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

LivePerson is urging shareholders to vote in favor of its proposed transaction with SoundHound AI ahead of the August 20 special meeting, warning that failure to vote counts effectively as a vote against the merger. The company says approval requires a majority of all outstanding shares. The release highlights support from ISS and Glass Lewis and argues the deal is preferable to standalone risks, including slowing business, possible Nasdaq delisting, and debt-service difficulties. LivePerson says most stockholders would receive SoundHound stock valued at about $3.33 per LivePerson share, implying a 22% premium to the 30-day VWAP before the April 21 announcement. The announcement is a governance/merger vote update rather than an operating performance update, and it underscores the market’s focus on deal completion and downside risk if the transaction fails.