LivePerson issued a press release, launched a microsite, and published a Shareholder FAQ on July 23, 2026, to encourage stockholders to vote "FOR" its pending merger with SoundHound AI, Inc. A special meeting of stockholders is scheduled for August 20, 2026. Most stockholders will receive SoundHound stock, which represented approximately $3.33 per share at the time of the April 21, 2026 announcement, a 22% premium over the 30-day VWAP. The transaction includes a collar mechanic for the equity conversion price between $7.00 and $12.00. Additionally, secured noteholders agreed to exchange notes at a substantial discount to their $350 million par value to facilitate the deal. LivePerson operates in the conversational AI industry, providing digital engagement and AI platforms for enterprises.
