secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001683168-23-008499
Event type: regulatory
Sentiment:  negative
Materiality: 0.78
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia receives Nasdaq notice for stockholders' equity deficiency of $2.42M vs $2.5M minimum
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- On Nov 21, 2023, Nasdaq notified Auddia of non-compliance with Listing Rule 5550(b)(1); equity reported at $2,415,012.
- Company previously received a bid-price deficiency notice on Oct 24, 2023, and has appealed both issues.
- A Nasdaq hearings panel is scheduled for mid-January 2024 to address all outstanding compliance matters.
- Trading of common stock (AUUD) will continue on Nasdaq until the panel issues a written decision.
- Company intends to take all reasonable measures to regain compliance and remain listed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823008499/0001683168-23-008499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316823008499/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-008499

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