Auddia Announces 1-for-7.7 Reverse Stock Split to Meet Nasdaq Listing Standards

Auddia Inc. announced a 1-for-7.7 reverse stock split to meet Nasdaq's listing standards. The reverse split will increase the per share price and bid price of its common stock above $1.00. Shares will begin trading on a split-adjusted basis on April 1, 2026, with a new CUSIP number. Fractional shares will be rounded up to the nearest whole share. The reverse split will also apply to preferred stock, warrants, stock options, and restricted stock units. Existing shareholders will receive a letter of transmittal to exchange their certificates.