---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-167270"
form_type: "8-K"
ticker: "LPSN"
cik: "0001102993"
company_name: "LIVEPERSON INC"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:03:14.287820+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# LivePerson to be acquired by SoundHound AI in all-stock deal; value anchored at ~$42.8M aggregate consideration

## Summary
- Merger consideration: each LPSN share converted into a formula-driven number of SoundHound shares; SoundHound stock price collared at $7-$12.
- Aggregate Consideration Amount set at $42,784,532.64, adjusted for LivePerson cash balance and option exercises.
- Consummation conditioned on LPSN stockholder approval, regulatory clearances, and concurrent Notes Restructuring Transactions.
- Notes Restructuring: First Lien holders get ~$178M in SoundHound stock plus cash; Second Lien holders get ~$83M in stock and cash.
- LivePerson must pay $5M termination fee if deal fails due to superior proposal, adverse recommendation change, or notes restructuring failure.

## SEC filing metadata
- accession: 0001193125-26-167270
- form_type: 8-K
- ticker: LPSN
- cik: 0001102993
- company_name: LIVEPERSON INC
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1102993/000119312526167270/0001193125-26-167270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1102993/000119312526167270/d148603d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-167270
- JSON: https://secwatch.observer/filing/0001193125-26-167270.json
- Plain text: https://secwatch.observer/filing/0001193125-26-167270.txt

## Source-grounded claims
- claim_id: 6a9139289c2ca1f87ee7eaa2d95d6ecafeba092d
  claim: LIVEPERSON INC: Added new Article X designating exclusive forums for certain legal actions, including Delaware Court of Chancery and federal district courts for Securities Act claims (effective 2026-04-21).
  evidence_excerpt: The By-Laws Amendment adds a new Article X, which provides that, unless LivePerson otherwise consents to an alternative forum in writing, (i) the Court of Chancery of the State of Delaware is designated as the sole and exclusive forum for certain specified legal actions involving LivePerson and (ii) the federal district courts of the United States of America, to the fullest extent permitted by law, are designated as the sole and exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act of 1933, as amended.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1102993/000119312526167270/0001193125-26-167270-index.htm
- claim_id: 5cc523512ac5ac425f77fc2156759441562f0521
  claim: LIVEPERSON INC entered into Merger Agreement with SoundHound AI, Inc. valued at Per the Merger Agreement, each share of LivePerson Common Stock will be converted into the right to (effective 2026-04-21).
  evidence_excerpt: On April 21, 2026, LivePerson, Inc., a Delaware corporation (“ LivePerson ”), entered into a Merger Agreement (the “ Merger Agreement ”), by and among LivePerson, SoundHound AI, Inc., a Delaware corporation (“ SoundHound ”) and Lightspeed Merger Sub Inc., a Delaware corporation and an indirect wholly owned subsidiary of SoundHound (“ Merger Sub ”), pursuant to which, on the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into LivePerson (the “ Merger ”), with LivePerson surviving the Merger as an indirect wholly owned subsidiary of SoundHound.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1102993/000119312526167270/0001193125-26-167270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.