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)
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
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
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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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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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) | 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) | 48.20 mm | n/a | 45.79 mm | 60.34 mm | 49.62 mm | 45.95 mm |
Cash remaining | 61.72 mm | n/a | 64.13 mm | 49.58 mm | 60.30 mm | 63.97 mm |
Runway (months of cash) | 9.4 | n/a | 10.3 | 6.1 | 9.0 | 10.3 |
Institutional ownership, Q4 2023
0.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 7 |
Closed positions | 108 |
Increased positions | 3 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 5.59 bn |
Total shares | 2.70 mm |
Total puts | 71.60 k |
Total calls | 140.00 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Mirae Asset Global Investments | 1.68 mm | $3.57 bn |
Raymond James & Associates | 773.43 k | $1.64 bn |
Good Life Advisors | 82.20 k | $174.26 mm |
Arizona State Retirement System | 56.81 k | $120.44 mm |
SG Americas Securities | 38.24 k | $81.00 k |
Cutler | 25.96 k | $55.00 k |
IAM Advisory | 13.77 k | $29.19 mm |
BSW Wealth Partners | 12.60 k | $26.71 mm |
Bleakley Financial | 10.09 k | $21.40 mm |
Fortitude Family Office | 3.42 k | $7.25 mm |
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
SoundHound's AI Is Fueling Revenue Surge From Strong Demand In Automotive And Restaurant Sectors: Analyst
10 May 24
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10 May 24
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10 May 24
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Press releases
SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash
9 May 24
Vocodia Conversational AI Technology Looks Attractive After Nvidia Reveals Quest For Specialized Technology
7 May 24
WiSA Technologies (NASDAQ: WISA) Set to Revolutionize Home Audio: Strategic Moves and New Partnerships Signal Strong Market Position
30 Apr 24
SoundHound AI To Report 2024 First Quarter Financial Results, Host Conference Call and Webcast on May 9
22 Apr 24
Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030
9 Apr 24