Banking Recap

AUDDIA INC. Prices Equity Offering for $10.0M

Auddia Inc., a technology sector company trading under the ticker AUUD, has announced an at-the-market offering, a type of equity capital markets transaction. The company is issuing shares of common stock with an aggregate offering price of up to $10,000,000. As the issuer in this offering, Auddia is selling its common stock, par value $0.001 per share, into the market through a registered at-the-market mechanism.

Aug 22, 2025·SEC EDGAR·announced·At-the-Market Offering

Deal value

This transaction was announced on August 22, 2025, based on a filing published to SEC EDGAR on that same date. The source document is an SEC filing, though the specific form type is not identified in the available information. The deal is currently in announced status, meaning the sales agreement has been executed but the offering remains ongoing.

Ascendiant Capital Markets, LLC serves as the sales agent for this at-the-market offering, functioning in a lead capacity. According to the sales agreement entered into on August 22, 2025, Ascendiant Capital Markets, LLC acts as the agent responsible for selling the shares of common stock from time to time pursuant to the at-the-market offering structure under Rule 415 of the Securities Act of 1933, as amended.

Carroll Legal LLC is serving as legal counsel to Auddia Inc. in this transaction. The firm has provided an opinion relating to the validity of the shares of common stock that may be sold pursuant to the sales agreement, which opinion has been filed as an exhibit to the offering documents.

The at-the-market offering permits Auddia to sell up to $10,000,000 in aggregate offering price of its common stock through Ascendiant Capital Markets, LLC as sales agent. The structure is a registered at-the-market offering as defined under Rule 415 of the Securities Act, which allows the issuer to offer and sell shares opportunistically over time at prevailing market prices, rather than through a fixed underwritten offering at a set price.

Several material terms and details of this transaction remain undisclosed. The expected closing date or completion timeline for the offering has not been stated. The number of shares to be offered, pricing mechanisms, and the timing and amount of actual sales under the agreement are not specified. No information has been provided regarding any underwriting discounts, commissions, or other compensation arrangements between the company and the sales agent. Additionally, any lock-up restrictions, standstill provisions, or other customary terms of the sales agreement are not detailed in the available information.

Advisors

issuer

Ascendiant Capital Markets, LLCsales agentview source →

“On August 22, 2025, Auddia Inc. (the "Company") entered into an At-the-Market Issuance Sales Agreement (the "Sales Agreement") with Ascendiant Capital Markets, LLC, as sales agent (the "Agent"), to sell shares of its common stock, par value $0.001 per share (the "Common Stock"), having an aggregate offering price of up to $10,000,000 (the "Shares") from time to time, through an "at the market offering" (the "ATM Offering") as defined in Rule 415 under the Securities Act of 1933, as amended (the "Securities Act").”

Legal advisors

issuer

Carroll Legal LLC

“A copy of the opinion of Carroll Legal LLC relating to the validity of the shares of common stock that may be sold pursuant to the Sales Agreement is filed herewith as Exhibit 5.1.”

Treasury yields

3-Month4.25%

2-Year4.81%

10-Year5.13%

30-Year5.42%

Source: U.S. Treasury, daily par yield curve · as of 10/21/2026