Monitor LivePerson stockholder vote and regulatory approvals. The deal transforms SoundHound's conversational AI platform with LivePerson's customer engagement assets. Key risk is integration and potential dilution from stock issuance. Watch for any competing bids or regulatory delays that could affect the timeline.
Price Chart
Executive Summary
SoundHound AI entered into an amended and restated merger agreement to acquire LivePerson, Inc. in a two-step merger. LivePerson shareholders (excluding TASE shares) will receive SoundHound Class A common stock with a base aggregate consideration of $42.78 million, subject to adjustments and a collar ($7-$12 per share). TASE shares will receive cash capped at $7.5 million. The deal is expected to close by October 21, 2026, subject to LivePerson stockholder approval, regulatory clearances, and other conditions.
Key Financial Metrics
Key Facts
- SoundHound AI acquires LivePerson via two-step merger; LivePerson becomes indirect wholly owned subsidiary.
- Base aggregate stock consideration is $42,784,532.64, adjusted for LivePerson's cash balance and option exercise prices.
- SoundHound stock price collar: $7 floor, $12 cap on 10-day VWAP before closing.
- TASE shares (Tel-Aviv listed) receive cash consideration capped at $7.5 million total.
- LivePerson board unanimously recommends adoption; termination fee of $5 million plus expenses (capped at $3.75M in certain cases).
- Closing expected by October 21, 2026, extendable to December 5, 2026 if regulatory approvals pending.
- Conditions include LivePerson stockholder vote, regulatory approvals, Nasdaq listing, S-4 effectiveness, and Notes Restructuring Transactions.
Financial Impact
Base stock consideration of $42.78 million, adjusted for LivePerson's cash and option exercises; actual value depends on SoundHound's VWAP (collar $7-$12). TASE cash capped at $7.5 million. Total deal value not explicitly stated.
Risk Factors
- Failure to obtain LivePerson stockholder approval or regulatory clearances.
- Integration challenges combining two AI platforms.
- Dilution to existing SoundHound shareholders from stock consideration.
- Potential for termination if Notes Restructuring Transactions fail to close.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-075086 |
| Document: ea0296856-8k425_sound.htm | 0001213900-26-075086 |
| Document: 0001213900-26-075086-index-headers.html | 0001213900-26-075086 |
| Document: 0001213900-26-075086-index.html | 0001213900-26-075086 |
| Document: 0001213900-26-075086.txt | 0001213900-26-075086 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $4.43 | awaiting T+20 | — | $4.47 (+0.90%) |
Sep 21, 2026 5w ago | Insider Cluster | $6.12 $4.70 | ▲ +23.20% | ▲ +22.64% | $4.47 (+26.96%) |
Sep 17, 2026 5w ago | Insider Cluster | $5.93 $4.72 | ▲ +20.40% | ▲ +20.61% | $4.47 (+24.62%) |
Sep 9, 2026 6w ago | 3 | $6.28 $5.52 | ▼ −12.10% | ▼ −14.23% | $4.47 (−28.82%) |
Sep 4, 2026 7w ago | 8-K | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.47 (−33.68%) |
Sep 4, 2026 7w ago | Press Release | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.47 (−33.68%) |
Jul 24, 2026 13w ago | 425 | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.47 (−27.44%) |
Jul 24, 2026 13w ago | 8-K | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.47 (−27.44%) |
Jul 10, 2026 15w ago | EFFECT | $6.64 $8.02 | ▲ +20.78% | ▲ +18.36% | $4.47 (−32.68%) |
Jul 2, 2026 16w ago | S-4/A | $6.55 $6.14 | ▼ −6.26% | ▼ −5.84% | $4.47 (−31.76%) |
US Market Status
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