SoundHound AI entered into an amended and restated merger agreement to acquire LivePerson through a two-step merger. LivePerson stockholders will receive SoundHound AI Class A shares based on a 10-day VWAP, floored at $7 and capped at $12, while TASE-held shares will receive cash totaling up to $7.5 million. Closing is subject to LivePerson stockholder approval, regulatory clearances, an effective S-4, Nasdaq listing approval, and completion of related notes restructuring. The transaction is expected to be taxable for U.S. federal income tax purposes.
Agreement details:
- Agreement type: Amended and Restated Merger Agreement for acquisition of LivePerson
- Counterparty: LivePerson
- Signed / Effective: Jul 02 2026 / same
- Reason: Acquire LivePerson to expand AI platform and customers
Original SEC Filing:
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