Auddia Extends Business Combination Exclusivity Period

Tip Ranks
2025.10.20 22:07
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Auddia (AUUD) has extended its exclusivity period for a proposed business combination with Thramann Holdings, LLC. Initially set for 30 days, the exclusivity has been extended twice, with the latest extension contingent on the SEC’s Operations Plan. The transaction aims to transform Auddia into a public holding company with a new name and ticker symbol. Auddia's current market cap is $3.63M, with an average trading volume of 2,358,303 and a technical sentiment signal indicating a 'Sell'.

Auddia ( (AUUD) ) just unveiled an update.

Auddia announced on August 5, 2025, that it had entered into a non-binding letter of intent for a proposed business combination with Thramann Holdings, LLC. The transaction aims to make Auddia a public holding company with a new name and ticker symbol, incorporating both companies’ portfolios as subsidiaries. Initially, a 30-day exclusivity period was agreed upon, which was later extended twice, with the latest extension dependent on the end of the SEC’s Operations Plan Under a Lapse in Appropriations and Government Shutdown.

More about Auddia

Average Trading Volume: 2,358,303

Technical Sentiment Signal: Sell

Current Market Cap: $3.63M

Learn more about AUUD stock on TipRanks’ Stock Analysis page.