LivePerson, SoundHound amend merger deal to pay cash for Tel Aviv-held shares

SoundHound AI
LivePerson, Inc.

SoundHound AI

SOUN

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LivePerson, Inc.

LPSN

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  • LivePerson agreed to amend its merger deal with SoundHound AI, switching consideration for Tel Aviv Stock Exchange-held shares to cash.
  • The change aims to avoid a multi-month delay tied to issuing SoundHound stock to those holders.
  • Non-TASE shares will convert into SoundHound common stock based on an aggregate consideration amount of USD 42.78 million, adjusted for cash and option proceeds.
  • TASE holders will receive cash tied to the stock consideration, capped at USD 7.5 million in total.
  • Either side can terminate if closing has not occurred by Oct. 21, 2026, extendable to Dec. 5, 2026 under certain conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LivePerson Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-294943), on July 02, 2026, and is solely responsible for the information contained therein.

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