SoundHound AI filed revised unaudited pro forma condensed combined financial statements related to its pending acquisition of LivePerson, Inc. These statements illustrate the estimated financial position and results of the combined company, assuming the merger had occurred on January 1, 2025.
Key Details
- Transaction Overview: The filing is in connection with the Amended and Restated Merger Agreement dated July 2, 2026. The pro forma financials also include the effects of SoundHound's acquisition of Interactions Corporation, which closed in September 2025.
- Preliminary Consideration: The estimated preliminary total consideration for the LivePerson acquisition is approximately $271.8 million. This consists primarily of SoundHound Class A common stock issued to settle LivePerson's secured notes (approx. $261.2 million in value) and to LivePerson shareholders ($42.8 million aggregate value), with a cash component capped at $7.5 million for certain shareholders.
- Pro Forma Periods: The revised financial information covers the year ended December 31, 2025, and the three-month period ended March 31, 2026.