LivePerson stockholders approved the company's acquisition by SoundHound AI on September 2, 2026. This vote clears the final shareholder obstacle for the transaction. The companies expect the deal to close on September 4, 2026, subject to customary conditions.
The merger is critical for SoundHound to achieve its 2027 revenue guidance. This guidance projects revenue between $350 million and $400 million. SoundHound first announced the acquisition in April 2026.
The transaction carries an equity value of approximately $43 million. The deal implies a total enterprise value of $250 million.
LivePerson previously adjourned the vote on August 20. While the votes cast overwhelmingly supported the deal, the proposal had not yet met the required majority of all outstanding shares.