secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001683168-23-006881
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia releases updated investor presentation; faidr 3.0, acquisition strategy, improved CAC metrics
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- CAC per free-tier user improved to ~$3 via acquisitions vs ~$14 via direct advertising.
- Cost per install improved from $13.98 to $1.80; 30-day retention rose from 1% to 10-12%.
- Premium subscription priced at $5.99/month for ad-free AM/FM, podcasts, and exclusive content.
- Presentation to be webcast at LD Micro Main Event XVI on October 4, 2023 at 12:00 PM ET.
- Strategy targets exponential user growth through acquisitions of radio streaming apps in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823006881/0001683168-23-006881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823006881/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006881

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