LivePerson (NASDAQ: LPSN), a leading provider of predictable conversational AI, has secured stockholder approval for its proposed acquisition by SoundHound AI, Inc. (NASDAQ: SOUN).
The vote took place at a Special Meeting of Stockholders held on September 2, 2026, with shareholders backing the transaction by the required margin.
LivePerson CEO John Sabino welcomed the outcome, signaling confidence in the strategic direction the combined company will take.
Sabino said, “We are pleased with the results from our special meeting and thank our stockholders for their support as LivePerson takes this important step forward.”
He added, “We are now one step closer to joining forces with SoundHound AI, further strengthening our position in conversational AI and better positioning the combined business to serve customers and partners at scale.”
Sabino further stated, “We look forward to working closely with the SoundHound AI team to complete this transaction and deliver the significant value creation potential it offers our stockholders.”
The deal is expected to formally close on September 4, 2026, pending the satisfaction or waiver of customary closing conditions.
Final certified voting results from the Special Meeting are set to be reported in a Form 8-K filing submitted to the U.S. Securities and Exchange Commission.
LivePerson powers nearly a billion messages every month through its Conversational Cloud and Syntrix platforms, serving many of the world’s leading brands with AI-driven customer engagement tools.
The acquisition marks a significant consolidation within the conversational AI sector, bringing together two companies with deep expertise in enterprise-grade AI communication technologies.
SoundHound AI has been expanding its footprint across multiple industries, and the addition of LivePerson’s capabilities is expected to strengthen that position considerably.
The combined entity is anticipated to offer an enhanced suite of AI tools, richer data analytics, and broader reach across the enterprise customer base both companies currently serve.