secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2026-07-23T21:00:14+00:00
Accession:  0001683168-26-005735
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia issues up to $1.4M in bridge notes to target companies pending merger with McCarthy Finney
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- Maximum aggregate bridge funding $1.4M: Thramann Holdings $360k, LT350 $400k, Influence $590k, Voyex $50k.
- Notes bear 8% interest, mature 2 years after merger termination or change of control.
- LT350, Influence, Voyex notes convertible at 80% of next qualified financing price (thresholds: $3M, $2M, $1M).
- Advances count toward Auddia's $12M net cash closing condition under the merger agreement.
- Thramann Holdings note is non-convertible; change of control triggers 50% premium for LT350, Influence, Voyex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826005735/0001683168-26-005735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826005735/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-005735

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