Form 8-K
8-K — SOUNDHOUND AI, INC.
Accession: 0001213900-26-096796
Filed: 2026-09-02
Period: 2026-09-02
CIK: 0001840856
SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)
Item: Unregistered Sales of Equity Securities
Documents
8-K — ea0304366-8k425_sound.htm (Primary)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: ea0304366-8k425_sound.htm · Sequence: 1
false
0001840856
0001840856
2026-09-02
2026-09-02
0001840856
SOUN:ClassCommonStock0.0001ParValuePerShareMember
2026-09-02
2026-09-02
0001840856
SOUN:WarrantsEachExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50PerShareSubjectToAdjustmentMember
2026-09-02
2026-09-02
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
September 2, 2026
SOUNDHOUND AI, INC.
(Exact Name of Registrant as Specified in its
Charter)
Delaware
001-40193
85-1286799
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(IRS Employer
Identification No.)
5400 Betsy Ross Drive
Santa Clara, CA
95054
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s Telephone Number, Including
Area Code:
(408) 441-3200
Not applicable
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☒
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on which Registered
Class A Common Stock, $0.0001 par value per share
SOUN
The Nasdaq Stock Market LLC
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share, subject to adjustment
SOUNW
The Nasdaq Stock Market LLC
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.02
Unregistered Sales of Equity Securities
As previously disclosed, (a) on July 2, 2026,
SoundHound AI, Inc., a Delaware corporation (the “Company”), Lightspeed Merger Sub Inc., a Delaware corporation and
an indirect wholly owned subsidiary of the Company (“Merger Sub I”), Lightspeed Merger Sub II Inc., a Delaware corporation
and an indirect wholly owned subsidiary of the Company (“Merger Sub II”), and LivePerson, Inc., a Delaware corporation
(“LivePerson”), entered into an Amended and Restated Merger Agreement (the “Merger Agreement”),
pursuant to which, on the terms and subject to the conditions set forth therein, Merger Sub I will merge with and into LivePerson (the
“First Merger”), with LivePerson surviving the First Merger as an indirect wholly owned subsidiary of the Company and,
immediately following the First Merger, Merger Sub II will merge with and into LivePerson (the “Second Merger”, and,
together with the First Merger, the “Mergers”), with LivePerson surviving the Second Merger as an indirect wholly owned
subsidiary of the Company and (b) in connection with the closing of the Mergers (the “Closing”), on the date of such
Closing, the Company, LivePerson and each of the holders of LivePerson’s First Lien Convertible Secured Notes due 2029 (the “First
Lien Secured Notes”) and LivePerson’s Second Lien Senior Subordinated Secured Notes due 2029 (the “Second Lien
Secured Notes” and, together with the First Lien Secured Notes, the “Secured Notes”) will consummate the
transactions contemplated by the Notes Restructuring Agreement, dated as of April 21, 2026, by and among the Company, LivePerson and the
holders of the Secured Notes (the “Notes Restructuring Agreement”), pursuant to which, and on the terms and subject
to the conditions thereof, the holders of the Secured Notes will release and deem satisfied the Secured Notes for the consideration contemplated
thereby and further described below (the transactions contemplated by the Notes Restructuring Agreement, “Notes Restructuring
Transactions”).
As previously disclosed, the Closing is conditioned
upon, among other things, the receipt of LivePerson stockholder approval. As previously disclosed, a special meeting of the stockholders
of LivePerson was held at 10:00 a.m. Eastern Time on August 20, 2026, and was adjourned to 10:00 a.m. Eastern Time on September 2, 2026,
to allow LivePerson to solicit additional proxies to adopt the Merger Agreement and the transactions contemplated thereby, including the
Mergers (the “Merger Proposal”). At the reconvened special meeting of the LivePerson stockholders at 10:00 a.m. Eastern
Time on September 2, 2026, LivePerson’s stockholders, among other things, voted to approve the Merger Proposal. The approval of
the Merger Proposal by LivePerson’s stockholders satisfies the remaining conditions to Closing, other than those conditions that
will be satisfied at the Closing. Accordingly, the parties to the Merger Agreement expect to proceed with the consummation of the transactions
contemplated thereby, including the Mergers and the Notes Restructuring Transactions.
In addition, the Company and LivePerson have determined in accordance with the previously disclosed terms of the Merger Agreement that
(a) the Per Share Merger Consideration (as defined in the Merger Agreement) will be an amount equal to 0.4673 shares of Class A Common
Stock of the Company, par value $0.0001 per share, and (b) the Per Share Cash Merger Consideration (as defined in the Merger Agreement)
will be an amount in cash equal to $3.31.
