Auddia Announces Expiration of Publicly Traded Warrants (NASDAQ:AUUDW)

Rhea-AI Summary

Auddia (NASDAQ: AUUD) announced its publicly traded warrants (NASDAQ: AUUDW) expired at 5:00 p.m. ET on February 19, 2026, and trading ceased at market close February 18, 2026. Any unexercised warrants were voided and hold no further value. The company's common stock continues trading as AUUD. Auddia is executing a definitive merger to form McCarthy Finney, Inc., which upon closing will trade as MCFN.

Positive

• Warrants expired per original terms at 5:00 p.m. ET on Feb 19, 2026
• Definitive merger announced to form McCarthy Finney, with planned ticker MCFN

Negative

• Any unexercised warrants were voided and are now of no value to holders
• Trading in AUUDW ceased and warrants were removed from Nasdaq, reducing liquidity for warrant holders

BOULDER, Colo., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”), today announced that its publicly traded warrants (Nasdaq: AUUDW) expired in accordance with their original terms at 5:00 p.m. Eastern Time on February 19, 2026. Trading in the warrants ceased at the close of market on February 18, 2026, after which the warrants were removed from listing on Nasdaq.

Any warrants that remained unexercised at expiration were voided and are of no further value. This expiration occurs automatically under the warrant agreement, does not require any action from warrant holders, and has no impact on the Company’s common stock, which will continue to trade on Nasdaq under the symbol AUUD.

Auddia is currently executing on a transformational business combination that upon closing will result in the formation of McCarthy Finney, Inc., a holding company delivering AI and web3 shared services to its subsidiaries. Upon closing of the merger transaction, McCarthy Finney will trade under the ticker MCFN. For more information about the merger, please visit Auddia Announces Signing of Definitive Merger Agreement for Business Combination | Auddia | Investor Relations.

About Auddia Inc.

Auddia, through its proprietary AI platform for audio, is reinventing not only how consumers engage with AM/FM radio, podcasts, and other audio content but also how artists and labels promote their music and gain access to mainstream radio audiences. Auddia’s Discovr Radio is the first music-promotion platform to deliver artists guaranteed exposure to radio listeners. Auddia’s flagship audio superapp, called faidr, is free to listeners and delivers multiple industry first listening experiences, including:

• AI enabled 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
• Integrated artist discovery experiences
  
  

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

FAQ

What happened to Auddia's publicly traded warrants (AUUDW) on February 19, 2026?

The warrants expired at 5:00 p.m. ET on February 19, 2026 and are void if unexercised. According to the company, trading in AUUDW ceased at the close of market on February 18, 2026 and any remaining unexercised warrants are of no further value.

Do Auddia common shares (AUUD) change after the AUUDW expiration on Feb 19, 2026?

Auddia common stock remains listed and unaffected by the warrant expiration. According to the company, the expiration was automatic under the warrant agreement and has no impact on the company’s common stock trading under the symbol AUUD.

What should AUUDW warrant holders do after expiration on February 19, 2026?

No action is required from warrant holders because the expiration occurred automatically under the agreement. According to the company, any warrants unexercised at expiration were voided and carry no further value for holders after the listed expiration time.

What will Auddia become after its announced merger and what will the ticker be?

Upon closing the announced merger, Auddia will become McCarthy Finney, Inc., a holding company for AI and web3 services. According to the company, McCarthy Finney will trade under the ticker MCFN after the business combination closes.

When did trading in AUUDW cease and what happened to the Nasdaq listing?

Trading in AUUDW ceased at the close of market on February 18, 2026 and the warrants were removed from Nasdaq. According to the company, the removal followed the warrants' expiration and unexercised warrants were voided thereafter.