Archimedes Tech SPAC Partners Co. (the “Company”) is a blank check company formed under the laws of the State of Delaware on September 15, 2020. The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar Business Combination with one or more businesses or entities (the “Business Combination”). None of the Company’s officers, directors, promoters and other affiliates has engaged in any substantive discussions on its behalf with representatives of other companies regarding the possibility of a potential Business Combination. The Company’s focus will be on the artificial intelligence, cloud services and automotive technology sectors. However, the Company is not limited to the technology industry, or these sectors therein, and the Company may pursue a Business Combination opportunity in any business or industry it chooses and it may pursue a company with operations or opportunities outside of the United States.
Company profile
Ticker
SOUN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
Archimedes Tech Spac Partners Co
SEC CIK
Corporate docs
Subsidiaries
ATSPC Merger Sub, Inc. ...
SOUN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
9 Apr 24
424B5
Prospectus supplement for primary offering
9 Apr 24
S-8
Registration of securities for employees
8 Apr 24
10-K
2023 FY
Annual report
1 Mar 24
NT 10-K
Notice of late annual filing
1 Mar 24
8-K
SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4
29 Feb 24
8-K
Completion of Acquisition or Disposition of Assets
3 Jan 24
8-K
SoundHound AI to Acquire SYNQ3 to Expand Its AI Customer Service Solutions and Create the Largest Voice AI Provider for Restaurants
7 Dec 23
10-Q
2023 Q3
Quarterly report
15 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
Latest ownership filings
SC 13G/A
BlackRock Inc.
5 Apr 24
4
KEYVAN MOHAJER
22 Mar 24
144
Notice of proposed sale of securities
22 Mar 24
4
TIMOTHY STONEHOCKER
21 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
KEYVAN MOHAJER
21 Mar 24
4
MICHAEL ZAGORSEK
21 Mar 24
4
MAJID EMAMI
21 Mar 24
4
JAMES MING HOM
21 Mar 24
4/A
JAMES MING HOM
21 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
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Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.92 mm | 109.92 mm | 109.92 mm | 109.92 mm | 109.92 mm | 109.92 mm |
Cash burn (monthly) | 6.54 mm | (no burn) | 6.21 mm | 8.19 mm | 6.73 mm | 6.23 mm |
Cash used (since last report) | 43.57 mm | n/a | 41.39 mm | 54.53 mm | 44.85 mm | 41.53 mm |
Cash remaining | 66.35 mm | n/a | 68.54 mm | 55.39 mm | 65.08 mm | 68.39 mm |
Runway (months of cash) | 10.1 | n/a | 11.0 | 6.8 | 9.7 | 11.0 |
Institutional ownership, Q3 2023
19.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 120 |
Opened positions | 34 |
Closed positions | 25 |
Increased positions | 45 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 111.56 bn |
Total shares | 54.87 mm |
Total puts | 1.04 mm |
Total calls | 1.60 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.17 mm | $26.47 bn |
BLK Blackrock | 11.24 mm | $22.59 bn |
STT State Street | 3.94 mm | $7.91 bn |
Geode Capital Management | 3.49 mm | $7.02 bn |
Intrinsic Edge Capital Management | 3.28 mm | $6.60 bn |
Anchorage Capital Group, L.L.C. | 3.20 mm | $6.43 bn |
Mirae Asset Global Investments | 1.73 mm | $3.49 bn |
Charles Schwab Investment Management | 1.44 mm | $2.90 bn |
TFC Truist Financial | 1.41 mm | $2.84 bn |
NTRS Northern Trust | 1.38 mm | $2.78 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Mohajer Keyvan | Class A Common Stock | Sell | Dispose S | No | Yes | 6.0778 | 31,665 | 192.45 k | 1,137,831 |
21 Mar 24 | Timothy Stonehocker | Class A Common Stock | Sell | Dispose S | No | No | 7.6961 | 5,276 | 40.60 k | 982,584 |
19 Mar 24 | Michael Zagorsek | Class A Common Stock | Sell | Dispose S | No | No | 8.3656 | 24,105 | 201.65 k | 776,852 |
19 Mar 24 | Emami Majid | Class A Common Stock | Sell | Dispose S | No | No | 8.3656 | 17,041 | 142.56 k | 467,492 |
19 Mar 24 | James Ming Hom | Class A Common Stock | Sell | Dispose S | No | No | 8.3656 | 17,041 | 142.56 k | 495,691 |
News
Check Out What Whales Are Doing With SOUN
15 Apr 24
Analyst Expectations For SoundHound AI's Future
11 Apr 24
Cantor Fitzgerald Upgrades SoundHound AI to Neutral, Announces $4.9 Price Target
11 Apr 24
Why SoundHound AI Stock Is Moving Lower Wednesday
10 Apr 24
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
10 Apr 24
Press releases
Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030
9 Apr 24
Revolutionizing Medical Histories: Treatment AI's (CSE: TRUE) Pioneering Approach to Culturally Sensitive Data Collection
2 Apr 24
Thinking about buying stock in Ocugen, Akebia Therapeutics, Mind Medicine, SoundHound AI, or Canopy Growth?
28 Mar 24
Thinking about trading options or stock in Palantir Technologies, Advanced Micro Devices., Apple, SoundHound AI, or Eastman Chemical?
26 Mar 24
First for Japan as SoundHound AI's Voice Assistant With Integrated ChatGPT Launches in Stellantis DS Automobiles
25 Mar 24