SoundHound AI Nears Closing of LivePerson Acquisition After Shareholder Approval

SoundHound AI (SOUN) announced that LivePerson, Inc. stockholders have approved the previously disclosed merger agreement. This vote, held on September 2, 2026, satisfies the final significant condition required to close the acquisition, allowing both companies to proceed with consummating the transaction.

Key Details

• Stockholder Approval: At a special meeting on September 2, 2026, LivePerson stockholders voted to approve the merger with SoundHound AI.
• Final Merger Consideration: The filing confirmed that each LivePerson share will be exchanged for 0.4673 shares of SOUN Class A Common Stock and $3.31 in cash.
• Path to Closing: The approval was the primary remaining condition to closing the merger and the related notes restructuring transactions, which are now expected to be completed.