HTC Unit Offloads $13.5 Million Stake in SoundHound AI
HTC unit HTC sold 1,368,043 shares in SoundHound AI for a total of $13.5 million.The shares were sold at an average price of $9.835, according to a Thursday Taiwan Exchange filing.The transaction was conducted between Feb. 29 and Dec. 12, and generated an estimated gain of NT$412 million.The sale will boost the company's liquidity, it noted.