SOUN news

SoundHound reported a 48.5% year-over-year increase in Q3 2026 revenue and adjusted EBITDA profitability within the second half of 2027. The firm completed the acquisition of LivePerson during the quarter.

SoundHound AI has entered into a Registration Rights Agreement with LivePerson debt holders, securing their ability to resell securities following a merger agreement. This provision protects investors in the pending acquisition.

The company received a legal opinion regarding the valid issuance of 36.9 million Class A shares to selling stockholders, included in a prospectus supplement dated September 4, 2026. This legal clearance facilitates the resale of these shares as part of a restructuring agreement with LivePerson.

LivePerson's stockholders approved a transaction to be acquired by SoundHound AI, which is expected to close on September 4, 2026, subject to regulatory approvals.

LivePerson has mailed a letter encouraging stockholders to vote 'FOR' the proposed acquisition by SoundHound AI, highlighting the transaction's strategic and financial benefits while emphasizing the importance of voting.

SoundHound AI released unaudited pro forma financials combining SoundHound and LivePerson. The data reflects the impact of the LivePerson merger and Interactions acquisition to aid investors in evaluating the combined company's future performance.

SoundHound AI entered into an equity distribution agreement dated May 11, 2026 to sell up to $300 million in common stock through eight managers including Cantor Fitzgerald and D.A. Davidson. The offering allows the company to raise capital over time through an at-the-market or negotiated sale progr…