secwatch.observer — SEC 8-K summary
======================================

Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2026-08-19T20:15:19+00:00
Accession:  0001683168-26-006594
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Auddia to combine with Thramann Holdings; shareholders to own ~20% of combined company
--------------------------------------------------------------------------------

- Merger signed Feb 17, 2026: Auddia shareholders get ~20%, Jeff Thramann ~80% of combined company.
- Consideration to Thramann: Pubco special preferred stock plus $3.5M principal Pubco notes; closing conditioned on Auddia ≥$12M net cash.
- Thramann holds LT350, Influence Healthcare, Voyex; pre-revenue with H1 2026 operating loss of $422,498.
- July 2026 bridge: Auddia loans up to $1.4M aggregate at 8% interest to Thramann entities; $920,728 funded to date.
- Intangible assets $2.71M (patents $3.13M less amortization); $1,790,465 consideration payable remains on patents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826006594/0001683168-26-006594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826006594/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-006594

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