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-0.0508438424827366 -0.0508438424827366 -0.0748393633188471 -0.0348468285919962 -0.0801717012824273 -0.0561761804463167 -0.0881702082277974 -0.0881702082277974
Stock impact report

Auddia Updates Status of Overall M&A User Acquisition Strategy [Yahoo! Finance]

Auddia Inc. (AUUD) 
Company Research Source: Yahoo! Finance
The purchase agreement for Radio FM representing 4.6 million MAUs, $2.3M in revenue, and $1.4M in operating cash flow has been signed and announced The purchase agreement for target #2 is expected to be signed before the end of Q1 2024 Target #3 remains under non-binding LOI with a binding exclusivity clause giving Auddia the exclusive right to close through the end of Q3 2024 BOULDER, CO - ( NewMediaWire ) - March 04, 2024 - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content provides today an update on its overall M&A strategy on the heels of announcing the signing of a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing of the RFM acquisition remains subject to securing adequate financing. Jeff Thramann, Executive Chairman of Show less Read more
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