Auddia Inc. Files S-1 Registration Statement

TL;DR

Auddia Inc. just filed an S-1, get ready for a potential stock offering.

AI Summary

Auddia Inc. filed an S-1 registration statement with the SEC on May 23, 2024, indicating plans to offer securities. The company, formerly known as Clip Interactive, LLC, is incorporated in Delaware and headquartered in Boulder, Colorado. This filing is a standard step for companies intending to raise capital through the sale of stock.

Why It Matters

This S-1 filing signals Auddia Inc.'s intention to potentially raise capital by offering its securities to the public, which could impact its future growth and stock valuation.

Risk Assessment

Risk Level: medium — As an S-1 filing, it indicates a potential offering of securities, which inherently carries market and execution risks for investors.

Key Numbers

• 333-279683 — SEC File Number (Identifies the specific SEC filing)
• 0001554818 — Central Index Key (Unique identifier for the company in SEC filings)

Key Players & Entities

• AUDDIA INC. (company) — Registrant
• Clip Interactive, LLC (company) — Former company name
• Michael Lawless (person) — Chief Executive Officer
• 303-219-9771 (dollar_amount) — Business phone number

FAQ

Key Financial Figures

• $0.001 — 8 shares of our common stock, par value $0.001 per share, consisting of, (a) up to 4,6
• $2.3 million — n gross proceeds to us of approximately $2.3 million. We will pay the expenses of registeri
• $1.28 — orted on the Nasdaq Capital Market, was $1.28 per share. Our warrants offered in conn
• $0.0611 — sdaq Capital Market on May 22, 2024 was $0.0611 per Series A Warrant. We have received
• $1.00 — nimum bid price requirement of at least $1.00 per share (the "Bid Price Requirement")
• $2,500,000 — d (ii) the requirement to have at least $2,500,000 in stockholders' equity. On October 24,

Filing Documents

• auddia_s1.htm (S-1) — 372KB
• auddia_ex0501.htm (EX-5.1) — 12KB
• auddia_ex2301.htm (EX-23.1) — 3KB
• auddia_ex2302.htm (EX-23.2) — 2KB
• auddia_ex107.htm (EX-FILING FEES) — 19KB
• image_001.jpg (GRAPHIC) — 3KB
• 0001683168-24-003799.txt ( ) — 648KB
• auud-20240520.xsd (EX-101.SCH) — 3KB
• auud-20240520_lab.xml (EX-101.LAB) — 33KB
• auud-20240520_pre.xml (EX-101.PRE) — 22KB
• auddia_s1_htm.xml (XML) — 3KB

Risk Factors

Risk Factors 11 Market and Industry Data 13

Use of Proceeds

Use of Proceeds 13 Dividend Policy 13 Market for Registrants Common Equity, Related Stockholder Matters 13

Description of Capital Stock

Description of Capital Stock 14 Selling Stockholders 21 Plan of Distribution 24 Legal Matters 26 Experts 26 Where You Can Find More Information 27 Incorporation of Certain Information by Reference 27 i ABOUT THIS PROSPECTUS The registration statement we filed with the Securities and Exchange Commission (the "SEC") includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus, the related exhibits filed with the SEC, and the documents incorporated by reference herein before making your investment decision. You should rely only on the information provided in this prospectus and the documents incorporated by reference herein or any amendment thereto. You should not assume that the information contained in this prospectus or any related free writing prospectus is accurate on any date subsequent to the date set forth on the front of the document or that any information we have incorporated by reference herein is correct on any date subsequent to the date of the document incorporated by reference, even though this prospectus or any related free writing prospectus is delivered, or securities are sold, on a later date. This prospectus contains or incorporates by reference summaries of certain provisions contained in some of the documents described herein, but reference is made to the actual documents for complete information. All of the summaries are qualified in their entirety by the actual documents. Copies of some of the documents referred to herein have been filed or have been incorporated by reference as exhibits to the registration heading " Where You Can Find More Information ." You should rely only on the information that we have included or incorporated by reference in this prospectus and any related free writing prospectus that we may authorize to

View Full Filing

View this S-1 filing on SEC EDGAR