Welcome to our dedicated page for Auddia news (Ticker: AUUD), a resource for investors and traders seeking the latest updates and insights on Auddia stock.
Auddia Inc (AUUD) delivers innovative AI-powered audio streaming solutions through its flagship faidr app and Vodacast podcast platform. This news hub provides investors and industry followers with essential updates on the company’s financial developments, technological advancements, and market positioning.
Access timely press releases covering earnings reports, strategic partnerships, product launches, and intellectual property milestones. Our curated collection helps stakeholders monitor Auddia’s progress in transforming radio/podcast consumption through ad-free streaming, interactive content features, and SaaS solutions.
Key updates include AI technology breakthroughs, subscription model expansions, and collaborations shaping the future of digital audio. Bookmark this page for verified information about Auddia’s patented audio identification systems and their impact on the competitive streaming landscape.
Auddia Inc. (NASDAQ: AUUD, AUUDW) has expanded its pilot program with Amaturo Sonoma Media LLC, aiming to reach over 300,000 radio listeners. This partnership introduces a subscription-based commercial-free radio experience for the first time, allowing consumers to access personalized content. The Auddia app is expected to launch nationally in late Q2 or early Q3 2021, following successful testing of its AI algorithms. Auddia will evaluate subscription pricing from both Sonoma and Lakes Media subscribers before the full launch.
Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) has appointed Brian Hoff as the new Chief Financial Officer, effective immediately. He succeeds Rick Liebman, who will assist in the transition until April 30, 2021. Hoff brings significant experience in high-growth financial environments, previously serving at STACK Infrastructure and Coalfire. CEO Michael Lawless emphasized Hoff's strong industry reputation and his potential to contribute across Auddia's operations. Auddia focuses on enhancing consumer engagement with audio through its AI platform and innovative podcast technologies.
Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) reported strong progress in 2020, highlighted by its IPO in February 2021. The company aims to capitalize on a growing audio market, with 133 million U.S. subscription audio users and 270 million radio listeners. Auddia anticipates rapid growth, with podcasting listeners projected to reach 173 million in 2022. The timeline for product rollouts includes commercial trials starting in Q2 2021 and a national launch by Q3 2021. Recent partnerships and a new board member enhance their market position.
On March 19, 2021, Auddia Inc. (NASDAQ: AUUD, AUUDW) announced that its founder and Executive Chairman, Jeff Thramann, will present at the Q1 Virtual Investor Summit from March 23-25, 2021. His presentation is scheduled for 4 p.m. ET on March 25. Auddia is known for its innovative AI platform that transforms audio engagement, allowing users to enjoy AM/FM radio without commercials and interactive podcasts. The Investor Summit connects microcap companies with investors, featuring 100 companies and over 300 participants.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has announced a groundbreaking partnership with Lakes Media LLC, marking the first instance of a radio broadcaster promoting a subscription-based, commercial-free listening experience. This collaboration aims to gather data on consumer engagement with local radio content in a premium format. The initiative follows a Harris Insights survey indicating strong interest among subscribers of similar services. Auddia plans to launch a premium app with a free trial for consumers, with initial results expected in the second half of 2021.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced the appointment of Tom Birch to its Board of Directors as a liaison to the broadcasting industry. Birch, founder of Birch Radio and CEO of Lakes Media LLC, aims to introduce Auddia's commercial-free listening experience to market. His extensive industry experience is expected to enhance Auddia's growth strategy and strengthen relationships with broadcasters. This appointment positions Auddia to meet Nasdaq's independence rules ahead of schedule while promoting its AI-driven audio platform for AM/FM radio and podcasts.
Auddia Inc. (NASDAQ:AUUD, AUUDW) is set to participate in the Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. Jeff Thramann, the company's founder and Executive Chairman, will represent Auddia in discussions focused on the radio and podcast industry. This event, hosted by M Vest LLC and Maxim Group LLC, includes presentations and roundtable discussions with various industry leaders. Auddia is recognized for its innovative AI platform that enhances audio engagement and offers unique podcast experiences without commercials.
Auddia Inc. (NASDAQ: AUUD, AUUDW) announced a $4 million investment from founder Jeff Thramann in its recent IPO completed on February 19, 2021. This investment reflects Thramann's confidence in Auddia's growth prospects. Following the IPO, Thramann holds 1,681,652 shares of common stock. Auddia aims to revolutionize audio media consumption through its AI-powered Auddia app, allowing users to subscribe to streaming AM/FM radio without commercials, and Vodacast, which enhances podcast monetization capabilities.
Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) successfully closed an upsized initial public offering of 3,991,818 units priced at $4.125 each, generating gross proceeds of approximately $16.5 million. Each unit comprises one share of common stock and one Series A warrant. The warrants are immediately exercisable at $4.5375 per share and expire in five years. An additional 598,772 shares were issued due to underwriter's over-allotment option. The offering is registered with the SEC, enhancing Auddia's capabilities in audio content monetization.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has priced its upsized initial public offering at $4.125 per unit, consisting of one share of common stock and one Series A warrant, totaling approximately $16.5 million in gross proceeds. The offering includes 3,991,818 units and a 45-day option for underwriters to purchase an additional 598,772 units. Trading is set to begin on February 17, 2021, on the Nasdaq Capital Market. Auddia develops technology platforms that enhance audio media monetization and consumption through applications like Auddia and Vodacast.
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