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 Pre-split shares: 3.9 million Post-split shares: 500,000 +5 more

8 metrics

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

Pre-split shares 3.9 million Approximate issued and outstanding common shares before split

Post-split shares 500,000 Expected issued and outstanding common shares after split

Nasdaq minimum bid $1.00 Minimum Bid Price Rule target for continued listing

Effective date April 1, 2026 Shares begin trading on split-adjusted basis

Board approval date May 2, 2025 Stockholders approved reverse split amendment

Delaware filing time 5:00 p.m. ET Certificate amendment effective March 31, 2026

New CUSIP 05072K 404 CUSIP for common stock post-split

Market Reality Check

Price: $0.0408 Vol: Volume 961,137 is 12.51x ...

high vol

$0.0408 Last Close

Volume Volume 961,137 is 12.51x the 20-day average of 76,814, indicating unusually heavy trading. high

Technical Trading above its 200-day MA of 0.0200, reflecting strength ahead of the reverse split.

Peers on Argus

While AUUDW shows a large pre-news gain of 1532%, common shares AUUD in the mome...

1 Down

While AUUDW shows a large pre-news gain of 1532%, common shares AUUD in the momentum scan were down ~13.99%. Sector warrants JTAIW and VSSYW fell 20.88% and 22.5%, indicating this move appears stock-specific rather than a broad sector trend.

Previous Stock split Reports

1 past event · Latest: Mar 27 (Neutral)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Mar 27	Reverse stock split	Neutral	+5.3%	1-for-17 reverse split to help meet Nasdaq minimum bid price.

Pattern Detected

Prior reverse split news (1-for-17 in March 2025) saw a modest positive move of about 5.29%, suggesting past stock-split actions were not met with sharp sell-offs.

Recent Company History

Over the last year, Auddia has repeatedly used structural actions to address Nasdaq listing requirements. A 1-for-17 reverse split in March 2025 cut outstanding shares from about 8.67M to 510,000 and produced a 5.29% gain the next day. The new 1-for-7.7 reverse split continues this pattern, again targeting compliance with the $1.00 minimum bid rule and proportionately adjusting all outstanding equity-linked securities.

Historical Comparison

+5.3% avg move · Past reverse-split news (average move 5.29%) reflected measured reactions as Auddia used splits to s...

stock split

+5.3%

Average Historical Move stock split

Past reverse-split news (average move 5.29%) reflected measured reactions as Auddia used splits to support Nasdaq listing compliance.

Auddia implemented a 1-for-17 reverse split in March 2025 and now plans a 1-for-7.7 split, both explicitly aimed at satisfying Nasdaq’s $1.00 minimum bid price requirement while proportionately adjusting all equity-linked securities.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-09-10

An amended shelf registration on Form S-3/A dated September 10, 2025 registers common stock issuable upon conversion of Series C Convertible Preferred Stock and exercise of common warrants for resale by selling stockholders. The filing specifies share counts, potential ownership stakes, and conversion prices but no aggregate dollar capacity is provided.

Market Pulse Summary

This announcement details a 1-for-7.7 reverse stock split designed to help Auddia meet Nasdaq’s $1.0...

Analysis

This announcement details a 1-for-7.7 reverse stock split designed to help Auddia meet Nasdaq’s $1.00 Minimum Bid Price Rule without changing the authorized share count. The move mirrors a 1-for-17 split in March 2025, again proportionally adjusting preferred stock, warrants, options, and RSUs. Investors may track how outstanding shares fall from about 3.9M to 500,000 and consider the existing Form S-3/A resale registration when evaluating future dilution risk.

Key Terms

reverse stock split, certificate of incorporation, nasdaq continued listing standards, minimum bid price rule, +4 more

8 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.

certificate of incorporation regulatory

"approved an amendment to the Company’s Certificate of Incorporation to affect a reverse"

A certificate of incorporation is an official government document that creates a corporation and records key facts such as its legal name, basic governance structure, and stock authorization—think of it as a company's birth certificate plus its basic rulebook. Investors care because it establishes the company’s legal existence, limits owners’ personal liability, and sets the framework for issuing shares and enforcing shareholder rights, which affects ownership, control and the company’s ability to raise capital.

nasdaq continued listing standards regulatory

"assist in its efforts to meet the Nasdaq continued listing standards and to continue"

Nasdaq continued listing standards are the ongoing financial, reporting and governance rules a company must meet to keep its shares traded on the Nasdaq stock market. They matter to investors because failing those rules can lead to warnings, fines or delisting, which often reduces liquidity and share value; think of them as building maintenance rules that, if ignored, can lead to eviction and loss of access.

minimum bid price rule regulatory

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

A minimum bid price rule is a stock market requirement that a listed company's share must trade above a set minimum price over a specified period to remain listed on an exchange. It matters to investors because falling below that threshold can trigger warnings, potential delisting, and reduced liquidity—similar to a student needing a passing grade to stay enrolled—making the shares harder to buy, sell, or value accurately.

cusip technical

"Shares of the Company’s common stock will be assigned a new CUSIP number (05072K 404)"

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

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

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.

restricted stock units financial

"warrants, stock options and restricted stock units."

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.

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.