---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-002585"
form_type: "8-K"
ticker: "AUUD"
cik: "0001554818"
company_name: "AUDDIA INC."
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:19:20.905208+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Auddia closes $750K secured bridge note, issues warrants; raises $1.12M via equity line

## Summary
- New secured bridge note of $825K principal ($750K net) with 10% interest, maturing July 31, 2023.
- Issued 650,000 warrants at $0.61/share; 325,000 exercisable immediately, rest on maturity extension.
- Amends prior note: cancels 300,000 old warrants, issues 600,000 new warrants at $0.61/share.
- Raised ~$1.12M by selling 1,962,220 shares under White Lion equity line on Apr 17 and 20.
- Extension option to Nov 30, 2023 with 20% interest and conditional warrants become exercisable.

## SEC filing metadata
- accession: 0001683168-23-002585
- form_type: 8-K
- ticker: AUUD
- cik: 0001554818
- company_name: AUDDIA INC.
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1554818/000168316823002585/0001683168-23-002585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1554818/000168316823002585/auddia_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-002585
- JSON: https://secwatch.observer/filing/0001683168-23-002585.json
- Plain text: https://secwatch.observer/filing/0001683168-23-002585.txt

## Key facts
- Material Agreements
  AUDDIA INC. amended Prior Note (effective 2023-04-17).
  - Action: amendment
  - Agreement: credit facility
  - Effective: 2023-04-17
  source text: Secured Bridge Note (“Prior Note”) financing with one accredited investor who is a significant existing stockholder of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316823002585/0001683168-23-002585-index.htm
- Material Agreements
  AUDDIA INC. entered into New Note valued at $750,000 (effective 2023-04-17).
  - Action: entry
  - Agreement: credit facility
  - Value: $750,000
  - Effective: 2023-04-17
  source text: On April 17, 2023, we entered into an additional Secured Bridge Note (“New Note”) financing with the same accredited investor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316823002585/0001683168-23-002585-index.htm

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