Auddia Inc. Files 8-K for Bylaw Amendments and Financials

TL;DR

Auddia Inc. filed an 8-K for bylaw changes and financials. Keep an eye on updates.

AI Summary

Auddia Inc. filed an 8-K on September 12, 2024, reporting events that occurred on September 6, 2024. The filing primarily concerns amendments to its articles of incorporation or bylaws and includes financial statements and exhibits. The company, formerly known as Clip Interactive, LLC, is incorporated in Delaware and headquartered in Boulder, Colorado.

Why It Matters

This filing provides updates on Auddia Inc.'s corporate governance and financial reporting, which are crucial for investors to assess the company's operational status and regulatory compliance.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• AUDDIA INC. (company) — Registrant
• Clip Interactive, LLC (company) — Former Company Name
• September 12, 2024 (date) — Filing Date
• September 6, 2024 (date) — Earliest Event Reported Date
• Delaware (jurisdiction) — State of Incorporation
• Boulder, Colorado (location) — Business Address City and State

FAQ

Filing Documents

• auddia_8k.htm (8-K) — 32KB
• auddia_ex0301.htm (EX-3.1) — 5KB
• 0001683168-24-006330.txt ( ) — 259KB
• auud-20240906.xsd (EX-101.SCH) — 3KB
• auud-20240906_def.xml (EX-101.DEF) — 29KB
• auud-20240906_lab.xml (EX-101.LAB) — 36KB
• auud-20240906_pre.xml (EX-101.PRE) — 26KB
• auddia_8k_htm.xml (XML) — 6KB

03. Amendments to Articles of Incorporation or Bylaws; Change

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 6, 2024, the Board of Directors of Auddia Inc. (the "Company") adopted an amendment (the "Amendment") to the Company's bylaws that reduced the quorum required for the transaction of business at stockholder meetings from (i) the holders of a majority of the voting power of the outstanding shares of stock entitled to vote, to (ii) the holders of one-third of the voting power of the outstanding shares of stock entitled to vote. The Company has encountered difficulties reaching a quorum in the past due to the size and dispersed nature of the Company's stockholder base and the decision of many brokerage firms to eliminate discretionary voting even for "routine matters." Reducing the quorum requirement reduces the risk of failing to achieve the required quorum for any stockholder meetings, which failure would require the Company to adjourn such meetings and therefore cause the Company to incur additional costs, such as additional meeting host costs and proxy solicitation costs, and suffer other potential disruptions to its business and distraction for management. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed with this Form 8-K: 3.1 Amendment to Bylaws dated September 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AUDDIA INC. September 12, 2024 By: /s/ John Mahoney Name: John Mahoney Title: Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR