24/7 Market News Snapshot 05 August, 2025 – Auddia Inc. Common Stock (NASDAQ:AUUD)
DENVER, Colo., 05 August, 2025 (www.247marketnews.com) – (NASDAQ:AUUD) are discussed in this article.
Auddia Inc. is currently experiencing a significant surge in its stock performance, up 50.17% in pre-market trading, reaching $7.133 from a previous close of $4.750. This impressive increase reflects a trading volume of 3.03 million shares, indicating a marked rise in investor interest amid growing optimism regarding the company’s future. Technical indicators suggest a strong bullish trend, positioning Auddia favorably for continued upward momentum.
In a strategic move aligning with its growth aspirations, Auddia has entered into a non-binding letter of intent (LOI) for a merger with Thramann Holdings, LLC. This proposed merger aims to form a forward-looking holding company that will strategically combine artificial intelligence (AI) and blockchain technology to enhance operational efficiencies across its portfolio. The merger marks a pivotal transition for Auddia, which plans to take advantage of reduced AI compute costs and advanced tools to streamline operations.
Jeff Thramann, Auddia’s current CEO and a well-established entrepreneur with over 130 patents to his name, will lead the new entity, with Jon Mahoney continuing as CFO to oversee financial strategies across all subsidiaries. Under the terms of the merger, equity holders of Thramann Holdings will obtain an 80% ownership stake in the combined company, while Auddia stakeholders will retain 20%.
This transaction is contingent upon customary conditions, including board approvals and additional capital arrangements, with a negotiation period set for 30 days. Auddia is committed to keeping stakeholders updated as it moves toward finalizing this transformative business combination, which is expected to position the company as a leader in the rapidly evolving domains of AI and web3 technologies.
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