Auddia

Auddia, Inc. engages in the development of audio content ecosystem technology and products. The firm operates an interactive radio platform called Auddia, which is a subscription based commercial free AM and FM software application. It also offers Vodacast, an interactive podcasting platform and application, which enables listeners to see video and other digital content in a digital feed that correlates with the podcast audio. The company was founded by Jeffrey J. Thramann in 2011 and is headquartered in Boulder, CO.

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Projected cash flow from acquisition targets would reduce current burn by over 60% Subscription conversion rate of 3% on acquired user base of 1 million U.S. users holds the potential to achieve cash flow breakeven Company anticipates further organic growth from ramped up marketing of faidr 3.0 in second half of the year  Key user metrics and de novo MAU growth data to be provided in Q3 BOULDER, CO, June 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today provided an expanded corporate update following the execution of two non-binding letters of intent as part of its buy-side M&A strategy and recent closing on approximately $3.1 million in new financing. “Given current market conditions, we are very pleased to have closed a financing at a premium according to the Nasdaq definition, while protecting our cap table by not offering warrants of any kind.

Auddia Provides Corporate Update as it Executes Two Non-Binding LOI's With Its Buyside M&A Strategy

BOULDER, CO, June 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (Nasdaq: AUUD) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the closing of its previously announced registered direct offering of 4,735,000 shares of common stock at a purchase price of $0.65 per share, priced at-the-market under Nasdaq rules.

Auddia Announces Closing of $3.1 Million Registered Direct Offering of Common Stock

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BOULDER, CO, June 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (Nasdaq: AUUD) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that it has entered into a securities purchase agreement with institutional investors to purchase 4,735,000 shares of common stock in a registered direct offering priced at-the-market under Nasdaq rules. The offering price for each share of common stock will be $0.65.

Auddia Announces Pricing of $3.1 Million Registered Direct Offering of Common Stock Priced At-The-Market

Auddia (NASDAQ: AUUD ) stock is rocketing higher on Monday after the company announced the launch of its new faidr 3.0 mobile app. This new mobile app is the next version of its audio Superapp.

Why Is Auddia (AUUD) Stock Up 95% Today?

Auddia has launched faidr 3.0, the next evolution of its audio Superapp, with entirely new look and feel alongside more features and exclusive content offerings

Auddia Announces Launch of Its faidr 3.0 Mobile App

faidr Android App now Offers Podcasts Alongside Commercial-free AM/FM With faidrRadio and an Updated UI Coming in Early Q3

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

BOULDER, CO, April 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it will be presenting at the upcoming Ladenburg Thalmann Tech Expo 2023.

Auddia to Present at the Ladenburg Thalmann Tech Expo 2023

Auddia (NASDAQ: AUUD ) stock is rocketing higher on Thursday despite a lack of news from the audio technology company. As of this writing, there's no new news that explains the rise in price for AUUD stock today.

Why Is Auddia (AUUD) Stock Up 119% Today?

BOULDER, CO, April 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced that the International Academy of Digital Arts & Sciences has officially recognized faidr, Auddia's flagship mobile superapp, as a 2023 Webby Honoree within the “Best Use of AI & Machine Learning” category.

Auddia's Superapp faidr Recognized as a 2023 Webby Honoree for AI

faidr iOS app Seeing 10% Subscription Conversion Rate in First 45 Days of Monetization at $5.99-per-Month Price Point faidrRadio, faidr's Exclusive Content Offering, Seeing 33% Engagement From iOS Users

Auddia Announces Better-Than-Expected Initial Subscription Conversion Rate and Exclusive Content Engagement in iOS Version of Flagship Mobile App faidr

BOULDER, CO / ACCESSWIRE / February 16, 2023 / Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio,has been invited to present at the Third Annual Winter Wonderland - Best Ideas Virtual Investor conference, which is being held virtually on February 21st - 24th, 2023. Jeff Thramann, Executive Chairman will present at the conference.

Auddia Inc. to Present at Third Annual Winter Wonderland – Best Ideas Virtual Investor Conference on February 21st – 24th, 2023

BOULDER, CO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via  NewMediaWire --    Auddia Inc.  (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the appointment of Tim Ackerman to the role of Chief Financial officer (CFO). Mr. Ackerman succeeds Brian Hoff, who resigned November 4, 2022, and has been serving as a consultant since his departure.

