--- title: "Auddia Extends $1.4 Million 8% Senior Bridge Notes to Thramann Portfolio Ahead of Merger" type: "News" locale: "en" url: "https://longbridge.com/en/news/293668052.md" description: "Auddia issued $1.4 million in 8% senior unsecured bridge notes to Thramann Holdings and its portfolio companies (LT350, Influence Healthcare, Voyex) for interim funding ahead of a pending merger. Three convertible notes total $1.04 million with automatic conversion features upon qualified financings, while the $360,000 note to Thramann Holdings is non-convertible. All proceeds count toward Auddia's $12 million net cash closing condition under the merger agreement." datetime: "2026-07-23T21:03:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293668052.md) - [en](https://longbridge.com/en/news/293668052.md) - [zh-HK](https://longbridge.com/zh-HK/news/293668052.md) generator: "portal-rs" --- # Auddia Extends $1.4 Million 8% Senior Bridge Notes to Thramann Portfolio Ahead of Merger Auddia entered into four senior unsecured bridge notes totaling up to $1.4 million with Thramann Holdings and its portfolio companies LT350, Influence Healthcare, and Voyex to provide interim funding while a pending merger is finalized. The notes carry 8% annual interest, are unsecured and senior, and mature upon the earlier of a change of control or two years after any termination of the merger agreement. Notes for LT350, Influence Healthcare, and Voyex include automatic conversion at 80% of price upon Qualified Financings meeting specified thresholds; Thramann Holdings’ note is not convertible. All funded amounts will count toward Auddia’s $12 million net cash closing condition under the merger agreement. **Agreement 1: Auddia Extends $360,000 8% Senior Bridge Note to Thramann Holdings Ahead of Merger** - **Agreement type**: Senior unsecured bridge note at 8% interest - **Counterparty**: Thramann Holdings - **Signed / Effective**: Jul 17 2026 / same - **Duration / Termination**: Earlier of change of control or two years after merger termination - **Reason**: Provide interim funding while merger is pending **Agreement 2: Auddia Provides $400,000 8% Convertible Bridge Note to LT350 Amid Pending Merger** - **Agreement type**: Senior unsecured convertible bridge note at 8% interest - **Counterparty**: LT350 - **Signed / Effective**: Jul 17 2026 / same - **Duration / Termination**: Earlier of change of control or two years after merger termination - **Reason**: Provide interim funding while merger is pending **Agreement 3: Auddia Issues $590,000 8% Convertible Bridge Note to Influence Healthcare** - **Agreement type**: Senior unsecured convertible bridge note at 8% interest - **Counterparty**: Influence Healthcare - **Signed / Effective**: Jul 17 2026 / same - **Duration / Termination**: Earlier of change of control or two years after merger termination - **Reason**: Provide interim funding while merger is pending **Agreement 4: Auddia Executes $50,000 8% Convertible Bridge Note With Voyex** - **Agreement type**: Senior unsecured convertible bridge note at 8% interest - **Counterparty**: Voyex - **Signed / Effective**: Jul 17 2026 / same - **Duration / Termination**: Earlier of change of control or two years after merger termination - **Reason**: Provide interim funding while merger is pending Original SEC Filing: AUDDIA INC. \[ AUUD \] - 8-K - Jul. 23, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [AUUDW.US](https://longbridge.com/en/quote/AUUDW.US.md) - [AUUD.US](https://longbridge.com/en/quote/AUUD.US.md) ## Related News & Research - [Auddia’s Discovr Radio partners with Music Video Marketplace for indie artist video and radio promotion](https://longbridge.com/en/news/298582814.md) - [$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Looming Merger Shareholder Vote - AUUD, TECH, CZR and CBAN](https://longbridge.com/en/news/298635304.md) - [09:33 ETINVESTOR ALERT: The M&A Class Action Firm Launches Investigation of the Merger - AUUD, TECH, CZR and CBAN](https://longbridge.com/en/news/298329149.md) - [Auddia Sets Vote on Merger Creating Nasdaq-Listed Holdco](https://longbridge.com/en/news/295589048.md) - [Auddia unit Influence Healthcare signs LOI to sublease Texas specialty hospital](https://longbridge.com/en/news/297640474.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**