secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDHOUND AI, INC. (SOUN)
CIK:        0001840856
Form:       8-K
Filed at:   2026-07-02T21:14:19+00:00
Accession:  0001213900-26-075086
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoundHound AI amends LivePerson merger; aggregate stock consideration ~$42.8M, price collar $7-$12
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- Aggregate consideration ~$42.8M in SoundHound stock, adjusted for LivePerson cash balance and option exercises.
- Per-share consideration based on 10-day VWAP with floor of $7 and cap of $12 per SOUN share.
- TASE shares to receive cash consideration capped at $7.5M.
- Termination fee of $5M payable by LivePerson under specified conditions, with expense cap of $3.75M.
- Closing conditions include LivePerson stockholder approval, regulatory approvals, and notes restructuring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840856/000121390026075086/0001213900-26-075086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840856/000121390026075086/ea0296856-8k425_sound.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-075086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer