Auddia Announces New Corporate Overview on Company Website
Auddia (NASDAQ:AUUD / AUUDW) updated its corporate overview on Oct 16, 2025 to reflect a proposed restructuring and LOI for a business combination that would convert Auddia into a holding company delivering AI and web3 capabilities. The company reserved the URL mccarthyfinney.com and the NASDAQ ticker MCFN. Auddia also announced a strategic pivot from a subscription-based direct-to-consumer model to a B2B AI-driven music discovery model. Auddia will present the updated overview at the LD Micro Main Event on Oct 21, 2025 at 2:00 PM PT. The proposed transaction currently remains a non-binding LOI as parties continue to work toward definitive documents.
Auddia (NASDAQ:AUUD / AUUDW) ha aggiornato la panoramica aziendale il 16 ottobre 2025 per riflettere una ristrutturazione proposta e una LOI per una fusione che convertirebbe Auddia in una holding che offrirebbe capacità AI e web3. L'azienda ha riservato l'URL mccarthyfinney.com e il ticker NASDAQ MCFN. Auddia ha anche annunciato una svolta strategica da un modello diretto al consumo basato su abbonamento a un modello B2B AI-driven music discovery (scoperta musicale guidata dall'AI per il B2B). Auddia presenterà la panoramica aggiornata al LD Micro Main Event il 21 ottobre 2025 alle 14:00 PT. La transazione proposta rimane attualmente una LOI non vincolante mentre le parti continuano a lavorare su documenti definitivi.
Auddia (NASDAQ:AUUD / AUUDW) actualizó su panorama corporativo el 16 de octubre de 2025 para reflejar una reestructuración propuesta y una LOI para una combinación de negocios que convertiría a Auddia en una empresa holding que ofrecería capacidades AI y web3. La compañía reservó la URL mccarthyfinney.com y el ticker NASDAQ MCFN. Auddia también anunció un cambio estratégico de un modelo directo al consumidor basado en suscripción a un modelo B2B AI-driven music discovery (descubrimiento musical impulsado por IA para empresas). Auddia presentará la visión actualizada en el LD Micro Main Event el 21 de octubre de 2025 a las 2:00 PM PT. La transacción propuesta sigue siendo una LOI no vinculante mientras las partes continúan trabajando hacia documentos definitivos.
Auddia (NASDAQ:AUUD / AUUDW)은 2025년 10월 16일에 기업 개요를 업데이트하여 제안된 구조조정과 비즈니스 결합에 대한 LOI를 반영했고, 이로써 Auddia를 AI 및 web3 기능을 제공하는 지주회사로 전환합니다. 회사는 URL mccarthyfinney.com와 NASDAQ 시세 기호 MCFN를 예약했습니다. 또한 구독 기반의 직접 소비자 모델에서 B2B AI-driven music discovery 모델로의 전략적 전환을 발표했습니다. Auddia는 업데이트된 개요를 2025년 10월 21일 PT 오후 2시에 열리는 LD Micro Main Event에서 발표할 예정입니다. 제안된 거래는 현재 당사자들이 최종 문서 작성에 합심하는 동안 비구속적 LOI로 남아 있습니다.
Auddia (NASDAQ:AUUD / AUUDW) a mis à jour son aperçu de l'entreprise le 16 octobre 2025 pour refléter une restructuration proposée et une LOI en vue d'une combinaison d'affaires qui convertirait Auddia en une société holding offrant des capacités IA et web3. La société a réservé l'URL mccarthyfinney.com et le ticker NASDAQ MCFN. Auddia a également annoncé une pivoter stratégique d'un modèle direct-to-consumer basé sur l'abonnement vers un modèle B2B AI-driven music discovery (découverte musicale guidée par l'IA pour les entreprises). Auddia présentera l'aperçu mis à jour lors du LD Micro Main Event le 21 octobre 2025 à 14h00 PT. La transaction proposée demeure pour le moment une LOI non contraignante alors que les parties poursuivent leur travail sur les documents définitifs.
Auddia (NASDAQ:AUUD / AUUDW) hat seinen Unternehmensüberblick am 16. Oktober 2025 aktualisiert, um eine vorgeschlagene Umstrukturierung und eine LOI für eine Fusion widerzuspiegeln, die Auddia in eine Holdinggesellschaft verwandeln würde, die KI und Web3-Fähigkeiten bietet. Das Unternehmen reservierte die URL mccarthyfinney.com und das NASDAQ-Ticker MCFN. Auddia kündigte auch eine strategische Wendung von einem abonnementbasierten Direct-to-Consumer-Modell zu einem B2B AI-driven music discovery-Modell an. Auddia wird die aktualisierte Übersicht beim LD Micro Main Event am 21. Oktober 2025 um 14:00 PT vorstellen. Die vorgeschlagene Transaktion bleibt derzeit eine unverbindliche LOI, während die Parteien weiter an endgültigen Unterlagen arbeiten.
