Auddia adds ex-Defense secretary Mark Esper to board of subsidiary

Auddia (AUUD) announced a CEO letter updating its merger with LT350, Influence Healthcare, and Voyex, expected to form McCarthy Finney (MCFN). LT350, a distributed AI-datacenter platform, is advancing its first pilot canopy at a Dallas hospital and discussing partnerships for national expansion. The infrastructure is expected to cost $3 million per MW, with shorter deployment timelines. The merger and ticker are subject to approvals. AUUD stock rose 5.71% on the news.

Auddia Inc. (NASDAQ:AUUD) said the SEC declared effective its Form S-4 for its proposed merger with Thramann Holdings, a step that moves the deal into the final phase. Auddia plans to file a definitive proxy statement, set a shareholder vote date, and proceed to closing subject to approvals and conditions. The combined company would trade as MCFN.

Auddia Inc. (NASDAQ: AUUD) says its Discovr Radio artist-promotion platform has exited a pilot and will shift to a monthly subscription model in early July. The pilot reported 1,500+ accounts, 185,000+ plays, 44% average clickthrough on artist profiles, and 33% free-to-paid conversion. New tiers: Airplay $25/month and Visibility $5/month.

Auddia (NASDAQ: AUUD) said it has begun building the McCarthy Finney Operating System (MCFN-OS) ahead of its proposed merger with Thramann Holdings. The company engaged Chase J. Thompson of Arqa as platform architect; the first production module is targeted for Q3 2026. MCFN-OS is designed to provide agentic AI, shared institutional memory, and chat-first workflow automation across subsidiaries.

Auddia Inc. (NASDAQ: AUUD) said the USPTO issued a Notice of Allowance for a foundational U.S. patent, “A Method for Classifying Segments of an Audio Stream of a Radio Program,” covering its core AI used for commercial-free AM/FM radio and its Discovr Radio artist-discovery platform. The company reported 6 issued and 6 pending patents, and said its McCarthy Finney (MCFN) IP platform totals 20 issued and 9 pending.

Auddia Inc. (NASDAQ: AUUD) said Discovr Radio’s “Press Play! Artist Demo Listening Session” debuted at Toronto’s Departure Festival + Conference on May 5, drawing 65+ demo submissions (about double the format capacity) and standing-room attendance, according to Auddia and Departure. Auddia said it is in talks with Departure to expand the format for 2027 and views Toronto as a key growth hub.