secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001683168-23-002753
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia receives Nasdaq delisting notice for bid price non-compliance; has until Oct 23, 2023 to cure
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- Notice received April 24, 2023; bid price below $1.00 for 30 consecutive business days through April 21, 2023.
- Initial compliance period of 180 calendar days ends October 23, 2023; must close at $1.00+ for 10 consecutive business days.
- May qualify for additional 180-day period if it meets other listing requirements and implements reverse stock split.
- Notice does not trigger immediate delisting; company evaluating options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823002753/0001683168-23-002753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823002753/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-002753

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer