LivePerson’s board urged shareholders to vote “FOR” its pending acquisition by SoundHound AI ahead of an Aug. 20 special meeting.
Proxy advisers ISS and Glass Lewis backed the board’s recommendation, raising pressure on holders as the vote approaches.
The deal requires approval from a majority of all outstanding shares, so non-votes effectively count as “AGAINST.”
Merger consideration was valued at about $3.33 per share as of April 21, 2026, described as a 22% premium to the prior 30-day VWAP.
The board warned that a failed vote could leave shareholders exposed to debt and Nasdaq listing risks, including a potential reorganization with no equity value.
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