Monitor upcoming financial reports to assess how the company deploys the $10.9 million in net proceeds, particularly given the small market cap of $1 million which suggests significant dilution from this offering.
Price Chart
Executive Summary
Auddia Inc. raised approximately $12 million in gross proceeds through a public offering of common stock, pre-funded warrants, and accompanying common warrants. The offering included 1.4 million shares and 5.1 million warrants, priced at $2.36 per security. Net proceeds of about $10.9 million will be used for working capital and general corporate purposes.
Key Financial Metrics
Key Facts
- Auddia raised $12 million in gross proceeds from an offering of common stock and warrants
- Offering included 1,405,006 shares of common stock and warrants to purchase 5,084,743 shares
- Each security (share or pre-funded warrant) was priced at $2.36 with an accompanying common warrant
- Pre-funded warrants have an exercise price of $0.001 per share and are immediately exercisable
- Common warrants have an exercise price of $2.36 per share and expire in 5 years or upon merger completion
- Net proceeds are expected to be $10.9 million after fees and expenses
- Proceeds will be used for working capital and general corporate purposes
- Placement agent fee was 7% of gross proceeds
Financial Impact
Gross proceeds of $12 million, net proceeds of $10.9 million
Risk Factors
- Significant dilution to existing shareholders from issuing over 5 million new warrants
- Low market cap ($1M) relative to offering size ($12M) suggests potential share price pressure
- Proceeds are for general corporate purposes without specific allocation details
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-003225 |
| Document: auddia_ex0402.htm | 0001683168-26-003225 |
| Document: auddia_ex0401.htm | 0001683168-26-003225 |
| Document: auddia_8k.htm | 0001683168-26-003225 |
| Document: 0001683168-26-003225-index-headers.html | 0001683168-26-003225 |
| Document: 0001683168-26-003225-index.html | 0001683168-26-003225 |
| Document: 0001683168-26-003225.txt | 0001683168-26-003225 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $0.9516 | awaiting T+60 | — | $0.8933 (−6.13%) |
Oct 6, 2026 21d ago | 425 | $1.15 | awaiting T+60 | — | $0.8933 (−22.32%) |
Oct 6, 2026 21d ago | 8-K | $1.15 | awaiting T+60 | — | $0.8933 (+22.32%) |
Sep 24, 2026 4w ago | 8-K | $1.28 | awaiting T+60 | — | $0.8933 (−30.21%) |
Sep 24, 2026 4w ago | 425 | $1.28 | awaiting T+60 | — | $0.8933 (−30.21%) |
Sep 24, 2026 4w ago | Press Release | $1.28 | awaiting T+60 | — | $0.8933 (−30.21%) |
Sep 11, 2026 6w ago | 425 | $1.02 | awaiting T+60 | — | $0.8933 (−12.42%) |
Aug 17, 2026 10w ago | Press Release | $0.9701 | awaiting T+60 | — | $0.8933 (−7.92%) |
Jul 23, 2026 13w ago | 8-K | $1.07 $1.01 | ▼ −5.61% | ▼ −9.34% | $0.8933 (−16.51%) |
Jun 4, 2026 20w ago | Press Release | $1.48 $0.9657 | ▼ −34.75% | ▼ −36.63% | $0.8933 (−39.64%) |
US Market Status
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