LivePerson (NASDAQ: LPSN), a provider of predictable conversational AI, is urging stockholders to cast their votes in favor of its proposed merger with SoundHound AI, Inc. (NASDAQ: SOUN).
The company’s Board of Directors has issued a formal letter reminding stockholders that the Special Meeting has been adjourned to Wednesday, September 2, 2026, at 10:00 a.m. ET.
The new deadline for submitting votes online or by telephone is Tuesday, September 1, 2026, at 11:59 p.m. ET.
Stockholders who have already submitted their proxy do not need to take any further action, as previously cast votes remain valid.
Preliminary results show that over 97% of votes cast to date have been in favor of the proposed transaction between the two companies.
Despite strong support from those who have voted, the merger requires approval from a majority of all outstanding shares, a threshold the company says it is only a few percentage points away from reaching.
Stockholders who approve the deal will receive shares of SoundHound AI stock valued at approximately $3.33 per share of LivePerson common stock, based on the April 21, 2026 announcement date.
That figure represents an approximate 22% premium over the 30-day volume-weighted average price of LivePerson shares in the period before the announcement was made.
The Board warned stockholders that choosing not to vote carries significant financial risk, as a failed merger would force LivePerson to continue operating as a standalone company facing numerous business challenges.
The company stated that if the transaction is not approved, stockholders could face a reorganization or restructuring in which they would in all likelihood receive no value for their shares.
LivePerson emphasized that, because the transaction requires a majority of all outstanding shares rather than just a majority of votes cast, a share not voted carries the same practical effect as a vote against the merger.
Stockholders can vote online at www.proxyvote.com, by calling 1-800-690-6903 with a proxy card, or by mailing a signed and dated proxy card in the postage-paid envelope provided.
Those with questions are encouraged to contact proxy solicitor MacKenzie Partners, Inc., toll-free at 1-800-322-2885 or by email at [email protected].
Stockholders holding shares through the Tel Aviv Stock Exchange are required to follow separate voting instructions outlined in the proxy statement.
Additional information on how to vote, along with supporting materials, is available at www.VoteLivePerson.com, where the Board’s letter has also been filed with the U.S. Securities and Exchange Commission.
