Kirby McInerney LLP Announces Investigation Against SoundHound AI, Inc. (SOUN) on Behalf of Investors

Core Viewpoint - Kirby McInerney LLP is investigating potential claims against SoundHound AI, Inc. regarding possible violations of federal securities laws and unlawful business practices [1]. Group 1: Investigation Details - The investigation focuses on whether SoundHound and/or its officers have engaged in unlawful business practices [1]. - The law firm is reaching out to individuals who purchased or acquired SoundHound securities for information related to the investigation [4]. Group 2: Financial Reporting Issues - On March 4, 2025, SoundHound filed a Notification of Late Filing with the SEC, indicating it would not file its 10-K annual report for the fiscal year ended December 31, 2024, on time [3]. - The company cited the complexity of accounting for prior acquisitions as a reason for the delay and identified material weaknesses in its internal control over financial reporting [3]. - SoundHound expects to file its Form 10-K by March 18, 2025, within the fifteen-day period allowed under Rule 12b-25 [3]. - Following this announcement, SoundHound's share price fell by $0.60, closing at$9.72 on March 4, 2025, down from $10.32 on March 3, 2025 [3].