Archimedes Tech SPAC Partners Secures Loan up to $168K

Archimedes Tech SPAC Partners in a regulatory filing said it had issued a promissory note for a loan of up to $167,954.68 from its sponsor. The SPAC said it would use the funds for working capital and to pay taxes.

Archimedes has a merger agreement with SoundHound, a voice AI tech company. The transaction is expected to deliver up to $244 million. Read more.

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