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LivePerson Stockholders: The Time to Vote for the SoundHound Transaction is NOW

LPSNSOUN
  • LivePerson stockholders must vote "FOR" the proposed merger with SoundHound AI to avoid the transaction failing.
  • The proxy voting deadline is 11:59 p.m. ET on Wednesday, August 19, 2026.
  • Any share that is not voted counts as a vote "AGAINST" the merger because approval requires a majority of all outstanding shares.
  • The Special Meeting of Stockholders is scheduled for Thursday, August 20, 2026, at 10:00 a.m. ET.
  • Proxy advisory firms ISS and Glass Lewis both recommend voting "FOR" the transaction.
  • Failure of the merger exposes stockholders to risks including business degradation, potential Nasdaq delisting, debt covenant violations, and possible reorganization where shares could become worthless.
  • Noteholders agreed to exchange debt at a discount, allowing most LivePerson stockholders to receive SoundHound shares valued at approximately $3.33 per share.
  • The proposed share value represents a 22% premium over LivePerson's 30-day volume-weighted average trading price prior to the April 21, 2026 announcement.
  • TASE stockholders must deliver ownership certificates to Israeli counsel by 7:00 p.m. Israel time on Wednesday, August 19, 2026.
  • Voting can be completed via proxy card, online at VoteLivePerson.com, or by phone.