SoundHound AI completed its LivePerson acquisition on Sep 4, 2026, converting most LivePerson shares into 0.4673 SoundHound shares each

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

SoundHound AI, a voice and agentic AI company listed on Nasdaq, completed its acquisition of LivePerson on Sep 4, 2026. It filed an 8-K that day, the report a US-listed company files when a major event occurs; its Item 2.01 covers a completed acquisition, and the filing also carries Items 1.01, 3.02, 5.02, 7.01 and 8.01. A first and a second merger took effect on the closing date, and LivePerson continued as an indirect wholly owned subsidiary of SoundHound.1^,2^,3^,4^,5

Under the amended and restated merger agreement of Jul 2, 2026, most LivePerson shares converted into the right to receive 0.4673 shares of SoundHound Class A common stock. Each LivePerson share held through the Tel Aviv Stock Exchange clearing house converted into the right to receive $3.31 in cash instead. LivePerson stock options and warrants were cancelled for no consideration.2^,6^,7^,8^,9

The same day, the holders of LivePerson’s first-lien and second-lien secured notes settled them under a notes restructuring agreement dated Apr 21, 2026. The first-lien holder accepted 25,142,335 SoundHound shares and $2,499,450 in cash; the second-lien holders accepted 11,752,504 shares and $3,348,550 in cash between them. SoundHound also entered into a registration rights agreement with those holders, which gives them registration rights for reselling the shares they received. The company said it had retired LivePerson’s outstanding debt as part of the close, leaving the combined company with a debt-free balance sheet.10^,11^,12^,13^,14^,15

John Collins, who had been LivePerson’s chief financial officer since February 2020 and its chief operating officer since January 2024, became SoundHound’s chief financial officer when the mergers took effect. His employment agreement set an annual base salary of $465,000 and a signing bonus of $150,000. SoundHound said that with the deal closed its customer base included 25 of the Fortune 100 and its IP portfolio ran to over 750 patents. It said LivePerson’s platform would be integrated into OASYS, its self-learning Orchestrated Agent System.16^,17^,18^,19^,20^,21

The companies entered into the original merger agreement on Apr 21, 2026, and the Jul 2 agreement amended and restated it in full. Their joint announcement of Apr 21 put the equity value, the value of the shares alone, at $43M. The same release said that, after discounts on LivePerson’s remaining debt, the transaction implied an enterprise value, the shares plus the debt, less the cash, of $250M.22^,23^,2^,24^,25

Our records hold the text of the Sep 4 8-K and its press release, not the filing’s other exhibits. They also hold 13 documents of this deal, which state an equity value in 1 sentence and an enterprise value in 1 sentence, both in the April announcement.26^,27^,24^,25