11:20 AM EST, 11/11/2024 (MT Newswires) -- SoundHound AI ( SOUN ) shares were up 1.9% in recent Monday after the company announced a $120 million at-the-market equity offering program Friday.

The company may sell up to $120 million of its class A common shares from time to time under the program through various sales managers, according to a Friday filing with the US Securities and Exchange Commission.

Price: 7.36, Change: +0.16, Percent Change: +2.15