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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 19, 2025 (March 19, 2025)
AUDDIA INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-40071 | 45-4257218 | ||
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
| 1680 38th Street, Suite 130 | ||
| Boulder, Colorado | 80301 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (303) 219-9771
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of exchange on which registered |
| Common Stock | AUUD | Nasdaq Stock Market |
| Common Stock Warrants | AUUDW | Nasdaq Stock Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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| Item 7.01. | Regulation FD Disclosure. |
On March 19, 2025, Auddia Inc. (the “Company”) released an updated corporate overview slide presentation.
A copy of the updated corporate overview slide presentation is furnished as Exhibit 99.1 to this Form 8-K and incorporated herein by reference
The information contained in this Item 7.01 of this current report on Form 8-K and in the accompanying exhibit 99.1 incorporated by reference herein shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. This information, including the exhibits 99.1 and 99.2 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibits are filed with this Form 8-K:
| Exhibit Number | Description | |
| 99.1 | Corporate Overview Presentation dated March 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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. | ||
March 19, 2025 |
By: | /s/ John Mahoney |
| Name: John Mahoney | ||
| Title: Chief Financial Officer | ||
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Exhibit 99.1
MARCH 2025 | NASDAQ: AUUD
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The information in this material is provided for general information purposes only and does not take into account the investment objectives, financial situation and particular needs of any individual or entity. This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about our current expectations about future results, performance, prospects and opportunities of Auddia Inc. (“Auddia” or the “Company”). Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward - looking statements. These forward - looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Company's Annual Report on Form 10 - K for the year ended December 31, 2024, as well as other disclosures contained in the Annual Report and subsequent filings made with the Securities and Exchange Commission. Forward - looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward - looking statements, whether as a result of new information, future events or otherwise. Unless otherwise indicated, information contained in this presentation concerning Auddia’s industry and markets in which it operates, including its general expectations and market opportunity and market size, is based upon information from various sources, including independent industry publications in presenting information. Auddia makes no representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party and takes no responsibility therefore. The data presented herein were obtained from various third - party sources. While we believe the data to be reliable, no representation is made as to, and no responsibility, warranty or liability is accepted for the accuracy or completeness of such information. Auddia has also made assumptions based upon such data and other similar sources, and on Auddia’s knowledge of and its experience to date in the markets for its product candidates. This information involves a number of assumptions and limitations and you are cautioned not to give undue weight to such estimates. The industry in which Auddia operates is subject to a high degree of uncertainty and risk due to a variety of factors. These and other factors could cause results to differ materially from those expressed in the estimates made by independent parties and by Auddia. This presentation uses Auddia’s trademarks and trade names such as “faidr” and “Vodacast." This presentation also includes trademarks, trade names and service marks that are the property of other organizations. Solely for convenience, trademarks and tradenames referred to in this presentation appear without ® and Ρ symbols, but those references, are not intended to indicate that Auddia will not assert to the fullest extent under applicable law, its rights, or that the applicable owner will not assert its rights to these trademarks and trade names. Auddia does not intend to use or display of other companies’ trade names or trademarks to imply a relationship with, or endorsement or sponsorship of Auddia by any other companies. Auddia | Disclaimer NASDAQ: AUUD
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Our Differentiated Audio Superapp NASDAQ: AUUD
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faidr | Superapp Strategy Expand To deliver all audio Lead With differentiation & margin A. I . En a bl e d Ad - fr e e Mu s i c - on ly M od e Re p l i ca te th e d i a l Mu s i c C a sts Mu s i c Sta t i o n s Di sc o v r Music Player Audio - books Text To Speech AM/FM Podcasts Exclusive Content A. I . En a bl e d Ad - sk i p Forw a rd + ( m a n u a l) Se a m l e ss ( a ut o ) NASDAQ: AUUD NASDAQ: AUUD ► Ch at M u sic ► Mu s i c G P T Leverage Data Across all audio to train leading AI models
