secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001683168-24-001185
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia completes 1-for-25 reverse stock split; shares drop to ~818k
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- Reverse split effective 5:00 PM ET on February 26, 2024; trading begins split-adjusted February 27.
- Outstanding shares reduced from ~20.47M pre-split to ~818k post-split; authorized shares remain 100M.
- Warrants, options, and RSUs adjusted proportionately; fractional shares rounded up to whole shares.
- New CUSIP for common stock is 05072K 206; board set final ratio after stockholder approval of 1:5–1:50 range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824001185/0001683168-24-001185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824001185/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-001185

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