SoundHound AI Inc (SOUN)
Pitch Summary: AI wannabe (company’s AI does not work, it is operated all by humans); misled investors (the restaurant business is a disaster and the claimed massive backlog is a joke); executives are selling $9.8m of shares; Update 4/10/24 – Filed new $150mil ATM, as expected. Target price: $1 per share. BSD Analysis: AI-driven audio […]
