SoundHound AI enters ATM agreement to sell up to $120M of Class A common stock

SOUNDHOUND AI, INC.

Up to $120M of Class A common stock may be sold through managers including Barclays, Piper Sandler, D.A. Davidson, H.C. Wainwright, and Joseph Gunnar.
Managers receive a 2.5% fixed commission on gross sales; sales at market prices or negotiated transactions.
Company has no obligation to sell shares; offering terminates upon agreement termination.
Shares issued under effective S-3 (333-273393) and new Rule 462(b) registration statement filed November 8, 2024.

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