I'm rooting for all of you but I got too scared and sold my 10,000 shares for a $7K loss this morning. It bothered me that they didn't mention the dilution in last week's call. It's been a wild run and I have no doubt that agentic AI is the future but the longer it takes the less confident I am that Soundhound will be the market leader and the tone of the earnings call made me question their own confidence. If I didn't already have a number of risky stocks in my portfolio I might be a buyer at the current price

https://preview.redd.it/bn5zp1x0sp0h1.png?width=1957&format=png&auto=webp&s=95ebc16b5a3c7eb6f051b0aed012aec5fc1ad06a

Just so everyone understands the motivation behind I gave up and sold posts. The goal is to make investors think it’s normal to lose all their money by panic selling. This one post claims a supposed investor was up $90,000 and never sold, then says he kept buying all the way down and suddenly “gave up.” Think about how ridiculous that sounds. If someone truly believed the company was dead, they wouldn’t keep buying more shares the entire way down.

These are classic fear posts designed to shake weak investors out of their positions. The game is simple: create panic, spread hopelessness, trigger emotional selling, then let the shorts and market makers clean up the cheap shares.

Here’s the reality: investing is about making money, not donating your shares to short sellers because of fake emotional stories on message boards. Analysts still have price targets in the teens, the company continues to grow, and the long-term story has not changed overnight because of some anonymous “I finally sold” post.

Learn the tricks:
• Fake surrender posts
• “I lost everything” stories
• Sudden doom-and-gloom after red days
• Pretending to be long-term holders who “finally gave up”
• Trying to create fear and exhaustion

That’s how weak hands get manipulated.

Do your own research, understand the games being played, and stop letting anonymous posters control your emotions.

Anybody else holding and buying like a fool? 🤣 I just bought 25 more shares today while they were down 13% 😭

It just seems like such a good idea high risk high reward. Who else is on this train?

How long have you been watching SoundHound AI?

Well boys, I finally sold.

Took about a 50% loss overall, around £1.6k down. I’m pretty new to investing so this was honestly a rough lesson for me. Accounted for about 10% of my portfolio overall and defo the most volatile investment I owned.

Before anyone says why sell now - it wasn’t even really about whether SOUN succeeds or fails long term. I actually still think there’s a chance the company does really well one day. The problem was me obsessively watching it every single day and hoping for some massive breakout.

Maybe I’ll regret selling in 5 years. Maybe this thing eventually moons and you guys all win big. Genuinely hope it does for those still holding.

But for me personally, taking the loss and moving on really felt like the right decision.

Watching the chart. Adding aggressively after is hit and stays there a bit

The real main knock is not dilution it the liars like CNBC's Cramer calling SoundHound AI a “meme stock” while ignoring the actual business. Do you know that bogus comment cost Soundhound almost 6 dollars a share? The main knock was all those fake class action lawsuit headlines from every ambulance chaser out there that went nowhere. The main knock is the same recycled garbage from Seeking Alpha, Yahoo Finance, TipRanks, and Motley Fool. One day they tell you SoundHound could make investors rich, the next day they act like the company is finished. Meanwhile, SoundHound keeps signing real deals, including Casey’s one of the largest convenience store chains in America and somehow the stock drops. That is the real story: constant noise trying to destroy confidence in a company that should be trading much higher. Then you have guys with 75 shares writing dramatic speeches about how they “gave up,” like the whole market is supposed to care. SoundHound AI is not SFIO. It is not QBID. It is not some dead penny stock lottery ticket. If that is the league you are trading in, maybe it is time to move on.

Filed May 11, 2026. Form S-3 Registration Statement. If you didn't catch it, that's exactly the point — it was filed with zero fanfare the day after the earnings call where management said absolutely nothing about it.

Here's the full breakdown of what this actually means.

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What was filed

Two things in one document:

First, a shelf registration. This gives SoundHound the ability to sell an indeterminate amount of common stock, preferred stock, warrants, debt securities, and basically any financial instrument they want at any point in the future. It's a blank check.

Second, and more immediately relevant. An At-The-Market (ATM) offering program of up to $300,000,000 of Class A common stock. The eight broker-dealers executing this are Cantor Fitzgerald, D.A. Davidson, H.C. Wainwright, Roth Capital Partners, Northland Securities, Ladenburg Thalmann, Wedbush Securities, and Joseph Gunnar.

Here's the part that should concern every shareholder: SoundHound checked the Rule 462(e) box on this filing. That means it became automatically effective the moment it was filed. No waiting period. No additional shareholder notice. They can start selling shares into the open market right now.

