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SoundHound AI agrees to buy LivePerson in deal valued at $271.84 million

PUBT
Jul 13, 2026 at 09:21 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

SoundHound AI has agreed to acquire LivePerson in a two-step merger valued at approximately $271.84 million. The deal involves exchanging secured notes for SoundHound Class A stock, with LivePerson shareholders receiving mostly stock and TASE holders capped cash payments. LivePerson will retire about $20.1 million of convertible notes before closing.

  • SoundHound agreed to acquire LivePerson in a two-step merger, leaving LivePerson as an indirect wholly owned subsidiary at closing. * Total consideration estimated at USD 271.84 million, based on SoundHound shares valued at USD 6.21 each as of June 25, 2026. * Secured Notes exchange drives most of the payout, with about USD 261.22 million satisfied in SoundHound Class A stock. * LivePerson common stockholders receive USD 42.8 million in value, mainly stock for non-TASE shares, with TASE holders paid cash capped at USD 7.5 million. * LivePerson is expected to retire about USD 20.1 million of 0% Convertible Notes due 2026 before closing. 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: 0001213900-26-077663), on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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