LivePerson shareholders approve $43 million SoundHound AI acquisition

  • LivePerson shareholders approved SoundHound AI’s $43 million acquisition of the company.
  • Shareholders will receive 0.47 SoundHound shares for each LivePerson share.
  • LivePerson will file certified voting results in a Form 8-K before closing.

LivePerson shareholders approved SoundHound AI’s $43 million all-stock acquisition at a special meeting, ending the company’s two-decade run as an independent public company. Holders will receive 0.47 SoundHound shares for each LivePerson share, and the transaction is scheduled to close on September 4, 2026, subject to customary conditions including a notes restructuring. The offer represented a 22% premium when announced and a 12% premium over LivePerson’s opening price on the vote date. LivePerson, once valued at $4.7 billion, reported a NIS 216 million net loss in the second quarter of 2026 and carries about $400 million in debt. SoundHound is expected to gain access to approximately $74 million in LivePerson cash before repayment of convertible bonds, while integrating LivePerson’s customer base, Conversational Cloud and Syntrix platforms with its voice AI business.

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