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Auddia ( (AUUD) ) just unveiled an update.
On June 30, 2025, Auddia Inc. entered into a securities purchase agreement with accredited investors for a convertible preferred stock and warrants financing, resulting in $750,000 of gross proceeds. The financing involves the issuance of Series C convertible preferred stock and warrants, with the proceeds aimed at repaying debt and general corporate purposes. The Series C Preferred Stock offers a 15% annual dividend and is convertible into common stock, with specific conditions and anti-dilution adjustments. The warrants are exercisable for five years, with terms subject to anti-dilution adjustments. This financing move is expected to impact Auddia’s financial strategy by providing liquidity for debt repayment and operational needs.
More about Auddia
Average Trading Volume: 110,576
Technical Sentiment Signal: Sell
Current Market Cap: $3.72M
For an in-depth examination of AUUD stock, go to TipRanks’ Overview page.