SoundHound AI to buy LivePerson in stock deal valued at $42.78 million
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LivePerson, Inc. LPSN | 0.00 |
- SoundHound agreed to acquire LivePerson through a merger, leaving LivePerson as an indirect wholly owned subsidiary.
- LivePerson common stock converts into SoundHound Class A shares based on an aggregate consideration amount of USD 42.78 million.
- Exchange ratio uses a 10-day VWAP “SoundHound Closing Stock Price,” capped at USD 12, floored at USD 7.
- Secured Notes restructuring runs alongside the deal, swapping 2029 Notes and Second Lien Notes for SoundHound shares.
- First lien holders split USD 178.01 million stock consideration; second lien holders split USD 83.21 million, each tied to the same pricing formula.
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. SoundHound AI 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: 0001213900-26-061610), on May 27, 2026, and is solely responsible for the information contained therein.
