Auddia announces 1-for-17 reverse stock split

Auddia (AUUD) announced that effective before market open on Monday March 31, 2025, it will complete a 1-for-17 reverse stock split of its common stock. On December 30, 2024, the Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-for-17. As a result, every seventeen issued shares of common stock will automatically be combined into one share of common stock.