secwatch.observer — SEC 8-K summary
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Issuer:     LIVEPERSON INC (LPSN)
CIK:        0001102993
Form:       8-K
Filed at:   2026-07-02T21:14:03+00:00
Accession:  0001193125-26-294943
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LivePerson and SoundHound amend merger; TASE shares get cash capped at $7.5M
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- Amended merger agreement changes consideration for TASE shares from SoundHound stock to cash, capped at $7.5 million.
- Change avoids delay from Israeli securities law prospectus requirement; other merger terms unchanged.
- Non-TASE shares still receive SoundHound common stock based on $7-$12 per share collar.
- LivePerson Board unanimously recommends adoption; termination fee of $5M plus expenses remains.
- Outside date for closing is October 21, 2026, extendable to December 5, 2026 for regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1102993/000119312526294943/0001193125-26-294943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1102993/000119312526294943/d319553d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-294943

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