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SoundHound AI | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(4.5%)

SEC announcement ·  Apr 6 01:23
Summary by Futu AI
On March 31, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), indicating a change in its holdings in SoundHound AI, a company specializing in AI technology. The filing revealed that BlackRock now beneficially owns 12,343,093 shares of SoundHound AI's Class A Common Stock, which represents 4.5% of the class. This marks a decrease from a previous holding, as BlackRock has checked the box indicating it now owns 5 percent or less of the class of securities. The filing, dated April 5, 2024, includes a certification that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of SoundHound AI.
On March 31, 2024, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), indicating a change in its holdings in SoundHound AI, a company specializing in AI technology. The filing revealed that BlackRock now beneficially owns 12,343,093 shares of SoundHound AI's Class A Common Stock, which represents 4.5% of the class. This marks a decrease from a previous holding, as BlackRock has checked the box indicating it now owns 5 percent or less of the class of securities. The filing, dated April 5, 2024, includes a certification that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of SoundHound AI.

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