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.
![SoundHound AI Inc - Ordinary Shares logo](/files/LOGO/1840856-SOUN.png)
Company profile
Ticker
SOUN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Gen Digital • Activision Blizzard • 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
Other Events
27 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 24
8-K
Termination of a Material Definitive Agreement
10 Jun 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash
9 May 24
ARS
2023 FY
Annual report to shareholders
30 Apr 24
DEFR14A
Revised proxy
30 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
8-K
Entry into a Material Definitive Agreement
9 Apr 24
424B5
Prospectus supplement for primary offering
9 Apr 24
Transcripts
SOUN
Earnings call transcript
2024 Q1
9 May 24
SOUN
Earnings call transcript
2023 Q4
29 Feb 24
SOUN
Earnings call transcript
2023 Q3
9 Nov 23
SOUN
Earnings call transcript
2023 Q2
8 Aug 23
SOUN
Earnings call transcript
2023 Q2
8 Aug 23
SOUN
Earnings call transcript
2023 Q1
11 May 23
SOUN
Earnings call transcript
2022 Q4
7 Mar 23
SOUN
Earnings call transcript
2022 Q3
10 Nov 22
SOUN
Earnings call transcript
2022 Q2
12 Aug 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
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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) | 226.10 mm | 226.10 mm | 226.10 mm | 226.10 mm | 226.10 mm | 226.10 mm |
Cash burn (monthly) | (no burn) | (no burn) | 10.90 mm | 7.55 mm | 7.32 mm | 6.31 mm |
Cash used (since last report) | n/a | n/a | 42.16 mm | 29.20 mm | 28.28 mm | 24.38 mm |
Cash remaining | n/a | n/a | 183.94 mm | 196.90 mm | 197.82 mm | 201.72 mm |
Runway (months of cash) | n/a | n/a | 16.9 | 26.1 | 27.0 | 32.0 |
Institutional ownership, Q1 2024
21.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 238 |
Opened positions | 163 |
Closed positions | 31 |
Increased positions | 42 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 373.08 bn |
Total shares | 64.32 mm |
Total puts | 9.52 mm |
Total calls | 6.93 mm |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 16.07 mm | $94.65 bn |
BLK Blackrock | 12.34 mm | $72.70 bn |
STT State Street | 4.03 mm | $23.74 bn |
Geode Capital Management | 3.95 mm | $23.26 bn |
IVZ Invesco | 2.73 mm | $16.08 bn |
BAC Bank Of America | 1.82 mm | $10.71 bn |
NVDA NVIDIA | 1.73 mm | $10.19 bn |
MS Morgan Stanley | 1.72 mm | $10.15 bn |
NTRS Northern Trust | 1.41 mm | $8.29 bn |
Mirae Asset Global Investments | 1.26 mm | $2.84 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Jul 24 | Timothy Stonehocker | Class A Common Stock | Sell | Dispose S | No | Yes | 5.7523 | 208,000 | 1.20 mm | 659,531 |
27 Jun 24 | Ball Eric R. | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 121,506 | 0.00 | 259,888 |
27 Jun 24 | Ball Eric R. | Series A Preferred Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 3,334 | 0.00 | 0 |
27 Jun 24 | Nitesh Sharan | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 121,506 | 0.00 | 850,139 |
27 Jun 24 | Nitesh Sharan | Series A Preferred Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 3,334 | 0.00 | 0 |
20 Jun 24 | James Ming Hom | Class A Common Stock | Sell | Dispose S | No | No | 4.0399 | 16,716 | 67.53 k | 486,989 |
20 Jun 24 | Emami Majid | Class A Common Stock | Sell | Dispose S | No | No | 4.0399 | 16,716 | 67.53 k | 450,776 |
News
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Press releases
SoundHound AI To Report 2024 Second Quarter Financial Results, Host Conference Call and Webcast on August 8
24 Jul 24
BestGrowthStocks.Com Issues Analysis on the Next Beneficiaries of the AI Revolution
22 Jul 24
Beef 'O' Brady's Rolls Out SoundHound's Advanced Voice AI Ordering System
17 Jul 24
SoundHound Chat AI Launches in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe
10 Jul 24
SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem
20 Jun 24