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0 0.0420560747663551 0.0514018691588784 0.0467289719626169 0.0557943925233646 0.0700934579439252 -0.00598130841121492 0.0186915887850467
Stock impact report

Auddia Announces New $3.5M Financing [Yahoo! Finance]

Auddia Inc. (AUUD) 
Company Research Source: Yahoo! Finance
New financing better positions the Company for its ongoing M&A strategy Financing secured without providing warrant coverage BOULDER, CO, March 18, 2024 (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 that it has closed on $3.5M of new financing by selling 1.3M common shares from its previously announced equity line. “We have a number of product enhancements to faidr that are in our pipeline in addition to the innovative Seamless Play and Forward+ capabilities we announced as part of our Enhanced Podcasts suite last week,” said Theo Romeo, Chief Product Marketing Officer for Auddia. “This financing allows us to lock these products into our roadmap in an ongoing effort to improve the user experience and performance metrics.” Management believes that by strengthen Show less Read more
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