Proprietary technology turns any parking lot into a revenue generating datacenter delivering AI inference at the edge without absorbing parking spaces Supports the fastest, most secure, and lowest cost inference runs for the highest paying customers handling the most sensitive data LT350 accounts for approximately 50% of McCarthy Finney’s $250 million DCF valuation BOULDER, Colo., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ: AUUD) (“Auddia” or the “Company”), today announced a comprehensive stra ...

Core Viewpoint - Auddia Inc. announced the expiration of its publicly traded warrants, which ceased trading on February 18, 2026, and became void after February 19, 2026, with no impact on the company's common stock [1][2]. Company Developments - Auddia is in the process of a transformational business combination that will lead to the formation of McCarthy Finney, Inc., which will provide AI and web3 shared services to its subsidiaries. The new entity will trade under the ticker MCFN upon closing of the merger [3]. - Auddia's proprietary AI platform is revolutionizing consumer engagement with audio content, including AM/FM radio and podcasts, while also enhancing how artists and labels promote their music [4]. Product Offerings - Auddia's flagship audio superapp, faidr, is free for listeners and offers unique listening experiences, including AI-enabled ad-free listening, content skipping across AM/FM stations, and integrated artist discovery features [4][6].

Core Viewpoint - Auddia, Inc. is under investigation by Monteverde & Associates PC regarding its merger with McCarthy Finney, Inc., specifically evaluating the fairness of the proposed transaction where Auddia shareholders will receive one share of McCarthy Finney common stock for each share of Auddia common stock [1]. Group 1 - The merger involves Auddia shareholders receiving one fully paid and nonassessable share of McCarthy Finney common stock for each share of Auddia common stock [1]. - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has a successful track record in recovering millions for shareholders [1]. - The firm is based in the Empire State Building in New York City and specializes in class action securities litigation [1]. Group 2 - The investigation aims to determine if the merger deal is fair for Auddia shareholders [1]. - The law firm encourages shareholders with concerns to seek additional information free of charge [1]. - Contact information for Juan Monteverde, Esq. is provided for shareholders seeking legal advice or information regarding the investigation [1].

Market Performance - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by more than 1% on Wednesday [1] - The Dow Jones Industrial Average rose by 0.57% to 49,814.98, while the Nasdaq gained 1.25% to 22,860.17, and the S&P 500 increased by 0.84% to 6,900.97 [1] Sector Performance - Energy shares saw a gain of 1.6% on Wednesday [1] - In contrast, real estate stocks experienced a decline of 1.2% in trading on Tuesday [1] Economic Indicators - U.S. durable goods orders fell by 1.4% month-over-month in December, following a revised gain of 5.4% in November [2] Commodity Prices - Oil prices increased by 4.2% to $64.93, while gold rose by 2.3% to $5,020.40 [3] - Silver prices surged by 6.2% to $78.120, and copper rose by 2.7% to $5.7965 [3] European Market Performance - European shares were higher, with the eurozone's STOXX 600 rising by 1.19%, Spain's IBEX 35 Index increasing by 1.35%, and London's FTSE 100 gaining 1.23% [4] - Germany's DAX rose by 1.12%, and France's CAC 40 climbed by 0.81% during the session [4] Asian Market Performance - Asian markets closed higher, with Japan's Nikkei gaining 1.02% and India's BSE Sensex increasing by 0.34% [5]

Core Viewpoint - Auddia Inc. has announced a definitive merger agreement with Thramann Holdings, resulting in the formation of a new holding company named McCarthy Finney, with a new ticker symbol MCFN. Auddia shareholders will own approximately 20% of the new entity at closing, which is estimated to have a base case DCF valuation of $250 million [2][6][7]. Company Overview - Auddia Inc. operates through its proprietary AI platform for audio, aiming to transform consumer engagement with AM/FM radio and podcasts, while also enhancing music promotion for artists [11]. - Thramann Holdings is a privately held company that controls three early-stage AI-native companies: LT350, Influence Healthcare, and Voyex, founded by Jeff Thramann, a serial entrepreneur with over 130 patents [3][10]. Merger Details - The merger will see Auddia renamed as McCarthy Finney, with Thramann Holdings' entities becoming fully owned subsidiaries. Jeff Thramann will continue as CEO, and John Mahoney will remain CFO [5]. - Auddia shareholders are expected to hold 20% of McCarthy Finney, while Jeff Thramann will own 80% at closing. The merger is contingent on Auddia having at least $12 million in cash at closing [6][8]. Valuation and Financials - The base case valuation of McCarthy Finney is estimated at $250 million based on a discounted cash flow analysis over a 10-year pro forma [7]. - Financial statements and detailed disclosures regarding McCarthy Finney and its portfolio companies will be filed with the SEC, including a registration statement on Form S-4 [7][19]. Timeline and Approvals - The transaction has been unanimously approved by the boards of both companies and is expected to close in the second quarter of 2026, pending customary closing conditions and stockholder approvals [8][9].

