SoundHound AI Reprices LivePerson Acquisition, Cutting Equity Cost to ~$42.8M

summarizeSummary

SoundHound AI has finalized an amended merger agreement to acquire LivePerson, significantly reducing the equity consideration to approximately $42.8 million from the previously announced $304 million, a major positive for SoundHound AI shareholders.

check_boxKey Events · M&A and Partnerships · SOUN

• Amended Merger Agreement Signed

  SoundHound AI and LivePerson entered into an Amended and Restated Merger Agreement, replacing the original agreement dated April 21, 2026.

• Acquisition Cost Significantly Reduced

  The equity consideration for LivePerson is now based on an 'Aggregate Consideration Amount' of approximately $42.8 million (plus/minus adjustments), a substantial reduction from the previously announced $304 million.

• Cash Consideration for TASE Shares

  Shares of LivePerson held through the Tel-Aviv Stock Exchange (TASE Shares) will be converted into cash, with the aggregate cash consideration capped at $7.5 million.

• Equity Award Treatment Defined

  In-the-money LivePerson options for continuing employees will convert to SoundHound AI options; other in-the-money options and vested RSUs will be cashed out or converted; out-of-money options and warrants will be cancelled for no consideration.

auto_awesomeAnalysis · SOUN · Technology

This 8-K announces a significantly revised merger agreement for SoundHound AI's acquisition of LivePerson. The most impactful change is the substantial reduction in the equity consideration for LivePerson, now based on an aggregate amount of approximately $42.8 million, a major positive for SoundHound AI as it drastically lowers the cost of the acquisition and reduces potential shareholder dilution. The deal also includes a cash component for TASE-held shares, capped at $7.5 million, and outlines the treatment of LivePerson's equity awards and debt restructuring, further clarifying the financial terms of this strategic acquisition.