Auddia Inc. Appoints Tim Ackerman as Chief Financial Officer

Delivers a Hybrid of On-Demand and Broadcast Audio Content to Users

Auddia Inc. Announces Deployment of Proprietary Audio Content Hosting and Streaming System

BOULDER, CO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it has launched faidrRadio, an exclusive content offering within the faidr mobile app.

Auddia Inc. Announces Launch of faidrRadio, an Exclusive Content Offering Within the faidr App

Boulder, Colorado--(Newsfile Corp. - January 17, 2023) - Auddia Inc. (NASDAQ: AUUD) (NASDAQ: AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it will be presenting virtually at the upcoming Virtual Investor Summit on January 26th. Event: Q1 Investor SummitDate: January 26th, 2023Presentation: January 26th at 11:30 AM ETLocation: https://us06web.zoom.

Auddia to Present at the Jan 26th Virtual Investor Summit Microcap Event

Presentation on Wednesday, December 7 th , 2022, at 3:00 PM ET

Auddia to Present at Ladenburg Thalmann Virtual Technology Expo on December 7th

Providing Forward Looking Guidance on User Metrics and Revenue for the First Time as the Company Transitions From Pre-Revenue to Revenue Generating in 2023

Auddia Provides Corporate Update and Investor Call Today

BOULDER, CO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ: AUUD) (NASDAQ: AUUDW) ("Auddia" or the "Company”), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with radio, today announced that it will host a corporate update call and investor webcast on Tuesday, November 15th at 10:30 am ET.

Auddia Inc. Announces Corporate Update Call and Webcast on November 15th

Company has Engaged an Outside Firm to Support Financial Reporting and Related CFO Activities During Its Recruitment Effort

Auddia Inc. Announces Departure of Chief Financial Officer

Presentation on Wednesday, October 26th at 10:30 AM PTLos Angeles, California--(Newsfile Corp. - October 12, 2022) - Auddia Inc. (NASDAQ: AUUD) (NASDAQ: AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for radio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it will be presenting at the 15th annual Main Event on Wednesday, October 26th at 10:30 AM PT at the Luxe Sunset Boulevard Hotel.

Auddia Inc. To Present at The LD Micro Main Event XV

Boulder, Colorado--(Newsfile Corp. - August 9, 2022) - Auddia Inc. (NASDAQ: AUUD) (NASDAQ: AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for radio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that founder and executive chairman Jeff Thramann will be attending and presenting at the Q3 Virtual Investor Summit. Mr.

Auddia Inc. to Present at Investor Summit Group's Q3 Virtual Conference

faidr Listening Experience Displays Significant Improvement with Percentage of Stations Using the Advanced AI Algorithm Increasing from 10% to 88% On Track to Apply Advanced AI to Remaining 12% of Stations by End of Q3 BOULDER, CO / ACCESSWIRE / August 1, 2022 / Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for radio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced it has applied its next generation AI algorithm to deliver an improved commercial-free listening experience to 88% of the radio stations within the faidr mobile app. In late June, the Company announced it had made a major improvement to its core AI algorithm ( https://feeds.issuerdirect.com/news-release.html?newsid=8729838829485021 ) and had deployed the new advanced algorithm for the first time across approximately 10% of faidr stations.

Auddia Inc. Announces 88% of all Radio Stations in faidr(TM) Mobile App Enabled with its New AI Algorithm

Initial subscription conversion rates and 2023 revenue guidance to be announced with Q3 2022 quarterly filings Launch results support a data driven process focused on optimizing consumer use in preparation for first subscription revenue BOULDER, CO / ACCESSWIRE / July 21, 2022 / Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for radio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that in Q2 of 2022, its flagship faidr mobile app exceeded its target goals, receiving more than 80,000 downloads, achieving a cost-per-install of less than $3, and surpassing 40,000 monthly active users. "The goal of our initial marketing effort for faidr was twofold.

Auddia Inc. Announces Final Q2 Metrics for Its Flagship faidr (TM) Mobile App Exceeding Target Goals

Accuracy Improvements in the AI Now Delivering Commercial-free News, Talk, and Sports Content in faidr App On Track to Announce Initial Subscription Conversion Rates in Q3 BOULDER, CO / ACCESSWIRE / June 21, 2022 / Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for radio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced it has launched its next generation AI algorithm to deliver a commercial-free listening experience on news, talk, and sports radio stations, while improving the ability to hear DJ talk segments on music stations within the faidr mobile application. Auddia began researching and developing an advanced AI platform to give consumers control over their AM/FM listening experience in 2017.

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