{"schema_version":"secwatch.filing_event.v1","accession":"0001840856-23-000004","form_type":"8-K","ticker":"SOUN","cik":"0001840856","company_name":"SOUNDHOUND AI, INC.","filed_at":"2023-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.041990+00:00","generated_at":"2026-06-20T16:40:51.331917+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SoundHound AI announces restructuring plan cutting 40% of workforce","bullets":["Reduces workforce by approximately 40% and cuts select office space.","Estimates total charges of $4.5M–$5.5M, mainly severance and benefits.","Expects $2M–$3M in cash expenditures; majority of charges in Q1 2023.","Aims to cut costs, improve margins, and accelerate path to profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001840856-23-000004","json":"https://secwatch.observer/filing/0001840856-23-000004.json","markdown":"https://secwatch.observer/filing/0001840856-23-000004.md","text":"https://secwatch.observer/filing/0001840856-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000004/0001840856-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000004/soun-20230105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T16:40:51.331917+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2268b8139b0275f2096eba07bbb734c73d106326","claim":"SOUNDHOUND AI, INC. announced a restructuring with charges of approximately $4.5 million to $5.5 million affecting the Company (approximately 40%).","evidence_excerpt":"are subject to local law and consultation requirements in certain countries, as well as the Company’s business needs. The Company estimates that it will incur approximately $4.5 million to $5.5 million in charges in connection with the Plan, of which the majority is expected to be incurred in the first quarter of 2023. These charges consist primarily of $4.4","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000004/0001840856-23-000004-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $4.5 million to $5.5 million"},{"label":"Affected area","value":"the Company"},{"label":"Headcount","value":"approximately 40%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}