SoundHound AI, Inc. (SOUNW) Warrant
Each SOUNW warrant gives the holder the right to buy 1 share of SoundHound AI, Inc. at $11.50 per share, until April 26, 2027. The stock last closed at $5.84, below the strike, so the warrant is out of the money. SoundHound AI, Inc. has a market value of about $2.59B. There are 3.65M listed warrants; exercising all of them would add 0.8% to the 444.11M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-04-26
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.05
From the issuer's S-1/A (2021-03-01).
Company and stock
- Company
- SoundHound AI, Inc.
- Underlying stock
- SOUN
- Share price
- $5.84
- Market cap
- $2.59B
- Shares outstanding
- 444.11M
- 12-month range
- $5.70 – $21.40
- 12-month change
- -64%
- Value of all listed warrants
- $2.01M (0.1% of market cap)
- Industry
- Services: Prepackaged Software
- Head office
- Claymont, DE
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.5500
- Price / model
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Dilution
- Shares outstanding
- 444.11M
- Listed warrants
- 3.65M
- Dilution if all exercised
- 0.8%
Warrant count from filing text: public warrants.
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about SOUNW
When does the SOUNW warrant expire?
SOUNW expires on April 26, 2027.
What is the strike price of SOUNW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can SoundHound AI, Inc. redeem the SOUNW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many SOUNW warrants are outstanding?
3.65M listed warrants, equal to 0.8% dilution if all are exercised.
Related warrants
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