The resale registration allows former LivePerson noteholders to sell their shares freely into the market. Monitor for selling pressure over the coming weeks — the 36.9M share block is significant relative to SOUN's $3.0B market cap and could weigh on the stock if holders execute sales aggressively.
Price Chart
Executive Summary
SoundHound AI filed a prospectus supplement registering up to 36,894,839 shares of Class A common stock for resale by former noteholders of LivePerson, Inc., issued in connection with the recently completed LivePerson acquisition. This is a routine procedural filing to satisfy contractual registration rights — no new shares are being issued and the company receives no proceeds.
Key Facts
- 36,894,839 shares registered for resale by former LivePerson noteholders
- Shares were issued in connection with the recently completed LivePerson acquisition
- No new issuance — company receives no proceeds
- Filed as a prospectus supplement to existing S-3 (Registration No. 333-295779)
- Filing satisfies registration rights agreement from the Notes Restructuring Agreement dated April 21, 2026
Financial Impact
Potential overhang of 36.9M shares (material relative to $3.0B market cap) but no immediate financial impact; company receives no proceeds
Risk Factors
- Potential selling pressure from registered shares hitting the market
- Large share count relative to market cap could depress price if holders sell aggressively
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (SOUN) — Batch item 1 | 0001213900-26-097477 |
| Document: ea030418801ex5-1.htm | 0001213900-26-097477 |
| Document: 0001213900-26-097477-index-headers.html | 0001213900-26-097477 |
| Document: 0001213900-26-097477-index.html | 0001213900-26-097477 |
| Document: 0001213900-26-097477.txt | 0001213900-26-097477 |
| 8-K Filing (SOUN) — Batch item 6 | 0001213900-26-097477 |
| Document: ea030418801ex5-1.htm | 0001213900-26-097477 |
| Document: 0001213900-26-097477-index-headers.html | 0001213900-26-097477 |
| Document: 0001213900-26-097477-index.html | 0001213900-26-097477 |
| Document: 0001213900-26-097477.txt | 0001213900-26-097477 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $4.43 | awaiting T+20 | — | $4.24 (−4.29%) |
Sep 21, 2026 5w ago | Insider Cluster | $6.12 $4.70 | ▲ +23.20% | ▲ +22.64% | $4.24 (+30.72%) |
Sep 17, 2026 5w ago | Insider Cluster | $5.93 $4.72 | ▲ +20.40% | ▲ +20.61% | $4.24 (+28.50%) |
Sep 9, 2026 6w ago | 3 | $6.28 $5.52 | ▼ −12.10% | ▼ −14.23% | $4.24 (−32.48%) |
Sep 4, 2026 7w ago | 8-K | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.24 (−37.09%) |
Sep 4, 2026 7w ago | Press Release | $6.74 $5.88 | ▼ −12.76% | ▼ −13.36% | $4.24 (−37.09%) |
Jul 24, 2026 13w ago | 425 | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.24 (−31.17%) |
Jul 24, 2026 13w ago | 8-K | $6.16 $7.32 | ▲ +18.83% | ▲ +15.21% | $4.24 (−31.17%) |
Jul 10, 2026 15w ago | EFFECT | $6.64 $8.02 | ▲ +20.78% | ▲ +18.36% | $4.24 (−36.14%) |
Jul 2, 2026 16w ago | S-4/A | $6.55 $6.14 | ▼ −6.26% | ▼ −5.84% | $4.24 (−35.27%) |
US Market Status
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