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Auddia Inc - AUUD STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Auddia's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Auddia's position in the market.

Rhea-AI Summary
Auddia Inc. (AUUD) has been awarded U.S. Patent 11,935,520 for its core AI technology used in the faidr app to deliver ad-free AM/FM radio stations. The company is also advancing its patent application for leveraging AI to enhance large language models (LLMs) and domain-specific knowledge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
147.55%
Tags
AI
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News
Rhea-AI Summary
Auddia Inc. secures $3.5M in new financing to support podcast initiatives and UX improvements. The funding aims to enhance the user experience on the faidr platform and advance the M&A strategy. The Company sells 1.3M common shares without providing warrant coverage, strengthening its balance sheet for future growth and expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.48%
Tags
none
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Rhea-AI Summary
Auddia Inc. announced a new pay-per-play beta program for podcasters and networks, treating podcast plays similar to streaming music. The program aims to provide direct payments to content creators based on the number of streams they receive, bypassing traditional ad revenue models. Seamless Play and Forward+ are highlighted as key features of Auddia's Enhanced Podcasts suite, enhancing user experience and monetization potential. The company's CEO, Michael Lawless, emphasized the need to reward creators directly for their work, addressing the challenges of inconsistent ad revenues in the podcasting industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.18%
Tags
none
Rhea-AI Summary
Auddia Inc. (AUUD) partners with Sounds Profitable to enhance podcast technology, focusing on SaaS and integration partnerships. The new AI technologies aim to identify podcast segments, offering improved listener control and ad-avoidance features. Auddia prioritizes larger scale SaaS and API integration applications for its technology, providing efficient monetization opportunities for podcasters and superior user experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.57%
Tags
partnership
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Rhea-AI Summary
Auddia Inc. (AUUD) withdraws S-1 filing to acquire Radio FM due to unfavorable market conditions, focusing on acquiring other targets under LOI that require less cash at closing. The Company plans to sign a purchase agreement for target #2 in Q2 and pursue larger opportunities in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.52%
Tags
-
Rhea-AI Summary
Auddia Inc. announces the signing of a definitive purchase agreement to acquire Radio FM, a leading AM/FM streaming app, as part of its M&A strategy. The acquisition targets represent nearly 10 million monthly active users, over $5M in annual revenue, and over $3M in operating cash flow. The Company aims to convert these users into paid subscribers to boost revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
Rhea-AI Summary
Auddia Inc. (AUUD) expects significant ad revenue growth through the integration of its AI technology into the Radio FM app, providing users with ad-free AM/FM listening experiences and access to podcasts. The company aims to maintain current ad revenue while introducing premium subscription options for users, potentially achieving profitability by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.93%
Tags
-
Rhea-AI Summary
Auddia Inc. (AUUD) announces the acquisition of Radio FM, a leading AM/FM streaming app with 4.6 million MAUs and $2.23M in revenue. The acquisition aims to reduce Auddia's burn rate by delivering $1.4M in operating cash flow. The deal is subject to financing and offers a cost-efficient way to grow revenue, subscriptions, and user base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.72%
Tags
-
News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.27%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
management
Auddia Inc

Nasdaq:AUUD

AUUD Rankings

AUUD Stock Data

5.39M
2.03M
7.27%
5.43%
2.57%
Data Processing, Hosting, and Related Services
Information
Link
United States
Boulder

About AUUD

clip interactive’s creative digital solutions monetize and connect fans to brands by utilizing the benefits of interactive radio. our team brings an enormous amount of mobile, web, radio and digital marketing expertise with over ten years of combined effort already invested in development. based in boulder, colorado, we're inspired by a community known for supporting technology-based business.