secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001683168-24-006384
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia enters $10M ATM equity offering; limited to $2.6M under Form S-3
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- Entered Sales Agreement with Ascendiant Capital Markets for at-the-market offering of common stock up to $10,000,000.
- Prospectus supplement restricts offering to $2,600,000 due to General Instruction I.B.6 of Form S-3.
- Agent commission of 3.0% of gross proceeds; Company reimburses certain expenses.
- Offering made under effective shelf registration statement (No. 333-264227) filed April 2022.
- Company retains discretion to set sale parameters and may suspend or terminate the agreement at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824006384/0001683168-24-006384-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824006384/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-006384

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