secwatch.observer — SEC 8-K summary
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Issuer:     AUDDIA INC. (AUUD)
CIK:        0001554818
Form:       8-K
Filed at:   2026-10-22T21:00:14+00:00
Accession:  0001683168-26-008024
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Auddia lifts bridge-note caps to $3.3M from $1.4M for Thramann merger targets
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- LT350 cap raised to $1,900,000 from $400,000; Influence Healthcare to $900,000 from $590,000; Thramann Holdings to $420,000 from $360,000; Voyex to $85,000 from $50,000.
- Aggregate maximum funding across the four notes rises to $3,305,000 from $1,400,000; amounts drawn in tranches, with any advance over $50,000 requiring Audit Committee approval.
- Notes fund interim working capital for the target companies while the Feb. 17, 2026 merger into McCarthy Finney (Holdco) is pending; Holdco stock would trade as MCFN.
- No further amounts will be funded if the merger agreement is terminated; the merger still requires approval by Auddia stockholders.
- Dr. Jeffrey Thramann, Auddia's CEO and Executive Chairman, controls the four borrowers; the amendment was reviewed by a special committee of disinterested directors and the Audit Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826008024/0001683168-26-008024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1554818/000168316826008024/auddia_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-008024

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