Summary by Moomoo AI
SoundHound AI, Inc. officer Seyed Majid Emami is set to sell 700,000 common shares of the company, with an aggregate market value of approximately $4,025,000, on 02/27/2024. These shares were originally acquired as founders shares on 10/01/2005 directly from the issuer. This planned sale follows a recent transaction where Emami sold 750,000 shares on 02/26/2024, generating gross proceeds of $4,008,180. The notice of the upcoming sale was filed on the same day as the sale, 02/27/2024, with the plan for this transaction having been adopted on 09/01/2023.