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The dilution math — every number

Current share count as of December 31, 2025:

- Class A shares: 390,070,691

- Class B shares: 32,535,408

- Total: 422,606,099 shares

That's before any of the following, which are all excluded from that number:

- 15,971,969 shares from RSU vesting

- 3,883,413 shares from stock options (weighted average exercise price $4.55)

- 3,654,115 shares from warrants ($11.50 exercise price)

- 20,844,261 shares tied to acquisition milestones for Synq3 and Amelia

- LivePerson acquisition shares — not yet quantified, entirely unknown

Now add the new ATM. The filing uses $8.88 per share as the reference price (May 8 close). At that price, $300 million = approximately 33,783,784 new shares.

That is an 8% dilution of the current share count from this program alone.

Add everything together and you're potentially looking at a total share count of 500 million or more. Roughly 18%+ dilution from today's base before even accounting for LivePerson.

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Why an ATM is worse than a standard secondary offering

A traditional secondary offering happens at a fixed price, on a known date, with a public announcement. Investors can see it coming and price it in.

An ATM is different. Shares get dripped into the open market continuously through broker-dealers with no announcement, no fixed price, and no timeline. The eight firms listed can execute sales on any trading day without any notice to shareholders. Every time the stock tries to rally, management has more incentive to sell into it, which mechanically caps upside. It creates a permanent supply overhang on the stock.

This is the most shareholder-unfriendly form of equity issuance that exists.

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The context that makes this worse

This is not the first time. In all of 2025, SoundHound issued 13,913,014 shares through at-the-market programs. The new program authorizes more than double that in dollar terms. This is a serial dilution pattern spanning multiple years:

ATM in 2023. ATM in 2024. ATM in 2025. Now another $300M ATM in 2026.

Companies that generate strong cash flow do not need to continuously sell stock at market prices to fund operations. This filing confirms that SoundHound is still burning cash and funding itself through share issuance. The revenue growth story has to work eventually, but shareholders keep getting diluted while waiting for it.

The LivePerson acquisition adds another layer. More shares being issued for an acquisition on top of everything else, with the exact amount still unquantified.

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The earnings call problem

This is the part I find genuinely difficult to defend.

The Q1 2026 earnings call happened. Management discussed results, guidance, and the business outlook. At no point was this filing mentioned. The S-3 was filed the following day.

Shareholders listening to that call had no idea this was coming. That is a transparency problem. You can debate whether there was a legal obligation to disclose it on the call. There arguably wasn't, but the question of whether management should have flagged a $300M dilution event to the people who own the company is not really a debate. They should have. They didn't.

This is also why the CFO departure has been on my mind. Whoever was in that seat knew this filing was in preparation. The timing is not a coincidence.

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What happens from here

Short term, the filing is already effective so selling can start immediately. Expect the stock to face selling pressure as the market digests this. Shorts will use it as ammunition. Analysts who update their models will mechanically lower per-share targets as the share count increases.

Medium term, the ATM creates a ceiling on rallies. Every time the stock moves higher, it becomes more attractive for management to issue shares into the strength. That dynamic will persist until the program is exhausted or until the business becomes genuinely cash generative and no longer needs external financing.

Long term, the question becomes whether the revenue growth trajectory (the company guided for $225-260M in 2026 with improving margins) eventually gets the business to the point where it self-funds. If it does, dilution slows and the stock can re-rate. If it doesn't, we keep having this conversation.

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Bottom line

This is real dilution. $300M of new shares at market prices, already effective as of May 11, on top of 422 million shares already outstanding plus 44+ million more in the pipeline from RSUs, options, warrants, and acquisition milestones, plus an unknown amount for LivePerson.

The operational business is not the issue. Revenue is growing, margins are improving, and the AI voice space is real. The issue is a management team that keeps funding growth through shareholder dilution without telling shareholders it's happening until after the fact.

That's worth being clear-eyed about regardless of your conviction in the long-term thesis.

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This is based on the Form S-3 filed with the SEC on May 11, 2026, filing number 0001213900-26-054600. All figures are taken directly from that document.

Short interest is 40% and borrow rate is about 40%. MMs have about 40,000 contracts of the $10 calls exp Friday. They are gonna hedge when they cover the shares they are shorting. I’m buying a bunch of the $10 call exp Friday tomorrow.

I have about 5.5k shares

Chill 💎🚀

41 percent of the posts here are bullshit trying to get you to sell. Double up on your position

https://www.tipranks.com/news/blurbs/analysts-are-bullish-on-top-technology-stocks-advanced-micro-devices-amd-soundhound-ai-inc-class-a-soun-blurbs-news

I was going through SoundHound's ($SOUN) Q1 2026 report and honestly, I'm genuinely impressed.

Here is why I'm seriously considering adding to my position after today's earning:

- They just posted $44.2M for Q1, which is a 52% jump year-over-year. But the crazy part is, if you strip out their recent acquisitions, their core business (automotive and IoT) actually grew 88%. They’re sitting on $216 million in cash and have zero debt, which gives them a massive cushion.

