AUDDIA INC. (AUUD): Nasdaq/NYSE listing notice — Auddia granted Nasdaq extension until Aug 14 to show stockholders' equity above $2.5M

AUDDIA INC.

Nasdaq extended deadline to August 14, 2023 for Auddia to regain compliance with Listing Rule 5550(b)(1).
Company must file Q2 2023 10-Q evidencing stockholders' equity exceeding $2.5 million.
Auddia anticipates its June 30, 2023 10-Q will report equity above the $2.5M minimum.
Failure to comply will result in a delisting notice; company can request a hearing.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

AUDDIA INC. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

$2,500,000 in stockholders’ equity for continued listing. In its quarterly report on Form 10-Q for the period ended March 31, 2023, the Company reported stockholders’ equity of $2,095,247, and, as a result, does not currently satisfy Listing Rule 5550(b)(1). The letter also indicated that the Company had a period of 45 calendar days from the date of the Notice, or

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Source: SEC EDGAR

accession 0001683168-23-004783

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