LIVEPERSON INC

LivePerson announced an amended and restated merger agreement to be acquired by SoundHound AI, Inc. The deal involves LivePerson shareholders receiving SoundHound common stock, while TASE shareholders will receive cash. Concurrently, a Notes Restructuring Agreement was made with holders of Secured Notes. For Q2 2026, LivePerson reported a net loss of $(72.56) million, significantly wider than the $(15.71) million loss in Q2 2025, primarily due to a $51.83 million goodwill impairment. Revenue for the quarter decreased to $52.50 million from $59.60 million year-over-year.

LivePerson Inc. announced that its merger with SoundHound AI, Inc. has received all necessary foreign investment approvals. The final clearance came from the Bulgarian authority on July 20, 2026, following earlier approvals from Italy, Canada, Germany, and the United Kingdom. While all regulatory conditions are now met, the merger still requires LivePerson stockholder approval to be consummated.

LivePerson Inc. issued a press release and shareholder letter urging stockholders to vote in favor of its pending merger with SoundHound AI, Inc. The company highlighted the benefits of the transaction, including a 22% premium for shareholders, a stronger balance sheet for the combined entity, and a resolution to LivePerson's significant debt. LivePerson also detailed the substantial risks of not completing the merger, such as ongoing debt pressures, revenue decline, and competitive challenges as a standalone company. A special meeting for the vote is scheduled for August 20, 2026.

LivePerson and SoundHound AI have entered into an Amended and Restated Merger Agreement on July 2, 2026, modifying their original agreement from April 21, 2026. The amendment addresses Israeli securities law requirements for shares held through the Tel Aviv Stock Exchange (TASE Shares), which would have caused significant delays. Under the new terms, TASE shareholders will receive cash consideration, while other LivePerson shareholders will still receive SoundHound Common Stock. The aggregate consideration amount remains $42,784,532.64, subject to adjustments.

LivePerson reported its Q1 2026 financial results, showing a significant reduction in net loss to $8.83 million from $14.13 million in the prior year. However, total revenue decreased by 12% to $56.96 million. The company also highlighted the commercial launch of Syntrix, a new AI simulation platform, and noted the ongoing proposed acquisition by SoundHound AI, Inc.

LIVEPERSON INC (LPSN) filed an Amendment No. 1 to its 2025 Form 10-K to include previously omitted information for Items 10 through 14 of Part III. This amendment provides comprehensive details on directors, executive officers, corporate governance, executive compensation, security ownership, related transactions, and principal accountant fees. The company did not file its definitive proxy statement by the deadline, necessitating this amendment.

LivePerson, Inc. announced it has entered into a Merger Agreement with SoundHound AI, Inc. and Lightspeed Merger Sub Inc., an indirect wholly owned subsidiary of SoundHound. Under the agreement, Merger Sub will merge into LivePerson, with LivePerson surviving as an indirect wholly owned subsidiary of SoundHound. Each share of LivePerson common stock will be converted into the right to receive a number of shares of SoundHound Class A common stock.