secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDHOUND AI, INC. (SOUN)
CIK:        0001840856
Form:       8-K/A
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001840856-24-000033
Event type: m_and_a
Sentiment:  negative
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amelia Holdings acquired by SoundHound; auditor flags going concern with $66.4M net loss in 2023
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- Amelia FY2023 revenue $93.3M, net loss $66.4M, negative stockholders' deficit $227.6M.
- Auditor raised substantial doubt about Amelia's ability to continue as going concern; cash only $11.4M at Dec 31, 2023.
- Acquisition closed Aug 6, 2024; pro forma combined financials for six months ended June 30, 2024 included as exhibit.
- Amelia's audited financials for FY2023 and FY2022 and unaudited interim statements provided in this 8-K/A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840856/000184085624000033/0001840856-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840856/000184085624000033/soun-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001840856-24-000033

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