ATLANTA, GA – – (Globe Newswire – August 1, 2023) – – Holzer & Holzer, LLC is investigating whether SoundHound AI, Inc. (“SoundHound” or “the Company”) (NASDAQ: SOUN) complied with federal securities laws.  On July 27, 2023, Culper Research published a report alleging that the Company is “a flailing AI wannabe claiming to have revolutionary technology, a growing restaurant business, and a massive backlog of contracts. In our view, SoundHound has misled investors on each of these items: the Company’s AI simply doesn’t work.” Following this news, the price of the Company’s stock dropped.

If you purchased SoundHound stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/soundhound/ to discuss your legal rights.