other material
confidence high
sentiment negative
materiality 0.70
Auddia issues 1.65M shares for $2.0M under White Lion Purchase Agreement; outstanding shares rise to 4.44M
AUDDIA INC.
- Issued 1,650,000 common shares to White Lion Capital on Aug 20, 2024 for gross proceeds of ~$2.0M.
- Outstanding shares increased to 4,444,196 as of Aug 22, 2024, representing ~37% dilution.
- Sale conducted under the Common Stock Purchase Agreement signed Nov 14, 2022.
- No earnings or operational results were reported in this filing.