SCHEDULE: Bank of America Discloses 3.4% Stake in SoundHound AI

Bank of America Corporation has filed an amended Schedule 13G, disclosing a 3.4% beneficial ownership stake in SoundHound AI, Inc.'s Class A Common Stock.

Summary

• Bank of America Corp /DE/ reported beneficial ownership of 12,664,189 shares of SoundHound AI, Inc. Class A Common Stock.
• This represents 3.4% of the total Class A Common Stock outstanding.
• Bank of America holds shared voting power over 12,477,814 shares and shared dispositive power over 12,544,862 shares.
• The shares were acquired in the ordinary course of business and not for the purpose of changing or influencing control of SoundHound AI, Inc.
• Bank of America Corporation filed this statement on behalf of itself and its wholly-owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch Pierce Fenner & Smith, Inc., U.S. Trust Co of Delaware, and Merrill Lynch International.

Sentiment

Score: 7

Explanation: The filing indicates a significant institutional investment by Bank of America in SoundHound AI, which can be interpreted positively as a vote of confidence. However, it is a routine disclosure and does not contain performance-related news from the issuer.

Positives

• A major financial institution like Bank of America holding a significant stake (3.4%) can be interpreted as a vote of confidence in SoundHound AI, Inc.
• The acquisition of shares was stated to be in the ordinary course of business, suggesting a routine investment rather than an aggressive move for control.

Future Outlook

This statement is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from SoundHound AI, Inc. or Bank of America regarding future performance or strategy. The 'Date of Event Which Requires Filing of this Statement' is listed as 09/30/2025, and the statement was signed on 11/14/2025.

Management Comments

• Bank of America Corp /DE/ certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of SoundHound AI, Inc.

Industry Context

This Schedule 13G filing indicates a significant institutional investment by Bank of America in SoundHound AI, a company operating in the voice AI and conversational intelligence sector. Such investments by major financial institutions can signal growing confidence in the long-term prospects of AI technology companies, potentially influencing broader market sentiment towards the sector.

Comparison to Industry Standards

• This is a standard regulatory disclosure of beneficial ownership by a large institutional investor. It does not provide performance metrics for SoundHound AI, Inc. that would allow for a direct comparison to industry standards or specific comparable companies/projects.
• The 3.4% stake is a notable position for an institutional investor, but its significance is relative to the overall market capitalization and float of SoundHound AI, Inc. without further context.

Stakeholder Impact

• Shareholders: May view the institutional investment by Bank of America as a positive signal, potentially increasing confidence in the stock.
• Management: The certification that the stake is not for control purposes suggests Bank of America is a passive investor, which may reduce immediate pressure on management.

Next Steps

• No specific future actions or milestones for SoundHound AI, Inc. are mentioned. Bank of America will continue to monitor its investment and file further amendments if its beneficial ownership changes significantly.

Key Dates

Recommendation

This Schedule 13G filing indicates a significant institutional stake by Bank of America in SoundHound AI, which is generally a positive signal of institutional confidence. However, the filing itself does not provide new operational or financial performance data for SoundHound AI, Inc. to warrant a change in investment thesis. It primarily confirms a notable ownership position by a major financial entity. Investors should 'hold' their position and await further operational updates from SoundHound AI, Inc. to assess fundamental performance.

Keywords

SoundHound AI, Bank of America, Schedule 13G, Class A Common Stock, Beneficial Ownership, Institutional Investment, Voice AI