{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-000621","form_type":"8-K","ticker":"AUUD","cik":"0001554818","company_name":"AUDDIA INC.","filed_at":"2024-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.591844+00:00","generated_at":"2026-06-06T09:54:30.971562+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Auddia acquires internet radio/streaming business from AppSmartz/RadioFM for $13M cash plus $2M earnout","bullets":["Purchase price: $13M cash plus up to $2M earnout subject to milestone achievement.","Acquired assets include mobile app, internet radio, streaming business, contracts, IP, and customer data.","Seller obligations personally guaranteed by individuals Atul Sachdeva and Satish Kumar Arora.","Closing subject to regulatory approvals, financing, and other customary conditions; no firm closing date given."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-000621","json":"https://secwatch.observer/filing/0001683168-24-000621.json","markdown":"https://secwatch.observer/filing/0001683168-24-000621.md","text":"https://secwatch.observer/filing/0001683168-24-000621.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1554818/000168316824000621/0001683168-24-000621-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1554818/000168316824000621/auddia_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:54:30.971562+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":"339c051ce9a050ce2d0f4ed2ca74d35d88218c2e","claim":"AUDDIA INC. entered into Purchase Agreement with AppSmartz and 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/1554818/000168316824000621/0001683168-24-000621-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"AppSmartz and 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"}