secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001683168-24-006000
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia issues 1.65M shares for $2.0M under White Lion Purchase Agreement; outstanding shares rise to 4.44M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824006000/0001683168-24-006000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824006000/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-006000

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