---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-002767"
form_type: "8-K"
ticker: "AUUD"
cik: "0001554818"
company_name: "AUDDIA INC."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:32:50.631564+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Auddia raises $2.3M in Series B convertible preferred stock and warrants financing

## Summary
- Gross proceeds of $2,314,000 from issuance of Series B convertible preferred stock and warrants.
- 2,314 Series B Preferred shares issued at $1,000/share, convertible into common at $1.851 per share.
- Warrants to purchase 1,198,345 common shares at $1.851 exercise price, 5-year term.
- Preferred stock pays 10% annual dividend quarterly, payable in cash or common stock at company option.
- Proceeds to repay debt and for general corporate purposes; expected to bring company into Nasdaq compliance.

## SEC filing metadata
- accession: 0001683168-24-002767
- form_type: 8-K
- ticker: AUUD
- cik: 0001554818
- company_name: AUDDIA INC.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1554818/000168316824002767/0001683168-24-002767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1554818/000168316824002767/auddia_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-002767
- JSON: https://secwatch.observer/filing/0001683168-24-002767.json
- Plain text: https://secwatch.observer/filing/0001683168-24-002767.txt

## Key facts
- Material Agreements
  AUDDIA INC. entered into securities purchase agreement with accredited investors valued at $2,314,000 (effective 2024-04-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: accredited investors
  - Value: $2,314,000
  - Effective: 2024-04-23
  source text: On April 23, 2024, Auddia Inc. (the “Company”, “we” and “us”) entered into a securities purchase agreement with accredited investors for a convertible preferred stock and warrants financing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316824002767/0001683168-24-002767-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.