AI-generated analysis. Always verify with the original filing.
Auddia Inc. is an AI audio technology company offering the faidr app for ad-free radio and Discovr Radio for artists. This S-1 registers up to $12M best-efforts offering of common stock/pre-funded warrants with common warrants to fund working capital amid going concern risks.
Offering Amount
$24.0M
Shares Offered
100,000,000
Price Range
$5.45 – $5.45
Shares Offered
2,201,834
Offering Amount
$12,000,000
Share Type
Common Stock or Pre-Funded Warrants
Exchange
Nasdaq Capital Market
Ticker
AUUD
Use of Proceeds: working capital and general corporate purposes
Auddia Inc. develops AI technology for audio engagement through faidr app providing commercial-free radio/podcasts and Discovr Radio platform for artists to promote songs on radio streams.