secwatch.observer — SEC 8-K summary
======================================

Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0001683168-24-007225
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia receives Nasdaq minimum bid price deficiency notice; 180-day cure period starts
--------------------------------------------------------------------------------

- Received Nasdaq notice on Oct 16, 2024 for failing $1.00 minimum bid price over 30 consecutive business days (Sept 4–Oct 15, 2024).
- Has 180 calendar days until April 14, 2025 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not cured, may be eligible for additional 180 days if other listing requirements met and reverse stock split considered.
- Company intends to monitor bid price and evaluate options; notice does not affect business operations or SEC reporting.
- Continued listing on Nasdaq Capital Market is not immediately affected; delisting possible if non-compliance persists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824007225/0001683168-24-007225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316824007225/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-007225

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer