other_material
confidence high
sentiment neutral
materiality 0.60
Auddia Inc. effectuates 1-for-7.7 reverse stock split effective March 31, 2026
AUDDIA INC.
- Reverse split ratio of 1-for-7.7; effective 5:00 PM ET on March 31, 2026.
- Shares reduced from ~3.9M pre-split to ~500,000 post-split; par value unchanged.
- Fractional shares rounded up at DTC participant level; no fractional shares issued.
- CUSIP changed to 05072K404; split-adjusted trading on Nasdaq begins April 1, 2026.
- Authorized shares remain 100M; adjustments made to convertible securities and options.
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