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8-K: Current report

8-K: Current report

8-K:重大事件
美股SEC公告 ·  2024/08/08 06:04

Moomoo AI 已提取核心信息

SoundHound AI has entered into a Stock Purchase Agreement to acquire Amelia Holdings for $80 million, comprising $10 million in cash and 13,084,112 shares priced at $5.35 per share. The deal includes potential additional consideration of up to 16,822,429 shares based on 2025 and 2026 revenue targets. The transaction was completed on August 7, 2024, with Amelia Holdings merging into Firehorse Merger Sub.In connection with the acquisition, SoundHound assumed Amelia's senior secured term loan facility with Monroe Capital Management Advisors. The company paid $70 million to retire a majority of the facility, leaving a remaining balance of $39.69 million. The loan matures on June 30, 2026, with an interest rate of SOFR plus 9% for cash payments and an additional 1% for payments in kind.The agreement includes customary representations, warranties, and covenants. SoundHound will establish a retention pool for continuing employees and has withheld 2,149,530 shares in escrow for indemnification purposes. The loan facility is secured by a first lien on substantially all of SoundHound's assets, with standard financial covenants and conditions.
SoundHound AI has entered into a Stock Purchase Agreement to acquire Amelia Holdings for $80 million, comprising $10 million in cash and 13,084,112 shares priced at $5.35 per share. The deal includes potential additional consideration of up to 16,822,429 shares based on 2025 and 2026 revenue targets. The transaction was completed on August 7, 2024, with Amelia Holdings merging into Firehorse Merger Sub.In connection with the acquisition, SoundHound assumed Amelia's senior secured term loan facility with Monroe Capital Management Advisors. The company paid $70 million to retire a majority of the facility, leaving a remaining balance of $39.69 million. The loan matures on June 30, 2026, with an interest rate of SOFR plus 9% for cash payments and an additional 1% for payments in kind.The agreement includes customary representations, warranties, and covenants. SoundHound will establish a retention pool for continuing employees and has withheld 2,149,530 shares in escrow for indemnification purposes. The loan facility is secured by a first lien on substantially all of SoundHound's assets, with standard financial covenants and conditions.
SoundHound AI已经签署股票购买协议,以8000万收购Amelia Holdings,其中包括1000万现金和13,084,112股,价格为每股5.35美元。这笔交易还包括基于2025年和2026年营业收入目标的最多16,822,429股的潜在额外对价。交易于2024年8月7日完成,Amelia Holdings与Firehorse Merger Sub合并。在收购过程中,SoundHound承担了Amelia的高级担保期贷款,管理顾问为Monroe Capital。公司支付了7000万以偿还大部分贷款,剩余余额为3969万。该贷款于2026年6月30日到期,现金支付的利率为SOFR...展开全部
SoundHound AI已经签署股票购买协议,以8000万收购Amelia Holdings,其中包括1000万现金和13,084,112股,价格为每股5.35美元。这笔交易还包括基于2025年和2026年营业收入目标的最多16,822,429股的潜在额外对价。交易于2024年8月7日完成,Amelia Holdings与Firehorse Merger Sub合并。在收购过程中,SoundHound承担了Amelia的高级担保期贷款,管理顾问为Monroe Capital。公司支付了7000万以偿还大部分贷款,剩余余额为3969万。该贷款于2026年6月30日到期,现金支付的利率为SOFR加9%,以实物支付的利率额外增加1%。协议包括常规的陈述、担保和契约。SoundHound将为继续留任的员工建立留任池,并已在保证金中扣留2,149,530股用于赔偿目的。该贷款设施由SoundHound的大部分资产的首要留置权担保,并附有标准的财务契约和条件。
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