Auddia Inc. - AUUD STOCK NEWS

Welcome to our dedicated page for Auddia news (Ticker: AUUD), a resource for investors and traders seeking the latest updates and insights on Auddia stock.

Auddia Inc. (NASDAQ:AUUD) is a technology-driven company based in Boulder, Colorado, specializing in digital audio content and radio broadcasts. Auddia leverages cutting-edge AI and Natural Language Processing (NLP) to deliver a unique, ad-free audio experience for users. The company has developed two main products: the Auddia App and Vodacast. The Auddia App provides subscription-based, commercial-free access to AM/FM radio stations, while Vodacast is an interactive podcasting platform offering enhanced features and ad-free listening options.

Recent Achievements

Auddia recently announced the acquisition of Radio FM, integrating premium ad-free streaming for its 4.6 million monthly users.
The company launched strategic partnerships, including a notable collaboration with Sounds Profitable for enhanced podcast features.
Auddia has been granted a U.S. patent for its AI technology, reinforcing its market position.

Current Projects

Integration of AI technology across various audio platforms to improve user experience.
Development of a SaaS model to enable audio stream processing at a large scale through cloud infrastructure.
Expansion of its pay-per-play beta program to offer equitable revenue streams for podcasters.

Financial Condition

The company is actively investing in its technology and growth strategies. With successful financing rounds, including a recent $3.5M capital injection, Auddia aims to achieve profitability by converting a significant portion of its user base to paid subscribers.

Partnerships and Collaborations

Besides its collaboration with Sounds Profitable, Auddia maintains strong relationships with key players in the radio, podcasting, and music industries. These partnerships will support the company's cloud-based audio processing goals and SaaS offerings.

Products and Services

faidr: The flagship audio superapp offering ad-free listening on AM/FM stations and podcasts with interactive digital feeds.
Seamless Play and Forward+: Features that enhance podcast listening by allowing ad-free content navigation and segment skipping.
Pay-per-play Program: A new initiative to provide direct payments to podcasters based on the number of streams they receive.

Auddia Inc. is at the forefront of redefining how consumers interact with digital audio content, focusing on user experience, innovative technologies, and scalable solutions. For more information, visit www.auddia.com.

02/23/2024 11:45 AM

News

Auddia Announces Reverse Stock Split

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Auddia Inc. (AUUD) announces a 1-for-25 reverse stock split to meet Nasdaq listing standards. The split will increase the per share price above $1.00 required by Nasdaq's Minimum Bid Price Rule. The split will not change the authorized shares, and fractional shares will be rounded up. The reverse split affects outstanding warrants, stock options, and restricted stock units, with adjustments made proportionately.

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12/13/2023 08:00 AM

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Auddia Inc. Appoints John Mahoney as Chief Financial Officer

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Auddia Inc. (AUUD) appoints John Mahoney as Chief Financial Officer, bringing over twenty years of finance and operational experience. The company aims to achieve 2024 goals and target key acquisitions, granting Mr. Mahoney an inducement stock option.

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11/29/2023 08:00 AM

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Auddia Announces Signing of Third Non-Binding LOI for its Streaming Audio M&A Strategy

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Auddia Inc. (NASDAQ:AUUD) announced the execution of a third non-binding letter of intent as part of its buy-side M&A strategy aimed at cost effectively growing its user base. The proposed acquisition target would accelerate audio Superapp status by introducing unique high-margin music player capabilities into faidr, improving margins and personalization capabilities of AM/FM streaming. If successfully closed, the acquisition would provide direct access into the stereo headunits of multiple leading auto manufacturers. The Company aims to secure a healthy, revenue generating business, a talented engineering team, and potential pathways to increase revenue through user monetization.

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11/27/2023 08:00 AM

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Auddia Announces Commercial Free Podcasting Enabled by Proprietary New AI Technology to be Launched in the faidr App on January 15

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Auddia Inc. (AUUD) to Launch Commercial-Free Podcast Technology in faidr App, Offering Ad-Free Listening to 50,000 Episodes

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10/02/2023 08:00 AM

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Auddia Inc. Releases New Investor Presentation

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Auddia Inc. releases new investor presentation highlighting the transition from faidr 1.0 to faidr 3.0 and the strategy to grow user base through acquisitions. CAC improves to $3/user in acquisition strategy compared to $14/user in direct-to-consumer advertising strategy.

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09/20/2023 08:00 AM

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Auddia Announces Presentations at Upcoming Investor Conferences

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Auddia Inc. to present at investor conferences

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09/06/2023 08:00 AM

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Auddia Announces Completion of faidr 3.0 and Provides M&A Update

Rhea-AI Summary

Auddia achieves key milestone with faidr 3.0 release, subscription conversion rates averaging 10% on iOS free tier over last three months. New AI model for ad-free podcast listening announced. M&A strategy progressing with Target #1 expected to close in early Q4, adding 4.6 million mobile MAUs and over $2 million in revenue.

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08/25/2023 07:00 AM

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Auddia Inc. Announces Filing of Delayed 10-Q Quarterly Report

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Auddia Inc. was unable to file its Quarterly Report on time, but has since filed it on August 24, 2023.

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07/10/2023 07:30 AM

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Auddia Announces Launch of faidrRadio in Android Version of Flagship Mobile App faidr

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Auddia Inc. releases exclusive content offering faidrRadio to its Android app, alongside podcasts and commercial-free AM/FM stations. The company plans to bring the faidr 3.0 interface to Android in early Q3.

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06/27/2023 07:30 AM

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Auddia Announces Breakthrough in AI and Natural Language Processing Technology for Podcasts

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Auddia successfully combines natural language processing and AI audio-classification algorithm to create a new model for ad-free podcasts. The new model will be added to the faidr app and is expected to launch later this year.

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FAQ

What is the current stock price of Auddia (AUUD)?

The current stock price of Auddia (AUUD) is $0.4788 as of December 23, 2024.

What is the market cap of Auddia (AUUD)?

The market cap of Auddia (AUUD) is approximately 2.7M.

What does Auddia Inc. do?

Auddia Inc. is a technology company specializing in digital audio content and radio broadcasts, offering subscription-based, ad-free listening experiences through its Auddia App and Vodacast platform.

What are the main products of Auddia Inc.?

Auddia's main products are the Auddia App, which provides ad-free AM/FM radio streaming, and Vodacast, an interactive podcasting platform.

How does Auddia generate revenue?

Auddia generates revenue through subscription fees for ad-free audio streaming services and advertisement services on its platforms.

What is the latest news about Auddia Inc.?

Recently, Auddia announced the acquisition of Radio FM, aiming to integrate ad-free streaming for Radio FM's 4.6 million monthly users. The company also secured $3.5M in new financing to support its product development and M&A strategy.

Where is Auddia Inc. based?

Auddia Inc. is headquartered in Boulder, Colorado.

What technology does Auddia Inc. use?

Auddia uses proprietary AI and Natural Language Processing (NLP) technologies for audio identification, classification, and delivering ad-free listening experiences.

Who are Auddia's key partners?

Auddia has partnerships with industry leaders like Sounds Profitable and maintains strong relationships with radio, podcasting, and music industry players.

What is the faidr app?

faidr is Auddia's flagship audio superapp offering subscription-based, ad-free listening on any AM/FM radio station and enhanced podcast features.

What are Seamless Play and Forward+?

Seamless Play and Forward+ are features in Auddia's faidr app that enhance podcast listening by allowing automatic ad skipping and segment navigation.