secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001683168-23-008237
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia issues single Series A Preferred share to Chairman with 30M votes tied to reverse split
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- Sold one share of Series A Preferred Stock to Executive Chairman Jeffrey Thramann for $1,000 on Nov 11, 2023.
- Share carries 30,000,000 votes, voting proportionally to common only on reverse stock split proposals.
- No conversion rights, dividends, or liquidation preference; redeemable for $1,000 cash upon board order or reverse split.
- Private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823008237/0001683168-23-008237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823008237/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-008237

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