1
Statement Regarding Forward-Looking Information
This communication contains statements regarding
the Company, LivePerson, the proposed transactions described herein and other matters that are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”). In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,”
“believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,”
“strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such
words or expressions. Statements in this communication concerning the timing and terms of the transactions contemplated by the Merger
Agreement, including the Mergers, and the Notes Restructuring Transactions, together with other statements that are not historical facts,
are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information.
Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results
may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below. Such
forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and
other factors, many of which the Company and LivePerson are unable to predict or control, that may cause actual results, performance or
plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These
statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements
as a result of a number of factors, including, but not limited to: (a) the risk that the transactions described herein will not be completed
or will not provide the expected benefits; (b) the risk that a condition to closing of the proposed transactions may not be satisfied
on a timely basis or at all; (c) the possible occurrence of an event, change or other circumstance that would give rise to the termination
of the Merger Agreement; (d) the risk of stockholder litigation in connection with the Mergers, including resulting expense or delay in
closing of the proposed transactions; (e) the failure of the proposed transactions to close for any other reason; (f) the diversion of
the attention of the Company and LivePerson management from ongoing business operations; (g) unexpected costs, liabilities, charges or
expenses resulting from the proposed transactions; (h) the risk that the integration of the Company and LivePerson will be more difficult,
time-consuming or expensive than anticipated; (i) the risk of customer loss or other business disruption in connection with the proposed
transactions, or of the loss of key employees; (j) the fact that unforeseen liabilities of the Company or LivePerson may exist; (k) changes
in applicable laws or regulations and extensive and evolving government regulations that impact the Company’s or LivePerson’s
operations and business; (l) investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings,
including with respect to AI technology; (m) risks that the Company may not be able to manage strains associated with its growth; (n)
dependence on key personnel; (o) stock price volatility; (p) the Company’s and LivePerson’s ability to protect their intellectual
property and litigation risks; (q) the risk that LivePerson’s usage patterns, customer renewals, customer outcomes and similar metrics
differ from expectations; (r) the risk of cybersecurity incidents or breaches impacting LivePerson’s business; (s) the risks related
to the use and regulation of artificial intelligence and machine learning; (t) general economic, financial, legal, political and business
conditions; and (u) other risks inherent in the Company’s and LivePerson’s businesses.
All such factors are difficult to predict, are
beyond the Company’s and LivePerson’s control, and are subject to additional risks and uncertainties, including those detailed
in the Company’s annual report on Form 10-K for the year ended December 31, 2025, and those detailed in LivePerson’s annual
report on Form 10-K for the year ended December 31, 2025 and LivePerson’s Quarterly Reports on Form 10-Q for the quarterly periods
ended March 31, 2026 and June 30, 2026. These risks, as well as other risks related to the proposed transactions, are included in the
Form S-4 and proxy statement/prospectus that the Company and LivePerson filed with the SEC in connection with the proposed transaction.
Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Neither the Company
nor LivePerson undertakes any obligation to publicly update any forward-looking statement, whether as a result of new information, future
events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements
that speak only as of the date hereof.
No Offer or Solicitation
This communication is for informational purposes
only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
2
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
SOUNDHOUND AI, INC.
Date: September 2, 2026
By:
/s/ Keyvan Mohajer
Name:
Keyvan Mohajer
Title:
Chief Executive Officer
3
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 7
v3.26.1
Cover
Sep. 02, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
Sep. 02, 2026
Entity File Number
001-40193
Entity Registrant Name
SOUNDHOUND AI, INC.
Entity Central Index Key
0001840856
Entity Tax Identification Number
85-1286799
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
5400 Betsy Ross Drive
Entity Address, City or Town
Santa Clara
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
95054
City Area Code
408
Local Phone Number
441-3200
Written Communications
true
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
Class A Common Stock, $0.0001 par value per share
Title of 12(b) Security
Class A Common Stock, $0.0001 par value per share
Trading Symbol
SOUN
Security Exchange Name
NASDAQ
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share, subject to adjustment
Title of 12(b) Security
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share, subject to adjustment
Trading Symbol
SOUNW
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=SOUN_ClassCommonStock0.0001ParValuePerShareMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=SOUN_WarrantsEachExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50PerShareSubjectToAdjustmentMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: