Auddia exchanges 750 Series C preferred shares for 216,525 common shares at $3.91/share

AUDDIA INC.

Exchanged 750 Series C preferred shares (incl. accrued dividends) for 216,525 common shares at $3.91/share.
No Series C preferred shares remain outstanding after the exchange; all converted to common equity.
Exchange executed under Section 3(a)(9) exemption; no commission or remuneration paid.
Transaction reduces preferred stock and dilutes common shares; no impact on operations or guidance.

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