{"schema_version":"secwatch.filing_event.v1","accession":"0001840856-23-000008","form_type":"8-K","ticker":"SOUN","cik":"0001840856","company_name":"SOUNDHOUND AI, INC.","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.042214+00:00","generated_at":"2026-06-20T10:59:28.084389+00:00","sec_items":["1.01","3.03","3.02","2.02","5.03","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SoundHound AI raises $25M in preferred equity; pre-announces ~$31M 2022 revenue at high-end of guidance","bullets":["Closed $25M oversubscribed Series A preferred equity financing on Jan 20 from current and new investors.","Preliminary 2022 revenue ~$31M, at high-end of prior guidance; gross margins >70%.","Expects 2023 revenue growth ~50% YoY, supported by over $300M bookings and cost savings >$60M.","Refinancing debt with new facility to provide incremental capital and defer amortization payments.","Key partnerships include Qualcomm, Hyundai, Stellantis, VIZIO, Square, and Toast."],"urls":{"canonical":"https://secwatch.observer/filing/0001840856-23-000008","json":"https://secwatch.observer/filing/0001840856-23-000008.json","markdown":"https://secwatch.observer/filing/0001840856-23-000008.md","text":"https://secwatch.observer/filing/0001840856-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000008/0001840856-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000008/soun-20230120.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:59:28.084389+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":"40314f504d581e3e70d2cde68f67aa7c6c9af2d4","claim":"SOUNDHOUND AI, INC. reported fiscal year 2022 results: revenue approximately $31 million.","evidence_excerpt":"SoundHound pre-announces strong preliminary 2022 results with revenue of approximately $31 million, at the high-end of its prior guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000008/0001840856-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2022"},{"label":"Revenue","value":"approximately $31 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"c0dda1f52109878d920e81b652426bc047ce7a02","claim":"SOUNDHOUND AI, INC.: Filed Certificate of Designations for Series A Preferred Stock, designating 1,000,000 shares with specific rights, preferences, and limitations (effective 2023-01-20).","evidence_excerpt":"On January 20, 2023, in connection with the Transaction, the Company filed a Certificate of Designations of Preferences, Rights and Limitations of the Series A Preferred Stock with the Secretary of State of the State of Delaware (the “Certificate of Designations”), designating 1,000,000 shares of Series A Preferred Stock with an original issue price of $30.00 per share, which became effective with the Secretary of State of the State of Delaware upon filing.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000008/0001840856-23-000008-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-01-20"}],"fact_type":"governance_change"},{"claim_id":"f72e0c8dd054e26c88e5dc556a21795dcc50d300","claim":"SOUNDHOUND AI, INC. entered into Preferred Stock Purchase Agreements with certain investors valued at approximately $25 million (effective 2023-01-20).","evidence_excerpt":"On or around January 20, 2023 (the “Closing Date”), SoundHound AI, Inc. (the “Company”) entered into Preferred Stock Purchase Agreements (the “Purchase Agreements”) with certain investors (the “Investors”) pursuant to which the Company issued and sold to the Investors an aggregate of 835,011 shares of its newly designated Series A Convertible Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”) for an aggregate issue price of approximately $25 million (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840856/000184085623000008/0001840856-23-000008-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain investors"},{"label":"Value","value":"approximately $25 million"},{"label":"Effective","value":"2023-01-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}