LivePerson Completes SoundHound AI Merger; LPSN to Delist from Nasdaq
LPSN has more than doubled off its 52-week low of $1.4 on elevated volume (4.0× avg).
Summary
LivePerson's merger with SoundHound AI closed on September 4, 2026. LPSN shares converted to 0.4673 SOUN shares (or $3.31 cash for TASE shares), the company will delist from Nasdaq, and all directors resigned.
Key Events · M&A and Partnerships · LPSN
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Merger Completed
First and Second Mergers became effective September 4, 2026. Each LPSN share converted into 0.4673 SoundHound Class A shares; TASE-held shares received $3.31 cash.
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Nasdaq Delisting
Company notified Nasdaq of share conversion; Form 25 delisting notice to be filed. LivePerson intends to file Form 15 to suspend SEC reporting obligations.
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Board Resignations
All nine directors — James Miller, Dan Fletcher, Nathan Lane, Vanessa Pegueros, John Sabino, Karin-Joyce Tjon, Ryan Vardeman, William Wessemann, and Anthony Zingale — resigned effective at the Second Merger Effective Time.
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Notes Restructuring Closed
First Lien holders received 25,142,335 SOUN shares plus $2,499,450 cash; Second Lien holders received 11,752,504 SOUN shares plus $3,348,550 cash, fully satisfying LivePerson's secured notes.
Analysis · LPSN · Technology
The SoundHound AI acquisition of LivePerson closed on September 4, 2026, converting each LPSN share into 0.4673 SOUN shares (or $3.31 cash for TASE-held shares). This is the final step in a merger that has dominated LivePerson's filings for months. The company will delist from Nasdaq and suspend SEC reporting, and all nine directors resigned. The Notes Restructuring Transactions also closed, extinguishing LivePerson's secured notes in exchange for 36.9 million SOUN shares and $5.85 million cash. For LPSN holders, the stock is now effectively a claim on SoundHound equity — the standalone LivePerson investment thesis is over.
How filings like this one have moved
In the 30 days to Sep 7, 2026, 45.3% of the 631 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LPSN was trading at $3.10 on NASDAQ in the Technology sector, with a market capitalization of approximately $38.2M. The 52-week trading range was $1.40 to $15.15. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.