On July 27, SoundHound AI Inc rose 8.66% in regular trading, trading at $6.6503/share, with turnover of $23.86 million. The rally was driven by news that all regulatory approval conditions for its proposed acquisition of LivePerson have been satisfied.

On July 24, the company disclosed that it received final foreign investment clearance from Bulgaria on July 20, completing the last of multiple regulatory approvals previously obtained from Italy, Canada, Germany, and the UK. The transaction now only requires LivePerson stockholder approval and other customary closing conditions before completion.

Under the deal terms announced in April, SoundHound AI will acquire LivePerson for $43 million and gain access to approximately $74 million in LivePerson cash balance. The combined entity is projected to reach a minimum revenue range of $350 million to $400 million, with at least $100 million in growable contribution from LivePerson's long-tenured customers. Wedbush has previously noted that the combined business could reach $500 million in revenue from the existing customer base alone, with LivePerson expected to become a larger growth driver in fiscal 2027.

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