Liveperson

LivePerson has extended the deadline for the shareholder vote on the planned transaction with SoundHound AI; the extraordinary general meeting will now be held on Sept. 2, 2026, and online/telephone voting ends on Sept. 1, 2026 at 11:59 p.m. ET. So far, more than 97% of votes cast are in favor of the transaction, but completion requires the approval of a majority of all outstanding shares; LivePerson is only a few percentage points short. Under the terms, LivePerson shareholders will receive SoundHound shares worth about $3.33 per common share, roughly a 22% premium to the 30-day VWAP before the announcement. » Więcej na de.investing.com

LivePerson has postponed the extraordinary general meeting scheduled for today to vote on the merger with SoundHound AI to September 2, 2026, at 10:00 a.m. ET, and will hold the meeting as a live audio webcast. Provisionally, more than 97% of votes cast so far have voted in favor of the merger, but a small percentage is still needed to reach a majority of all outstanding shares. Votes already submitted by proxy remain valid; shareholders who hold shares listed on the Tel-Avis exchange and wish to participate must provide proof of ownership as of the record date of July 6, 2026. MacKenzie Partners has been engaged as voting rights advisor. » Więcej na de.investing.com

Proxy advisor ISS recommends LivePerson shareholders approve the proposed merger with SoundHound AI, aligning with Glass Lewis’s recommendation. ISS judged the sale process to be thorough and the strategic rationale convincing, and views the stock distribution as an opportunity for shareholders to participate in potential upside. ISS also pointed to a lack of public opposition and to risks for LivePerson if it remains standalone (delisting, high leverage). The vote requires a majority of outstanding common shares; the extraordinary general meeting is set for August 20, and Tel Aviv‑listed shareholders must submit proofs by July 6, 2026. » Więcej na de.investing.com

The proxy advisor Glass Lewis recommends that shareholders approve the merger of LivePerson and SoundHound AI. The extraordinary general meeting is scheduled for August 20, 2026. Shareholders will receive mostly SoundHound shares worth about $3.33 per LivePerson share, representing a 22% premium to the 30-day VWAP before the announcement; holders in Tel Aviv will receive an equivalent cash amount. The transaction is intended to clear LivePerson’s excess liabilities, with secured creditors agreeing to an exchange that includes roughly a $350 million haircut. SoundHound expects, upon closing in H2 2026, combined 2027 revenue of $350–400 million, with upside to $500 million from the existing customer base. » Więcej na de.investing.com

LivePerson is asking shareholders by letter to approve the planned takeover by SoundHound AI; the extraordinary general meeting will be held on August 20, 2026. The offer values LivePerson at about $3.33 per share, a 22% premium to the 30-day average before the announcement; most shareholders are expected to receive SoundHound shares, with shareholders listed in Tel Aviv likely to receive a cash payout. LivePerson has greater outstanding debt than the transaction value; secured bondholders agreed to an exchange with a roughly $350 million haircut, and the merged company is targeting revenue of $350–400 million in 2027 (with a scenario up to $500 million). » Więcej na de.investing.com