IPO - AUDDIA INC.

Form Type: S-1

Filing Date: 2025-05-16

Corporate Action: Ipo

Type: New

Accession Number: 000168316825003796

Filing Summary: Auddia Inc. is filing a registration statement with the SEC for the proposed public offering of up to 5,000,000 shares of its common stock, par value $0.001 per share. The shares are being offered by White Lion Capital LLC, who previously entered into a purchase agreement with Auddia for shares. Auddia is not selling any securities and will not receive any proceeds from the sale. The company has plans for an effective date for this registration statement to allow for the commencement of the sale to the public as soon as practicable. This filing also follows a reverse stock split effective March 31, 2025, with the goal of regaining compliance with Nasdaq listing requirements. The document highlights that Auddia has regained compliance with Nasdaq's equity requirement and the minimum bid price requirement. It emphasizes the risks associated with investing in their securities, such as potential delisting from Nasdaq and ongoing financial dependency on external funding to continue operations. Additionally, the company operates as an emerging growth company, which qualifies it for reduced regulatory burdens. The faidr app, designed to offer a personalized radio streaming experience, is key to Auddia's business strategy.

Form Type: CORRESP

Filing Date: 2024-12-26

Corporate Action: Ipo

Type: New

Accession Number: 000168316824008967

Filing Summary: Auddia Inc. has filed an acceleration request for its Registration Statement on Form S-1, referencing File No. 333-283939. The company requests that the Registration Statement be declared effective on December 27, 2024, at 4 P.M. Eastern Time, or as soon thereafter as possible. Auddia Inc. acknowledges the responsibilities that come with this request, which include the understanding that the SEC's declaration of effectiveness does not absolve the company from ensuring the accuracy and adequacy of disclosures nor does it serve as a defense against any actions from the SEC or other parties related to federal securities laws. This filing indicates the company's intention to move forward with a public offering of its securities as outlined in the Registration Statement.