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SoundHound AI Announces Date of 2023 Second Quarter Financial Results, Files S-3 Shelf Registration, Reports Strong Cash Position of Approximately $130 Million
SANTA CLARA, Calif.--(BUSINESS WIRE)-- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence announced that it will report its
About this update from Soundhound Ai, Inc.
[{"type":"text","content":" SANTA CLARA, Calif.--(BUSINESS WIRE)--\nSoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence announced that it will report its 2023 second quarter financial results on Tuesday, August 8, 2023. The company will host a conference call and webcast at 5:30 p.m. ET to review the results on the same day.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230725784842/en/SoundHound AI To Report 2023 Second Quarter Financial Results, Host Conference Call and Webcast on August 8 (Graphic: Business Wire)\nAs of June 30, 2023, the company had approximately $130 million of total cash. On July 24, 2023, the company filed a three year shelf registration statement on Form S-3 that will enable efficient access to capital if and when the company may have additional liquidity needs over the next few years. This filing and effectiveness of the shelf registration statement does not require the company to raise additional capital.\n\n\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.\n\n\nConference Call and Webcast Information\n\n\nKeyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call. A live webcast will be available at investors.soundhound.com and a replay will be available for 90 days at the same location.\n\n\nAbout SoundHound AI\n\n\nSoundHound AI (Nasdaq: SOUN), a global leader in conversational intelligence, offers voice AI solutions that let businesses offer incredible conversational experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via groundbreaking AI-driven products like Smart Answering, Smart Ordering, and Dynamic Interaction™, a real-time, multimodal customer service interface. Along with SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, SoundHound powers millions of products and services, and processes billions of interactions each year for world class business...