Auddia Implements Reverse Stock Split to Maintain Nasdaq Listing

Auddia Inc., a company developing AI technology for audio identification and classification, will implement a 1-for-7.7 reverse stock split effective April 1, 2026. The consolidation, approved by stockholders in May 2025, aims to help the company meet Nasdaq’s continued listing standards by increasing its per-share price above the $1 minimum bid requirement.

The company filed an amendment to its Certificate of Incorporation with Delaware’s Secretary of State, with the split taking effect after market close on March 31, 2026. Every 7.7 shares of common stock will be combined into one share, reducing outstanding shares from approximately 3.9 million to about 500,000. The company’s common stock will trade under a new CUSIP number (05072K 404) beginning April 1.

This corporate action represents a strategic effort to maintain Nasdaq listing status, which provides continued access to public capital markets. The reverse stock split will proportionally affect all outstanding securities including preferred stock, warrants, stock options and restricted stock units. No fractional shares will be issued; instead, fractional shares will be rounded up to the nearest whole share at the participant level through the Depository Trust Company.

Stockholders holding shares through brokerage accounts will see automatic adjustments, while those holding physical certificates will receive instructions from Auddia’s transfer agent, Vstock Transfer. The company’s authorized share count remains unchanged despite the consolidation of outstanding shares.

Auddia’s technology platform powers its faidr audio superapp, which offers subscription-based ad-free listening for AM/FM radio and interactive podcast features. The company maintains an online presence where investors can find additional information at https://www.auddia.com. Financial disclosures and risk factors are detailed in the company’s SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2025.

The reverse stock split reflects the challenges facing many technology companies in maintaining exchange listing requirements during development phases. While the action addresses immediate compliance needs, the company’s long-term prospects remain tied to market adoption of its audio technology platform and the competitive streaming audio landscape.

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