secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001683168-25-002176
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia implements 1-for-17 reverse stock split; shares fall from ~8.67M to ~510K
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- Reverse split ratio of 1-for-17 effective 5:00 PM ET on March 28, 2025; trading began split-adjusted March 31.
- Outstanding shares reduced from approximately 8.67 million to approximately 510,000 post-split.
- No fractional shares issued; rounding up at participant level via DTC; CUSIP changed to 05072K305.
- Authorized shares remain 100 million; warrants, options, and RSUs adjusted proportionally.
- Board approved final ratio in March 2025 after shareholder authorization in December 2024 for range of 1:5 to 1:50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316825002176/0001683168-25-002176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316825002176/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-002176

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