Auddia Announces Reverse Stock Split

Rhea-AI Summary

Auddia (Nasdaq: AUUD, AUUDW) announced a 1-for-7.7 reverse stock split effective before market open on April 1, 2026. The Company filed the Delaware amendment effective March 31, 2026 and expects shares outstanding to decline from ~3.9 million to ~500,000.

The split aims to raise the per-share bid above Nasdaq's $1.00 minimum; a new CUSIP (05072K 404) will apply and fractional shares will be rounded at the participant level.

Positive

• Aims to meet Nasdaq $1.00 minimum bid requirement
• Expected reduction to ~500,000 post-split shares outstanding

Negative

• Reverse split may reduce market liquidity by combining 7.7 shares into one
• Potential negative perception risk for investors due to share consolidation

Key Figures

Reverse split ratio: 1-for-7.7 Post-split shares: ≈500,000 shares Pre-split shares: ≈3.9 million shares +5 more

8 metrics

Reverse split ratio 1-for-7.7 Common stock reverse split effective April 1, 2026

Post-split shares ≈500,000 shares Expected issued and outstanding after 1-for-7.7 split

Pre-split shares ≈3.9 million shares Estimated issued and outstanding before split

Nasdaq minimum bid $1.00 Minimum Bid Price Rule threshold cited by company

Prior split ratio 1-for-17 Reverse stock split announced March 27, 2025

Avg move prior split -27% Price reaction 24h after 2025 reverse split news

Current share price $0.80 Price before latest reverse split announcement

Issued shares Nov 2025 3,101,423 shares Common shares outstanding as of Nov 5, 2025 (10-Q)

Market Reality Check

Price: $0.7562 Vol: Volume 76,796 is 0.43x th...

low vol

$0.7562 Last Close

Volume Volume 76,796 is 0.43x the 20-day average of 176,793, indicating lighter trading. low

Technical Shares at $0.80 are trading below the $2.02 200-day moving average and 89.03% under the 52-week high of $7.29.

Peers on Argus

AUUD slipped 0.9% while peers were mixed: TGL down 4.24%, QH down 2.22%, SOPA do...

2 Up 1 Down

AUUD slipped 0.9% while peers were mixed: TGL down 4.24%, QH down 2.22%, SOPA down 3.79%, ULY up 0.37%, MYSZ up 9.81%. Moves do not show a unified sector direction.

Previous Stock split Reports

1 past event · Latest: Mar 27 (Negative)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Mar 27	Reverse stock split	Negative	-27.0%	1-for-17 reverse split to address Nasdaq minimum bid price requirements.

Pattern Detected

Prior reverse split news on Mar 27, 2025 saw a -27% next-day move, suggesting past reverse split announcements were met negatively by the market.

Recent Company History

This announcement marks Auddia’s second reverse stock split in two years, following a 1-for-17 split effective Mar 31, 2025 that aimed to satisfy Nasdaq’s minimum bid requirement and cut shares from about 8.67M to 510k. That event coincided with a -27% price reaction. Today’s 1-for-7.7 split again targets Nasdaq listing compliance, with similar mechanics across common and derivative securities and participant-level rounding of fractional shares.

Historical Comparison

-27.0% avg move · Auddia’s prior reverse split on Mar 31, 2025 led to a -27% move. Investors may benchmark this new 1-...

stock split

-27.0%

Average Historical Move stock split

Auddia’s prior reverse split on Mar 31, 2025 led to a -27% move. Investors may benchmark this new 1-for-7.7 split against that reaction and its Nasdaq compliance goal.

The company executed a 1-for-17 reverse split in 2025 and now plans a 1-for-7.7 split, both aimed at maintaining Nasdaq listing via higher per-share prices and proportional adjustments to outstanding equity-linked securities.

Market Pulse Summary

This announcement details a 1-for-7.7 reverse stock split that cuts issued shares from about 3.9 mil...

Analysis

This announcement details a 1-for-7.7 reverse stock split that cuts issued shares from about 3.9 million to roughly 500,000, aiming to lift the share price above Nasdaq’s $1.00 Minimum Bid Price Rule. The split affects common stock, preferred stock, warrants, options, and RSUs, with proportional price and share adjustments and participant-level rounding of fractional shares. Historically, a 1-for-17 split in 2025 produced a -27% move, providing a reference point for how markets have reacted to similar actions.

Key Terms

reverse stock split, cusip, preferred stock, warrants, +3 more

7 terms

reverse stock split financial

"it will complete a 1-for-7.7 reverse stock split of its common stock."

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

cusip financial

"Shares ... will be assigned a new CUSIP number (05072K 404) and are expected"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

preferred stock financial

"The reverse stock split will apply to the Company’s outstanding preferred stock, warrants"

Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.

warrants financial

"will apply to the Company’s outstanding preferred stock, warrants, stock options and"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

stock options financial

"outstanding preferred stock, warrants, stock options and restricted stock units."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

restricted stock units financial

"warrants, stock options and restricted stock units. The number of shares of common"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

nasdaq minimum bid price rule regulatory

"bid price of its common stock above the $1.00 required by Nasdaq’s Minimum Bid Price Rule."

A NASDAQ minimum bid price rule requires a stock to trade above a set minimum price per share for a specified period to remain listed. Think of it like a shop that won’t carry items that sell too cheaply: if a share’s trading price stays below the threshold, the company can get a warning and eventually be removed from the exchange. Investors care because falling below the rule can reduce liquidity, limit where the stock can be bought or sold, and often signals financial stress or weak market confidence.

AI-generated analysis. Not financial advice.

BOULDER, Colo., March 27, 2026 (GLOBE NEWSWIRE) -- Auddia Inc., (“Auddia” or the “Company”) (Nasdaq: AUUD, AUUDW), 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, today announced that effective before market open on Wednesday April 1, 2026, it will complete a 1-for-7.7 reverse stock split of its common stock.

On May 2, 2025, the Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-for-7.7. The Company filed an amendment to its Certificate of Incorporation with the Secretary of State in Delaware effective March 31, 2026, at 5:00 p.m. Eastern Time. As a result, every 7.7 issued shares of common stock will automatically be combined into one share of common stock.

The Company believes that affecting the reverse stock split will assist in its efforts to meet the Nasdaq continued listing standards and to continue to have its common stock remain listed and traded on Nasdaq. In particular, the Company expects the reverse stock split to increase the per share price and bid price of its common stock above the $1.00 required by Nasdaq’s Minimum Bid Price Rule.

Shares of the Company’s common stock will be assigned a new CUSIP number (05072K 404) and are expected to begin trading on a split-adjusted basis on Wednesday, April 1, 2026.

The reverse stock split will not change the authorized number of shares of the Company’s common stock. No fractional shares will be issued in connection with the reverse stock split. In lieu thereof, any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share at the participant level. The Company does not intend to round up fractional shares at the beneficial level and will instead round any such fractional shares up at the participant level with DTC.

The reverse stock split will apply to the Company’s outstanding preferred stock, warrants, stock options and restricted stock units. The number of shares of common stock into which these outstanding securities are convertible or exercisable will be adjusted proportionately as a result of the reverse stock split. The conversion or exercise prices of any outstanding preferred stock, warrants or stock options will also be proportionately adjusted in accordance with the terms of those securities and the Company’s equity incentive plans.

Once the reverse stock split becomes effective, stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-7.7 reverse stock split. Existing stockholders holding common stock certificates will receive a letter of transmittal from Auddia’s transfer agent, Vstock Transfer, with specific instructions regarding the exchange of shares.

The Company expects to have its issued and outstanding common shares decrease from approximately 3.9 million pre-split shares to approximately 500,000 post-split shares outstanding as a result of the reverse stock split.

About Auddia Inc.

Auddia, through its proprietary AI platform for audio identification and classification and related technologies, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings two industry firsts to the audio-streaming landscape: subscription-based, ad-free listening on any AM/FM radio station and podcasts with interactive digital feeds that support deeper stories and open untapped revenue streams to podcasters. faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs. Both differentiated offerings address large and rapidly growing audiences with strong purchase intent. 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, 2025, as well as other disclosures contained in the Prospectus 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 Contacts:
Kirin M. Smith
PCG Advisory, Inc.
646.823.8656
ksmith@pcgadvisory.com

FAQ

What reverse stock split did Auddia (AUUD) announce and when does it take effect?

Auddia announced a 1-for-7.7 reverse stock split effective before market open on April 1, 2026. According to the company, the Delaware amendment was filed effective March 31, 2026, and the split-adjusted shares will begin trading April 1, 2026.

How many Auddia (AUUD) shares will be outstanding after the 1-for-7.7 reverse split?

The company expects outstanding shares to fall from ~3.9 million to ~500,000 post-split. According to the company, this estimate reflects the automatic combination of every 7.7 issued shares into one share.

Why is Auddia (AUUD) doing a reverse stock split and how will it affect Nasdaq listing?

Auddia says the split is intended to increase its per-share bid above Nasdaq's $1.00 minimum to maintain listing. According to the company, raising the share price helps meet Nasdaq continued listing standards.

What happens to fractional shares and CUSIP after Auddia's reverse split for AUUD?

No fractional shares will be issued; fractions will be rounded up at the participant level. According to the company, a new CUSIP (05072K 404) will be assigned and DTC participants will handle rounding.

Will Auddia's (AUUD) options, warrants and preferred stock be affected by the reverse split?

Yes. The reverse split will proportionately adjust convertible, exercisable share counts and exercise/conversion prices. According to the company, outstanding warrants, options, preferred stock and RSUs will be adjusted in accordance with plan terms.

How will Auddia (AUUD) shareholders holding physical certificates exchange shares after the split?

Holders of certificates will receive a transmittal letter from transfer agent Vstock Transfer with exchange instructions. According to the company, brokerage accounts will be automatically adjusted to reflect the 1-for-7.7 reverse split.