Auddia closes $3.5M equity financing via 1.3M share sale; shares outstanding rise to 2.15M

AUDDIA INC.

Raised $3.5M by selling 1.3M common shares from existing equity line; no warrant coverage.
Shares outstanding increased to 2,150,337 as of March 15, 2024.
Proceeds will fund enhanced podcast initiatives (Seamless Play, Forward+) and faidr UX improvements.
Financing supports ongoing M&A strategy and upselling premium subscriptions.

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