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faidr A.I. Engine Covers Ad Break Content NASDAQ: AUUD Manual Skipping Of Radio Stream How faidr Works AI Drives Margin
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How faidr Works Power of Margin NASDAQ: AUUD
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AM/FM Podcasts Music Player Audio - books Text To Speech Roadmap Expa n si o n to i n te r n a ti o n a l sta ti o n s Re co r d i n g o f so n g s & p l a y l i sts f r o m r a d i o str e a m s Au to ma te d sta t i o n sw i tc h i n g w h e n a n a d pl a y s New l a ng u a g e A I m o d el s to ena b l e a d - fr e e i n te r n a t i o n a l l y Im p rov e m e n ts to th e a d - fr e e e x p e r i e n c e o n sp o k e n w o r d fo r m a t sta t i o n s Differentiation | AM/FM Exclusive Content NASDAQ: AUUD
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AM/FM Podcasts Music Player Audio - books Text To Speech Music Casts On - de ma n d DJ h o ste d mu si c sh o w s Up d a te d w e e kly Mu s i c str e a m i n g Cu r at e d b y e x p e r ts Ra d i o - fe e l Music Stations Al w a y s - on m u lti - ho u r p l a y l i sts Wa l l - to - wa l l m u s i c Ge n r e - ba se d o r a c t i v i ty - ba se d Discovr Do ze n s o f e me r g i n g a r t i sts Va r i et y o f g enr es Ho u r s o f new m u s i c d i sc o v er y to a u g m e n t r a d i o Exclusive Content Differentiation | faidrRadio Roadmap Use r - cr e a te d sta t i o n s Use r soc ia l in te rac tion s an d fo l l o w i n g NASDAQ: AUUD
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Forward+ Ma n u a l o n e to u c h a d - sk i ppi n g Vi su a l i za t i o n o f c ha p ter s DV R l i k e v i su a l i za t i o n o f a d se g me n ts Differentiation | Podcasts AM/FM Podcasts Music Player Audio - books Text To Speech Seamless AI dr i v e n a u to ma te d a d sk i ppi n g Pr e m i u m su b sc r i p t i o n m o d e l Re v e n ue sh a r e d w i th p o d ca st pa r tn e r s Roadmap Ge n e r a t i v e A I d i g i ta l c o n te n t f e e d Br a n de d di g i ta l c o n te n t a l l i n o n e pl a c e So ci a l f e e d s to d i scus s , sh a r e , cr e a te a n d di sc o v e r a u di o c o n te n t NASDAQ: AUUD Exclusive Content
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Differentiation Parity AM/FM Podcasts Exclusive Content Aggregate Radio Dial Ad - Free Competitive Landscape Radio Station Streaming Apps NASDAQ: AUUD
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Differentiation Parity Ad - Free Personalized Podcasts Local Content Premium AM/FM Competitive Landscape Music Streaming Apps NASDAQ: AUUD
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NASDAQ: AUUD 2019 GTM Source: Techsurvey 2024 & RADAR 163/Nielsen Audio 80 % 50 % 20 % Digital Listeners Radio Listeners Moving to Digital Broadcast Listeners 133 M % of time spent with P1 station in a typical week via Broadcast platforms (an AM/FM radio at home/school/work or in a vehicle) vs. digital platforms (computer, mobile, smart speaker, podcasts) 86 M Auddia Internal Projection 2025 2029
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NASDAQ: AUUD Live Radio Manual Switching Podcasts & Exclusives PREMIUM $ 5.99/ MO FREE A.I. Assisted Ad - Free Music - only / DJ Talk off Freemium Model
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NASDAQ: AUUD Time Sources: Van Westendorp's Price Sensitivity Meter is a standard market technique for determining consumer price preferences. $ 11 $ 10 $ 9 $ 8 $ 7 $ 6 $ 5 Key Maximize Market Share Maximize Revenue Optimal Monthly Price (Market share) Optimal Monthly Price (Revenue) PRICE Pricing
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User Growth Metric Targets to Support Growth Cost Per Install 30 Day Retention Subscription CAC Initial Launch 2.15.22 Targets to Support Ad Spend $ 13.98 1 % NA NA $ 2.00 20 %+ 3 % $ 102 1.4 - Year Payback NASDAQ: AUUD NASDAQ: AUUD
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User Growth Strategy to Improve Metrics 2.15.23 Basic Podcasting 8.15.23 Music Stations Music Casts Discovr 3.31.24 Seamless Forward+ faidr launch 2.15.22 3.1 Upgrades Apple CarPlay & Android Auto Now Roadmap Music - Only AM/FM Station Monitoring, Switching, & Recording Ongoing: User Experience Improvements Ongoing: Marketing Optimization NASDAQ: AUUD NASDAQ: AUUD
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Auddia | Key Takeaways ► Leading audio superapp space with differentiation & margin ► Securing data across all audio experiences to optimize the application of AI ► Leveraging steady cadence of innovative product improvements to optimize metrics ► Robust product pipeline & roadmap to increase value proposition to users & creators ► Marketing optimizations with product improvements expected to drive target metrics ► Compelling de novo and synergistic M&A opportunities available to drive users
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Auddia Jeff Thramann | Founder & Chairman Jeff@thramann.com 303.995.3036 Michael Lawless | CEO mlawless@auddia.com 303.219.9771 Investor Relations Kirin Smith | PCG ksmith@pcgadvisory.com 646.823.8656 More Information auddia.com auddia.com/products/faidr Thank You
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