Core Viewpoint - Auddia Inc. is set to merge with Thramann Holdings, forming a new holding company named McCarthy Finney, with a new ticker symbol MCFN, and Auddia shareholders will own approximately 20% of the new entity at closing [1][4][6]. Company Overview - Auddia Inc. operates in the audio technology sector, focusing on reinventing consumer engagement with audio content through its proprietary AI platform [10]. - Thramann Holdings is a privately held company that controls three early-stage AI-native companies: LT350, Influence Healthcare, and Voyex, founded by Jeff Thramann, who has extensive experience in securing patents and taking companies public [2][3]. Merger Details - The merger agreement has been unanimously approved by the boards of both companies and is expected to close in the second quarter of 2026, subject to customary closing conditions [6]. - Upon completion, Auddia will be renamed McCarthy Finney, and Jeff Thramann will continue as CEO, with John Mahoney as CFO [3][4]. Financial Valuation - The base case discounted cash flow (DCF) valuation of McCarthy Finney is estimated to be $250 million, based on a forward-looking 10-year pro forma analysis [5]. - Auddia must have at least $12 million in cash on hand at closing to ensure a cash runway for future business milestones [4]. Ownership Structure - At the closing of the merger, Auddia shareholders are expected to own 20% of McCarthy Finney, while Jeff Thramann will own 80% [4].

Auddia Inc. (NASDAQ:AUUD) jumped 91.66% in overnight trading to $1.60 on Tuesday. The move followed the company’s Securities and Exchange Commission (SEC) filing disclosing a definitive agreement and plan of merger with Colorado-based Thramann Holdings, LLC. Thramann Holdings is wholly owned by Auddia’s President and CEO, Jeff Thramann.Related-Party Deal Triggers After-Hours SpikeAccording to the filing, under the agreement, both entities would merge under holding company McCarthy Finney Inc., a Delaware co ...

Core Viewpoint - Auddia Inc. has launched Discovr Radio, an AI-powered platform aimed at transforming artist discovery in radio streaming, with a focus on integrating music directly into AM/FM streaming feeds during ad slots, enhancing listener engagement and artist exposure [2][4][5]. Group 1: Product Launch and Features - Discovr Radio will officially launch on January 20, 2026, starting with a pilot group of approximately 300 customers, with plans for weekly onboarding of additional users based on the growth of Auddia's faidr app [3][4]. - The platform utilizes Auddia's proprietary AI Placement Engine to match songs to listeners based on contextual, behavioral, and listening data, ensuring guaranteed plays while maintaining a seamless listening experience [4][5]. - An integrated Artist Portal will provide artists and labels with performance analytics, listener engagement insights, and detailed reporting on plays, skips, likes/dislikes, and cost-per-play [6]. Group 2: Strategic Goals and Expansion - The goal of Discovr Radio is to align the interests of listeners, artists, and the radio ecosystem by combining AI-driven placement, guaranteed plays, and transparent analytics, creating a scalable discovery engine [7]. - The initial pilot phase aims to refine platform performance and gather insights from early customers, with plans for expansion as the user base of faidr grows [7]. Group 3: Merger Update - Auddia is progressing in its merger discussions to form a new holding company named McCarthy Finney, which will focus on delivering AI and web3 capabilities to its subsidiaries, including Auddia [8]. - The non-binding Letter of Intent (LOI) for the merger has been extended through the end of January to facilitate the completion of the process, with plans to file a comprehensive S-4 after executing a binding merger agreement [8].

Core Viewpoint - Auddia Inc. has launched Discovr Radio, an AI-powered platform aimed at transforming music discovery in radio streaming by allowing artists and labels to insert music directly into AM/FM streaming feeds during ad slots, enhancing listener engagement and providing guaranteed plays [3][4][6]. Group 1: Product Launch and Features - Discovr Radio will officially go live on January 20, starting with a pilot group of approximately 300 customers, with plans for weekly onboarding of additional users based on growth in Auddia's faidr app [2][6]. - The platform utilizes Auddia's AI Placement Engine to match songs to listeners using contextual, behavioral, and listening data, ensuring a seamless experience while delivering guaranteed plays [3][4]. - An integrated Artist Portal will provide artists and labels with performance analytics, listener engagement insights, and detailed reporting on plays, skips, likes/dislikes, and listens by location and station [5]. Group 2: Strategic Goals and Future Plans - The goal of Discovr Radio is to align the interests of listeners, artists, and the radio ecosystem by combining AI-driven placement, guaranteed plays, and transparent analytics, creating a scalable discovery engine [6]. - The initial pilot phase aims to refine platform performance and gather insights from early customers, with expansion plans tied to the growth of the faidr user base [6]. - Auddia is progressing in its merger discussions to form McCarthy Finney, which will focus on delivering AI and web3 capabilities to its subsidiaries, including Auddia [7].

Core Insights - Auddia Inc. has made its flagship faidr app completely free for all users, allowing access to premium, ad-free AM/FM streaming and manual song skipping features that were previously only available to paid subscribers [3][5][6] - The integration of Discovr Radio into the faidr app is set to be completed by the end of Q4 2025 to early Q1 2026, with the platform expected to go live in Q1 2026 [2][6] - The company aims to transition to a B2B business model, where artists and labels can subscribe to Discovr Radio to promote their music on mainstream radio streams [2][4] Company Strategy - The launch of the free faidr app is part of Auddia's strategy to drive mass adoption and engagement by leveraging its advanced AI technology [3][5] - The Discovr Radio platform will allow listeners to discover new artists through an AI Artist Discovery Engine, which matches new music to listener preferences and provides analytics to artists [4][6] - Auddia's CEO emphasized the importance of AI, personalization, and artist empowerment in the future of radio streaming [6] Market Position - Auddia is positioned as an innovator in the audio landscape, focusing on reinventing how consumers engage with AM/FM radio and other audio content through its proprietary AI platform [7] - The company is set to provide a new model for music content experience and monetization, enhancing the connection between artists and streaming listeners [5][6]