲ +4.35% | ▲ +4.79% | — |
Aug 11, 2026 10w ago | DEFA14A | $2.76 $2.88 | ▲ +4.35% | ▲ +4.79% | — |
US Market Status
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