---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-007731"
form_type: "8-K"
ticker: "AUUD"
cik: "0001554818"
company_name: "AUDDIA INC."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:06:17.130431+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Auddia enters $2.2M secured bridge note and up to $10M equity line with White Lion Capital

## Summary
- Principal $2.2M, gross proceeds $2M, 10% interest, matures May 31, 2023, secured by all assets.
- Investor receives 300,000 warrants at $2.10/share, 5-year term; extension option doubles warrants and raises interest to 20%.
- Conversion of OID and interest at $1.23/share, subject to 19.99% beneficial ownership cap and Nasdaq rules.
- Equity line with White Lion Capital: up to $10M at 97% of VWAP, capped at 2,501,700 shares (19.99% of outstanding).
- White Lion receives 140,186 commitment shares; proceeds for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001683168-22-007731
- form_type: 8-K
- ticker: AUUD
- cik: 0001554818
- company_name: AUDDIA INC.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1554818/000168316822007731/0001683168-22-007731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1554818/000168316822007731/auddia_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-007731
- JSON: https://secwatch.observer/filing/0001683168-22-007731.json
- Plain text: https://secwatch.observer/filing/0001683168-22-007731.txt

## Key facts
- Material Agreements
  AUDDIA INC. entered into Secured Bridge Note with one accredited investor who is a significant existing stockholder of the Company valued at $2,000,000 (effective 2022-11-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: one accredited investor who is a significant existing stockholder of the Company
  - Value: $2,000,000
  - Effective: 2022-11-14
  source text: On November 14, 2022, Auddia Inc. (the “Company”, “we” and “us”) entered into a Secured Bridge Note (“Note”) financing with one accredited investor who is a significant existing stockholder of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316822007731/0001683168-22-007731-index.htm
- Material Agreements
  AUDDIA INC. entered into White Lion Purchase Agreement with White Lion Capital, LLC valued at $10,000,000 (effective 2022-11-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: White Lion Capital, LLC
  - Value: $10,000,000
  - Effective: 2022-11-14
  source text: On November 14, 2022, the Company entered into a Common Stock Purchase Agreement (the “White Lion Purchase Agreement”) with White Lion Capital, LLC, a Nevada limited liability company (“White Lion”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316822007731/0001683168-22-007731-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.