M&A
confidence high
sentiment neutral
materiality 0.50
SoundHound AI files updated pro forma financials for LivePerson merger; combined FY2025 revenue $455M
SOUNDHOUND AI, INC.
- Pro forma combined revenue for FY2025: $455.4M; net loss $43.7M.
- Pro forma combined revenue for Q1 2026: $101.2M; net loss $24.6M.
- Total consideration: ~$178M stock to first lien note holders, ~$83.2M to second lien, $42.8M to common shareholders.
- Pro forma balance sheet as of March 31, 2026: total assets $1.016B, equity $718.2M.
- Merger expected to close pending conditions; SoundHound retains right to substitute cash for stock consideration.