Auddia (NASDAQ:AUUD / AUUDW) حدّثت نظرتها المؤسسية في 16 أكتوبر 2025 لتعكس هيكلة مقترَحة وLOI لدمج تجاري سيحوّل Auddia إلى شركة قابضة تقدم قدرات AI وweb3. أعلنت الشركة أيضاً عن تحول استراتيجي من نموذج الاشتراك المباشر للمستهلك إلى نموذج B2B AI-driven music discovery (اكتشاف الموسيقى المدفوع بالذكاء الاصطناعي للأعمال). ستقدم Auddia النظرة المحدثة في LD Micro Main Event في 21 أكتوبر 2025 الساعة 2:00 مساءً بتوقيت المحيط الهادئ. الصفقة المقترحة لا تزال غير ملزمة LOI في الوقت الحالي بينما تواصل الأطراف العمل نحو وثائق حاسمة.
Auddia（纳斯达克股票代码：AUUD / AUUDW） 于 2025 年 10 月 16 日更新了其公司概览，以反映拟议的重组和用于商业合并的 LOI，将 Auddia 转变为提供 AI 和 web3 能力的控股公司。公司保留了网址 mccarthyfinney.com 和纳斯达克股票代码 MCFN。Auddia 还宣布从基于订阅的面向直接消费者的模式转向一个 B2B AI-driven music discovery（由 AI 驱动的 B2B 音乐发现）模型的战略转型。Auddia 将于 2025 年 10 月 21 日太平洋夏令时下午 2:00 在 LD Micro Main Event 上展示更新后的概览。拟议的交易目前仍为非绑定性 LOI，双方将继续推进正式文件。
- Pivot to B2B AI-driven music discovery
- Reserved NASDAQ ticker MCFN
- Secured strategic URL mccarthyfinney.com
- Investor presentation scheduled Oct 21, 2025
- Proposed business combination based on a non-binding LOI
- Definitive transaction documents not yet executed
- No financial terms or closing timeline disclosed
Insights
Non-binding LOI and a shift to a B2B holding‑company structure create potential strategic flexibility, but outcome hinges on definitive agreements and closing.
The announcement describes a proposed transaction to reorganize Auddia into a holding company to provide AI and web3 capabilities and to pivot the operating model toward B2B AI‑driven music discovery under the reserved name McCarthy Finney. Mechanically, the plan replaces a subscription direct‑to‑consumer model with a business‑to‑business sales motion and a holding‑company wrapper that would own or support portfolio companies focused on AI and blockchain capabilities.
Key dependencies and risks include execution of definitive documents (the LOI is non‑binding), completion of the business combination, and successful commercial transition from D2C to B2B; each step materially affects value and timing. The announcement contains no financial metrics, binding transaction terms, or closing timeline, so material uncertainty remains about economics, ownership, and operational runway.
Concrete items to watch: the filing or release of definitive transaction documents and any disclosed financial terms, confirmation of the surviving public company name/ticker, and outcomes from the
Webcast Scheduled at LD Micro Conference on Tuesday, October 21, 2025 at 2:00 PM PT
Overview reflects previously announced proposals to restructure Auddia as a holding company delivering AI and web3 capabilities to portfolio companies as well as details of the B2B business model pivot for faidr
McCarthy Finney (NASDAQ: MCFN) identified as the name of the surviving public company assuming closing of the proposed business combination
Company name honors John McCarthy, the father of AI, and Hal Finney, the father of digital currency
BOULDER, Colo., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced it has updated its corporate overview on the Company website.
The Company recently announced the signing of a non-binding LOI for a proposed business combination and restructuring which remains in progress as the parties continue to work towards executing definitive documents. The proposed business combination is aimed at restructuring Auddia as a holding company that will deliver AI and web3 (blockchain & crypto) capabilities to its portfolio companies.
In support of this mission, Auddia secured the URL for www.mccarthyfinney.com and reserved the NASDAQ ticker MCFN. To reflect the holding company’s AI focus, the name references John McCarthy who is a computer scientist widely considered to be the father of artificial intelligence and credited with the first use of the phrase. To reflect the holding company’s web3 focus, the name references Hal Finney who was instrumental in creating the concept of digital currency and was famously the counterparty to the first Bitcoin transaction initiated by Satoshi Nakomoto.
Auddia followed the LOI announcement with an announcement that the Company was shifting from a subscription based direct to consumer business model to a B2B business model focused on AI driven music discovery.
With the new corporate overview deck the Company is incorporating the business combination and restructuring activities while focusing the presentation of the Auddia business on the new B2B business model. The new deck can be viewed on the Company website at this link; Events & Presentations | Auddia | Investor Relations.
The Company will be presenting at the 19th Annual Main Event on Tuesday, October 21, 2025 at 2:00 PM PT at the Hotel del Coronado in San Diego, CA. Jeff Thramann, CEO and Chairman will be giving the presentation.
To schedule a meeting with management please email: ksmith@pcgadvisory.com.
Event: LD Micro Main Event XIX
Date: Tuesday, October 21, 2025
Time: 2:00 PM PT
Register to watch the virtual presentation https://ldmicrocasts.com/#register
About Auddia Inc.
Auddia, through its proprietary AI platform for audio identification and classification, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings multiple industry firsts to the audio streaming landscape that include:
- ad free listening on any AM/FM music station
- content skipping across any AM/FM music station
- one touch skipping of entire podcast ad breaks
- ad free listening to podcast partners
faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs.
For more information, visit: www.auddia.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the Company's current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as other disclosures contained in the Annual Report and subsequent filings made with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
ksmith@pcgadvisory.com
www.pcgadvisory.com
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