Auddia to Exchange Up to 4.7 Million Warrants for 9.4 Million Shares
Auddia (AUUD) agreed to exchange up to 4.7 million warrants for 9.4 million shares. 580,023 warrants will be exchanged for 1.16 million shares immediately, with 4.14 million warrants to be exchanged for 8.27 million shares pending stockholder approval. The exchange is exempt from registration under Section 3(a)(9) of the Securities Act.
