{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-000496","form_type":"8-K","ticker":"AUUD","cik":"0001554818","company_name":"AUDDIA INC.","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.591114+00:00","generated_at":"2026-06-06T16:33:13.522168+00:00","sec_items":["1.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Auddia acquires AppSmartz/RadioFM mobile app and streaming business for $13M cash plus $2M earnout","bullets":["Asset Purchase Agreement signed January 26, 2024; purchase price $13M cash plus up to $2M earnout based on milestones.","Acquired assets include mobile application, internet radio and streaming business of AppSmartz and RadioFM.","Closing expected by May 1, 2024, subject to Auddia obtaining financing and customary conditions.","Sellers' obligations guaranteed by their individual owners; non-compete and non-solicitation covenants included."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-000496","json":"https://secwatch.observer/filing/0001683168-24-000496.json","markdown":"https://secwatch.observer/filing/0001683168-24-000496.md","text":"https://secwatch.observer/filing/0001683168-24-000496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1554818/000168316824000496/0001683168-24-000496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1554818/000168316824000496/auddia_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:33:13.522168+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bc15bc7fa7f496289752c1b36161b78cfc986ba7","claim":"AUDDIA INC. entered into Purchase Agreement with M/s APPSMARTZ and M/s RADIOFM valued at $13,000,000 in cash plus an earnout payment of $2,000,000 (effective 2024-01-26).","evidence_excerpt":"On January 26, 2024, Auddia Inc., a Delaware corporation (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with (i) M/s APPSMARTZ, a Partnership Firm constituted under Indian Partnership Act of 1912 and organized under the laws of India (“AppSmartz”) and (ii) M/s RADIOFM, a Partnership Firm constituted under Indian Partnership Act of 1912 and organized under the laws of India (“RadioFM”, together with AppSmartz, each a “Seller” and collectively the “Sellers”), pursuant to which the Company has agreed to acquire certain assets, and assume certain liabilities, comprising Sellers’ mobile application, internet radio and streaming business (the “Business”) for a purchase price of $13,000,000 in cash plus an earnout payment of $2,000,000 if certain milestones are reached (the “Asset Purchase”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1554818/000168316824000496/0001683168-24-000496-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"M/s APPSMARTZ and M/s RADIOFM"},{"label":"Value","value":"$13,000,000 in cash plus an earnout payment of $2,000,000"},{"label":"Effective","value":"2024-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}