SOUNDHOUND AI, INC.

SoundHound AI, Inc. announced that all foreign investment approvals required for its merger with LivePerson, Inc. have been secured. Clearances were received from regulatory authorities in Italy, Canada, Germany, the United Kingdom, and finally Bulgaria on July 20, 2026. This satisfies all regulatory conditions for the merger, which is still contingent upon LivePerson stockholder approval and other closing conditions.

SoundHound AI, Inc. announced that it will report its second quarter 2026 financial results on Wednesday, August 5, 2026, following the market close. The company will also host a conference call and webcast on the same day to review the results. The webcast will be accessible via the company's investor relations website.

SoundHound AI, Inc. announced its recognition by Gartner as a Leader in the 2026 Magic Quadrant for Conversational AI Platforms. This evaluation highlighted the company's Completeness of Vision and Ability to Execute, driven by its voice-native Amelia 7 platform and proprietary Agentic+ framework. The company also emphasized its OASYS platform, launched in May 2026, which enables self-learning AI agents to automate complex workflows and processes billions of interactions annually for global enterprises.

SoundHound AI, Inc. entered into an Amended and Restated Merger Agreement with LivePerson, Inc. on July 2, 2026, superseding their original agreement from April 21, 2026. Under the revised terms, LivePerson will merge into a SoundHound AI subsidiary in a two-step process, with LivePerson surviving as an indirect wholly-owned subsidiary. LivePerson common stockholders will receive SoundHound AI Class A common stock, with the aggregate consideration amount set at $42,784,532.64, subject to adjustments for LivePerson's cash and options.

SoundHound AI, Inc. announced it has been selected as the winner of the "Overall Agentic AI Company of the Year" award in the 2026 AI Breakthrough Awards program. The award recognizes SoundHound's OASYS platform, which is highlighted as the world's first self-learning AI system where AI builds AI. This platform autonomously creates, orchestrates, evaluates, and improves conversational AI agents, significantly reducing development time and maintenance.

SoundHound AI, a global leader in voice and agentic AI, has been named the overall Leader in the 2026 ISG Buyers Guide for Conversational AI Emerging Providers. The company also achieved a Leader designation in every specific category, including Product Experience, Capability, Platform, and Customer Experience. This recognition highlights SoundHound's dedication to solving real-world problems for enterprise clients with its OASYS platform, which is designed for fully autonomous AI agents.

SoundHound AI, Inc. announced its participation in the D.A. Davidson 2026 Technology & Consumer Conference on June 11, 2026. Keyvan Mohajer, the company's Co-Founder and CEO, will engage in a fireside chat, which will be broadcast live at 12:20 PM PT. The event will be held in Nashville, Tennessee, and a webcast link will be provided on the company's investor relations website.

SoundHound AI provided updated unaudited pro forma condensed combined financial information related to its LivePerson merger and announced an equity distribution agreement. The company entered into an agreement to sell up to $300 million of Class A common stock. Additionally, the Board approved amendments to the company's bylaws, and stockholders re-elected directors and ratified the independent auditor at the 2026 annual meeting. LivePerson, the acquisition target, reported Q1 2026 revenue of $56.96 million and a net loss of $8.83 million, showing an improved loss compared to the prior year.

SoundHound AI, Inc. reported a significant shift in its financial performance for the first quarter of 2026, with revenues increasing to $44.195 million from $29.129 million year-over-year. However, the company posted a net loss of $(25.028) million, or $(0.06) basic EPS, a stark contrast to the net income of $129.932 million, or $0.33 basic EPS, recorded in Q1 2025. The change in fair value of contingent acquisition liabilities significantly impacted operating expenses, contributing a gain of $39.392 million in Q1 2026 compared to $176.100 million in Q1 2025. The company continues to incur recurring losses and negative operating cash flows, with an accumulated deficit of $982.094 million as of March 31, 2026, though management expects to fund operations for at least the next twelve months.

SoundHound AI reported strong first-quarter 2026 financial results, with revenue growing 52% year-over-year to $44.2 million. The company also announced a definitive agreement to acquire LivePerson, a move expected to create a combined entity with a $500 million revenue opportunity and an accelerated path to profitability. Additionally, SoundHound AI launched OASYS, its new self-learning orchestrated agentic AI platform, and reaffirmed its full-year 2026 revenue outlook of $225 million to $260 million.