---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001114"
form_type: "8-K"
ticker: "AUUD"
cik: "0001554818"
company_name: "AUDDIA INC."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:25:20.078515+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Auddia enters reverse merger with CEO-owned Thramann; Thramann holders to get ~80% of combined company

## Summary
- Each Auddia common share converts into one Holdco common share; Thramann holders receive ~80% economic interest including $3.5M in non-convertible notes.
- Jeff Thramann, Auddia CEO and sole owner of Thramann, is counterparty; special committee approved the related-party transaction.
- Closing conditions include Auddia stockholder approval, net cash >= $12M, and Nasdaq listing; termination fee $600K.
- Holdco will issue Special Preferred Stock with $20.5M liquidation preference and conversion rights; $3.5M Holdco Notes at 8% interest with 2-year maturity.
- Post-merger, current Auddia board and CEO Jeff Thramann to continue; 180-day lock-up agreement for Thramann shares.

## SEC filing metadata
- accession: 0001683168-26-001114
- form_type: 8-K
- ticker: AUUD
- cik: 0001554818
- company_name: AUDDIA INC.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1554818/000168316826001114/0001683168-26-001114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1554818/000168316826001114/auddia_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001114
- JSON: https://secwatch.observer/filing/0001683168-26-001114.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001114.txt

## Key facts
- Material Agreements
  AUDDIA INC. entered into Agreement and Plan of Merger with McCarthy Finney, Inc., Auddia Merger Sub, Inc., Thramann Merger Sub LLC, and Thramann Holdings, LLC (effective 2026-02-17).
  - Action: entry
  - Agreement: merger
  - Counterparty: McCarthy Finney, Inc., Auddia Merger Sub, Inc., Thramann Merger Sub LLC, and Thramann Holdings, LLC
  - Effective: 2026-02-17
  source text: On February 17, 2026, Auddia Inc., a Delaware corporation (“Auddia”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Auddia, McCarthy Finney, Inc., a Delaware corporation (“Holdco”), Auddia Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Holdco (“Auddia Merger Sub”), Thramann Merger Sub LLC, a Colorado limited liability company and wholly owned subsidiary of Holdco (“Thramann Merger Sub” and together with Auddia Merger Sub, the “Merger Subs”), and Thramann Holdings, LLC, a Colorado limited liability company (“Thramann”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1554818/000168316826001114/0001683168-26-001114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.