---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007655"
form_type: "8-K"
ticker: "AUUD"
cik: "0001554818"
company_name: "AUDDIA INC."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T20:02:13.578121+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Auddia enters $10M equity line with White Lion Capital; terminates prior $10M facility

## Summary
- Entered Common Stock Purchase Agreement with White Lion Capital for up to $10M; terminates prior similar $10M facility from Nov 2022.
- Purchase prices set at 85-90% of VWAP: Fixed (85% of lowest 5-day), Rapid (85% of VWAP or lowest trade), VWAP (90% of 2-day).
- Commitment period expires Dec 31, 2024; per-purchase cap at lesser of 30% avg daily volume or $1M/highest 5-day close.
- Company must register resale of shares with SEC within 30 days; White Lion is accredited investor under Rule 506(b).

## SEC filing metadata
- accession: 0001683168-23-007655
- form_type: 8-K
- ticker: AUUD
- cik: 0001554818
- company_name: AUDDIA INC.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1554818/000168316823007655/0001683168-23-007655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1554818/000168316823007655/auddia_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007655
- JSON: https://secwatch.observer/filing/0001683168-23-007655.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007655.txt

## Key facts
- Material Agreements
  AUDDIA INC. entered into Common Stock Purchase Agreement with White Lion Capital, LLC valued at up to $10,000,000 (effective 2023-11-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: White Lion Capital, LLC
  - Value: up to $10,000,000
  - Effective: 2023-11-06
  source text: On November 6, 2023, Auddia Inc. (the “Company”) entered into a common stock purchase agreement (the “Common Stock Purchase Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316823007655/0001683168-23-007655-index.htm

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