ISS recommends LivePerson stockholders back SoundHound AI deal

Institutional Shareholder Services (ISS) has recommended that LivePerson (NASDAQ: LPSN) stockholders vote in favor of the company's proposed transaction with SoundHound AI (NASDAQ: SOUN), according to a statement from LivePerson.

ISS joins Glass Lewis, which issued a similar recommendation on Aug. 7, 2026. LivePerson's Special Meeting of Stockholders is scheduled for Aug. 20, 2026, where approval requires an affirmative vote from a majority of all outstanding shares of common stock.

In its analysis, ISS stated: "The sales process appears to have been thorough, the strategic rationale seems sound, and the stock form of consideration gives shareholders the opportunity to participate in the potential upside of a larger entity. In addition, there has been no public opposition to the transaction, and the company has specifically warned of delisting and substantial indebtedness leading to bankruptcy, should the company continue as a standalone entity."

John Sabino, CEO of SoundHound, said the endorsement "reinforces what our Board has determined throughout this process: joining forces with SoundHound AI represents the most secure, value-maximizing path for our stockholders."

LivePerson shares are also listed on the Tel Aviv Stock Exchange. Stockholders holding shares on that exchange must submit an ownership certificate confirming their holdings as of July 6, 2026, to participate in the vote.

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