SoundHound amends merger deal for LivePerson in all-stock transaction
SoundHound AI SOUN | 0.00 | |
LivePerson, Inc. LPSN | 0.00 |
- SoundHound AI agreed revised terms to acquire LivePerson via a two-step merger, leaving LivePerson as an indirect wholly owned subsidiary.
- LivePerson shareholders will receive SoundHound Class A stock, based on an aggregate consideration amount of USD 42.78 million adjusted for cash and option exercises.
- Consideration is reduced by any “LivePerson Shortfall Cash” versus a USD 74 million minimum cash target, or USD 71 million if closing occurs in July.
- Stock consideration will be priced using a 10-day VWAP, capped at USD 12 per share and floored at USD 7 per share.
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: 0001213900-26-075086), on July 02, 2026, and is solely responsible for the information contained therein.
