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, SOUNW
Exchange
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
Archimedes Tech Spac Partners Co
SEC CIK
Corporate docs
Subsidiaries
ATSPC Merger Sub, Inc. ...
SOUN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
PRE 14C
Preliminary information
2 Feb 23
D
$25.05 mm in equity, sold $25.05 mm, 25 investors
31 Jan 23
8-K
SoundHound AI Secures New Financing to Strengthen Balance Sheet; Pre-Announces Outperformance in 2022 Results
24 Jan 23
8-K
Cost Associated with Exit or Disposal Activities
11 Jan 23
S-1/A
IPO registration (amended)
22 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
EFFECT
Notice of effectiveness
14 Nov 22
8-K
SoundHound AI Reports Record Quarter With Significant Growth Across All Key Metrics
10 Nov 22
S-1/A
IPO registration (amended)
9 Nov 22
CORRESP
Correspondence with SEC
9 Nov 22
Transcripts
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| 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) | 33.64 mm | 33.64 mm | 33.64 mm | 33.64 mm | 33.64 mm | |
| Cash burn (monthly) | 10.53 mm | (no burn) | 9.35 mm | 8.82 mm | 1.05 mm | |
| Cash used (since last report) | 43.59 mm | n/a | 38.70 mm | 36.51 mm | 4.33 mm | |
| Cash remaining | -9.94 mm | n/a | -5.06 mm | -2.87 mm | 29.31 mm | |
| Runway (months of cash) | -0.9 | n/a | -0.5 | -0.3 | 28.0 | |
Institutional ownership, Q3 2022
33.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 37 |
| Opened positions | 9 |
| Closed positions | 25 |
| Increased positions | 4 |
| Reduced positions | 10 |
| 13F shares | Current |
|---|---|
| Total value | 307.83 mm |
| Total shares | 52.09 mm |
| Total puts | 85.80 k |
| Total calls | 170.40 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Global Catalyst Partners III L P | 35.19 mm | $253.00 mm |
| Anchorage Capital Group, L.L.C. | 3.20 mm | $10.49 mm |
| Cota Capital Management | 2.04 mm | $6.12 mm |
| BLK Blackrock | 1.76 mm | $5.77 mm |
| Vanguard | 1.60 mm | $5.24 mm |
| Kim | 1.50 mm | $4.92 mm |
| NMR Nomura | 1.07 mm | $3.46 mm |
| Geode Capital Management | 1.05 mm | $3.45 mm |
| Mirae Asset Global Investments | 976.63 k | $3.20 mm |
| KPCB DGF II Associates | 892.48 k | $2.93 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 26 Jan 23 | Timothy Stonehocker | Class A Common Stock | Sell | Dispose S | No | No | 1.4987 | 3,736 | 5.60 k | 1,070,380 |
| 20 Jan 23 | Ball Eric R. | Buy | Acquire P | No | No | 30 | 3,334 | 100.02 k | 3,334 | |
| 20 Jan 23 | Nitesh Sharan | Buy | Acquire P | No | No | 30 | 3,334 | 100.02 k | 3,334 | |
| 28 Dec 22 | Timothy Stonehocker | Class A Common Stock | Sell | Dispose S | No | No | 0.9999 | 3,385 | 3.38 k | 1,074,116 |
| 22 Nov 22 | Timothy Stonehocker | Class A Common Stock | Sell | Dispose S | No | No | 1.5901 | 46,213 | 73.48 k | 1,077,501 |
News
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31 Jan 23
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31 Jan 23
NXP Semiconductors, UBS Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
31 Jan 23
12 Information Technology Stocks Moving In Friday's Intraday Session
27 Jan 23
12 Information Technology Stocks Moving In Monday's Pre-Market Session
16 Jan 23
Press releases
Airmeez Deploys SoundHound to Deliver Effortless Conversational Experiences
26 Jan 23
SoundHound AI projects profitability within 2023 based on strong expected revenue growth and targeted cost reductions
5 Jan 23
Yobe Inc. to feature SoundHound for Restaurants at CES 2023, Unlocking the Value of Voice Technology in Noisy Public Spaces
22 Dec 22
Launch of SoundHound Dynamic Interaction Marks Groundbreaking New Era for Human-Computer Interaction
17 Nov 22
SoundHound AI Reports Record Quarter With Significant Growth Across All Key Metrics
10 Nov 22