- They just launched a platform called OASYS, and it sounds like a massive leap forward. Instead of just basic voice recognition, it’s essentially "AI that builds AI." Businesses can use it to spin up self-learning AI agents for drive-thrus, phones, or kiosks in minutes instead of months. It ingests the company's data, builds the agent, and continuously updates itself.

- They are acquiring LivePerson, which is huge because it gives them an instant, massive pipeline of enterprise customers to sell OASYS to. Because of this, they are now projecting $350M to $400M in revenue by 2027.

-Just look at who is already using them. (credit to Treehugger670)

Automotive and Mobility

• Stellantis – SoundHound provides in-vehicle voice AI assistants across multiple Stellantis automotive brands.
• Hyundai / Genesis – SoundHound powers embedded voice assistants in Hyundai and Genesis vehicles.
• Kia – SoundHound supplies a custom in-car voice assistant for Kia vehicles in select global markets.
• Honda – SoundHound delivers voice AI functionality for Honda vehicles in Europe.
• Togg – SoundHound provides a branded intelligent voice assistant for Togg's electric vehicles.
• HARMAN – SoundHound integrates voice AI into HARMAN's automotive and connected-car platforms.
• TomTom – SoundHound integrates conversational voice AI with TomTom's navigation systems.
• Parkopedia – SoundHound enables voice-controlled parking search and payment inside vehicles.
• Tencent Intelligent Mobility – SoundHound integrates conversational voice AI into Tencent's cloud-based intelligent cockpit platforms for automotive OEMs.
• Intellias – Engineering partner implementing generative voice assistants for automotive and mobility platforms.

Restaurant and Voice Commerce

• Acrelec – SoundHound integrates voice AI into Acrelec's restaurant kiosks and digital ordering platforms.
• White Castle – SoundHound powers automated voice ordering in drive-thru locations.
• Jersey Mike's – SoundHound provides voice AI for automated restaurant ordering.
• Applebee's – SoundHound supports voice-based ordering and customer interaction systems.
• Chipotle – SoundHound enables AI voice ordering for phone and digital channels.
• Noodles & Company – SoundHound provides automated voice ordering solutions.
• Casey's – SoundHound powers voice-enabled food ordering for convenience stores.
• OpenTable – SoundHound allows users to make restaurant reservations via voice interfaces.
• The Habit Burger Grill – SoundHound powers automated voice ordering for drive-thru and phone channels.
• Torchy's Tacos – SoundHound enables AI-driven voice ordering for restaurant operations.
• Peet's Coffee – SoundHound supports voice-enabled ordering and customer interaction systems.
• MOD Pizza – SoundHound provides automated voice ordering solutions for quick-service restaurants.
• Five Guys – SoundHound delivers voice AI for automated phone and ordering workflows.
• Red Lobster – SoundHound powers chain-wide AI phone ordering across locations.
• Peter Piper Pizza – SoundHound enables conversational voice ordering for pickup orders.
• Beef 'O' Brady's – SoundHound's Smart Ordering system supports simultaneous call handling and guest service.

Enterprise and Channel Partners

• Bridgepointe Technologies – Bridgepointe distributes SoundHound's enterprise AI agents to business customers.
• AVANT Communications – AVANT acts as a channel partner for SoundHound's enterprise AI solutions.
• Telarus – Telarus acts as a strategic partner distributing SoundHound's enterprise AI solutions to the CX landscape.
• Alta Resources – Alta integrates SoundHound conversational AI into enterprise contact-centre and CX solutions.

Technology Platforms

• Qualcomm – SoundHound voice AI runs on Qualcomm Snapdragon platforms for embedded and edge devices.
• Richtech Robotics – SoundHound supplies conversational voice AI for autonomous service robots used in hospitality and food service.
• Perplexity AI – SoundHound's Chat AI integrates Perplexity's live web-answering LLM for real-time responses.
• Oracle Cloud Marketplace – SoundHound's Smart Ordering voice AI is offered as a plug-in for the Oracle MICROS Simphony POS.
• Toast – SoundHound integrates with the Toast partner ecosystem, enabling voice ordering for Toast-based restaurants.
• Square – SoundHound's voice-ordering AI integrates with Square's POS for call-in orders and payment confirmations.
• Deutsche Telekom – SoundHound's Houndify platform powers a custom voice assistant across Deutsche Telekom devices.

Healthcare

• MUSC Health – SoundHound provides AI voice assistants to support patient access, scheduling, and healthcare system interactions.
• Epic Systems – SoundHound supports Epic-compatible voice agents for healthcare workflows including scheduling, intake, and follow-ups.

Public Safety

• Rekor Systems – SoundHound integrates voice AI capabilities with Rekor's public safety and infrastructure platforms.