LivePerson

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: LivePerson Urges Stockholders to Approve $SoundHound AI(SOUN.US) SoundHound AI Acquisition

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗟𝗶𝘃𝗲𝗣𝗲𝗿𝘀𝗼𝗻 urges stockholders to vote for the 𝗦𝗼𝘂𝗻𝗱𝗛𝗼𝘂𝗻𝗱 𝗔𝗜 acquisition.

➤ Special stockholder meeting is scheduled for 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬, 𝟮𝟬𝟮𝟲.

➤ Deal values most LivePerson shares at approximately $𝟯.𝟯𝟯 per share.

➤ Offer represented a roughly 𝟮𝟮% premium to the prior 30-day VWAP.

➤ LivePerson's board evaluated 𝟲𝟲 potential counterparties before selecting SoundHound AI.

➤ LivePerson has approximately $𝟯𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in outstanding debt at par value.

➤ Secured noteholders agreed to exchange debt at a 𝘀𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹 discount.

➤ SoundHound expects $𝟯𝟱𝟬–$𝟰𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in 2027 combined revenue.

➤ Combined company sees a potential path to $𝟱𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in revenue.

➤ Combined business would serve 𝟮𝟱 of the 𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝟭𝟬𝟬 companies.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: SoundHound to Acquire LivePerson in $𝟒𝟑𝐌 Deal - $SoundHound AI(SOUN.US) $LivePerson(LPSN.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ SoundHound acquires 𝐋𝐢𝐯𝐞𝐏𝐞𝐫𝐬𝐨𝐧 for $𝟒𝟑𝐌 equity value.

➤ Deal implies ~$𝟐𝟓𝟎𝐌 enterprise value including debt and cash.

➤ Offer represents 𝟐𝟐% premium to 30-day VWAP.

➤ LivePerson processes 𝟏𝐁+ monthly customer messages globally.

➤ Combined firm expects 𝟐𝟎𝟐𝟕 revenue of $𝟑𝟓𝟎𝐌–$𝟒𝟎𝟎𝐌.

➤ Anticipates $𝟓𝟎𝟎𝐌 revenue opportunity from existing customers.

➤ Transaction creates unified 𝐯𝐨𝐢𝐜𝐞 and 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐀𝐈 platform

Source: Hardik Shah