Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | SOUN | Class B Common Stock | Apr 26, 2022 | Class A Common Stock | 5.17M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents the issuance of the Issuer's securities in exchange for securities of SoundHound, Inc. ("SoundHound") pursuant to that certain Merger Agreement, dated as of November 15, 2021, by and among Archimedes Tech SPAC Partners Co., ATSPC Merger Sub, Inc. and SoundHound. |
F2 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified in the Issuer's Second Amended and Restated Certificate of Incorporation. The Class B Common Stock has no expiration date. |