---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-067732"
form_type: "8-K"
ticker: "SOUN"
cik: "0001840856"
company_name: "SOUNDHOUND AI, INC."
filed_at: "2021-12-28T23:59:59+00:00"
generated_at: "2026-06-27T22:12:24.786768+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Archimedes Tech SPAC restates financials to reclassify public shares as temporary equity

## Summary
- Management and audit committee on Dec 21, 2021 concluded prior financials should no longer be relied upon.
- Audited balance sheet as of March 15, 2021 and unaudited Q1 2021 interim statements to be restated.
- All public shares will be reclassified from permanent equity to temporary equity per ASC 480-10-S99-3A.
- No impact on cash position or trust account balance is expected from the restatement.
- Material weakness identified in internal control over financial reporting; remediation plan in Q3 10-Q/A.

## SEC filing metadata
- accession: 0001213900-21-067732
- form_type: 8-K
- ticker: SOUN
- cik: 0001840856
- company_name: SOUNDHOUND AI, INC.
- filed_at: 2021-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840856/000121390021067732/0001213900-21-067732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840856/000121390021067732/ea153112-8k_archimedes.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-067732
- JSON: https://secwatch.observer/filing/0001213900-21-067732.json
- Plain text: https://secwatch.observer/filing/0001213900-21-067732.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.