SecBot SecBot
425 ·Filed Jul 2, 2026

SOUN

SOUNDHOUND AI, INC.
NEUTRAL
Impact 5/10
Horizonmonths Processed3mo ago SEC0001213900-26-075092
Rule 425 M&A communications
Actionable Insight • Neutral

The amended agreement confirms deal terms unchanged from the original April announcement. Focus shifts to LivePerson's stockholder vote and regulatory filings. Monitor for any opposition or competing bids that could trigger the $5M termination fee. The deal is expected to close by late October 2026.

DirectionNeutral
Confidencehigh
Horizonmonths
Final — all horizons settled through T+60d ⚠ clustered
SOUN ▼ -10.99% at T+60d
NEUTRAL call -10.99% · α vs SPY -14.56% · entry $6.55 → $5.83
Entry = T+0 close
Jul 2, 2026
via day close
T+1d
+6.26%
call +6.26% · α +5.39%
$6.96
settled 4mo ago
T+5d
+1.98%
call +1.98% · α +1.05%
$6.68
settled 4mo ago
T+20d
-6.26%
call -6.26% · α -5.84%
$6.14
settled 3mo ago
T+60d
-10.99%
call -10.99% · α -14.56%
$5.83
settled 29d ago

Price Chart

Loading chart...

Executive Summary

SoundHound AI filed an amended and restated merger agreement to acquire LivePerson, confirming the previously announced deal structure with a base aggregate consideration of $42.78 million in stock (subject to a $7-$12 collar) and up to $7.5 million in cash for TASE-listed shares. The filing is a procedural step that formalizes the terms, with closing expected by October 21, 2026, subject to LivePerson stockholder approval, regulatory clearances, and the consummation of Notes Restructuring Transactions.

Key Financial Metrics

Deal Value
$42.8M
Deal Type
merger

Key Facts

  • Base aggregate consideration of $42,784,532.64 in SoundHound Class A common stock, subject to adjustments and a $7-$12 per share collar.
  • TASE-listed LivePerson shares will receive cash consideration capped at $7.5 million.
  • LivePerson must pay a termination fee of $5 million plus expenses (capped at $3.75 million in certain scenarios) if the deal fails under specified circumstances.
  • Closing expected by October 21, 2026, extendable to December 5, 2026, if certain regulatory approvals are pending.
  • Conditions include LivePerson stockholder approval, regulatory approvals, Nasdaq listing of SoundHound shares, and consummation of Notes Restructuring Transactions.

Financial Impact

Base consideration of $42.78 million in stock for LivePerson shareholders (excluding TASE), plus up to $7.5 million cash for TASE shares. SoundHound's market cap is $2.9B, making the deal ~1.5% of its market cap.

dilutionacquisition consideration

Risk Factors

  • Failure to obtain LivePerson stockholder approval.
  • Regulatory delays or rejections under foreign investment laws.
  • Termination of Notes Restructuring Transactions could scuttle the deal.
  • LivePerson's financial condition could trigger a material adverse effect clause.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
80% bullish (15 analysts)

Investment Themes

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
425 Filing (Primary)0001213900-26-075092
Document: ea0296856-8k425_sound.htm0001213900-26-075092
Document: 0001213900-26-075092-index-headers.html0001213900-26-075092
Document: 0001213900-26-075092-index.html0001213900-26-075092
Document: 0001213900-26-075092.txt0001213900-26-075092
21 reports for SOUN
Performance horizon
71% Hit rate @ T+20 5 of 7 directional calls Went positive at some point 6 of 7 best @ T+20▲ +43.05%Apr 9, 2026
Filters
Rows
Reports for SOUN — sortable, filterable
TypeNow
Oct 22, 2026
4d ago
Press Release
NEUTRAL ★ 1/10
$4.43awaiting T+20—$4.43 (−0.00%)
Sep 21, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$6.12 $4.70▲ +23.20%▲ +22.64%$4.43 (+27.61%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$5.93 $4.72▲ +20.40%▲ +20.61%$4.43 (+25.30%)
Sep 9, 2026
6w ago
3
NEUTRAL ★ 2/10
$6.28 $5.52▼ −12.10%▼ −14.23%$4.43 (−29.46%)
Sep 4, 2026
7w ago
8-K
NEUTRAL ★ 4/10
$6.74 $5.88▼ −12.76%▼ −13.36%$4.43 (−34.27%)
Sep 4, 2026
7w ago
Press Release
BULLISH ★ 6/10
$6.74 $5.88▼ −12.76%▼ −13.36%$4.43 (−34.27%)
Jul 24, 2026
13w ago
425
BULLISH ★ 6/10
$6.16 $7.32▲ +18.83%▲ +15.21%$4.43 (−28.08%)
Jul 24, 2026
13w ago
8-K
MIXED ★ 5/10
$6.16 $7.32▲ +18.83%▲ +15.21%$4.43 (−28.08%)
Jul 10, 2026
15w ago
EFFECT
NEUTRAL ★ 4/10
$6.64 $8.02▲ +20.78%▲ +18.36%$4.43 (−33.28%)
Jul 2, 2026
16w ago
S-4/A
NEUTRAL ★ 4/10
$6.55 $6.14▼ −6.26%▼ −5.84%$4.43 (−32.37%)
Showing 10 of 21

US Market Status

Market Open — Closes in 50m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers
Report published Jul 2, 2026