secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDHOUND AI, INC. (SOUN)
CIK:        0001840856
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0001213900-22-019844
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Archimedes SPAC adds $2M PIPE; SoundHound CEO lock-up extended to 1 year
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- New subscriber to buy 200,000 shares at $10/share, increasing PIPE to $113M (11.3M shares total).
- SoundHound CEO Keyvan Mohajer's lock-up extended from 6 months to 1 year post-merger.
- Subscription and PIPE are contingent upon closing of merger with SoundHound (announced Nov 15, 2021).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840856/000121390022019844/0001213900-22-019844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840856/000121390022019844/ea158454-8k425_archim.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-019844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer