secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDHOUND AI, INC. (SOUN)
CIK:        0001840856
Form:       8-K
Filed at:   2022-04-25T23:59:59+00:00
Accession:  0001213900-22-021445
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Archimedes Tech SPAC Partners issues $167,955 promissory note to CEO affiliate for working capital
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- Issued unsecured promissory note of $167,954.68 to SPAC Partners LLC, an affiliate of CEO Stephen N. Cannon.
- Note bears no interest, matures upon consummation of initial business combination.
- If no business combination, principal balance forgiven; proceeds used for franchise taxes.
- Note is unsecured; company is a SPAC with trust account protections for public stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840856/000121390022021445/0001213900-22-021445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840856/000121390022021445/ea158787-8k_archimedes.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-021445

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