SoundHound amends LivePerson merger, lowers July cash requirement to $71M

Filed July 2, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• high

  Amended merger agreement adds second step to cash out Tel-Aviv Stock Exchange shareholders for up to $7.5M, while U.S. shareholders still receive SoundHound stock based on $42.8M consideration formula.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  LivePerson's minimum cash requirement reduced from $74M to $71M if merger closes in July 2026, potentially accelerating the timeline by lowering the debt repurchase threshold.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  LivePerson owes SoundHound a $5M termination fee plus expenses if the deal breaks due to board recommendation change, superior offer, or failure of the debt restructuring that is a closing condition.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →