Mergers & Acquisitions ·
SoundHound AI, Inc. entered into an Amended and Restated Merger Agreement on July 2, 2026, to acquire LivePerson, Inc.…
SOUNSoundhound AI, Inc.
SoundHound AI, Inc. entered into an Amended and Restated Merger Agreement on July 2, 2026, to acquire LivePerson, Inc. through a two-step merger involving its subsidiaries, Lightspeed Merger Sub I and II. Under the terms, LivePerson common stock will be converted into SoundHound Class A common stock based on a formula involving an aggregate consideration amount of $42,784,532.64, adjusted for LivePerson's shortfall cash and in-the-money options. Additionally, TASE shares will be converted into cash, capped at $7,500,000. The transaction is subject to customary closing conditions, including LivePerson stockholder approval and regulatory clearances. SoundHound AI, Inc. is an artificial intelligence company providing voice and conversational intelligence solutions.