On September 4, 2026, LivePerson completed its merger with SoundHound AI via a two-step acquisition. Existing common stockholders received 0.4673 shares of SoundHound Class A common stock per share, while Tel Aviv Stock Exchange holders received $3.31 in cash. Concurrently, the company settled its First and Second Lien Secured Notes due 2029 by issuing approximately 36.89 million SoundHound shares and paying roughly $5.85 million in cash. The entire board of directors resigned effective immediately upon closing. LivePerson operates in the artificial intelligence and conversational software industry.
