Auddia Files Updated Pro Forma Financials for Reverse Merger and $12M Equity Financing

summarizeSummary

Auddia Inc. filed updated pro forma financial statements for its reverse merger with Thramann Holdings, incorporating the recent $12 million equity financing and providing a current financial snapshot of the combined entity.

check_boxKey Events

• Updated Pro Forma Financials

  Presents combined financial statements for Auddia and Thramann Holdings as of March 31, 2026, reflecting the pending reverse merger.

• $12 Million Equity Financing Reflected

  The pro forma balance sheet incorporates the recently completed $12 million equity financing, which was a condition for the business combination.

• Significant Losses and Going Concern

  The pro forma statements show a combined net loss of over $3 million for the quarter, and Thramann Holdings (the accounting acquirer) continues to carry a going concern warning.

• Post-Merger Ownership Structure

  Pre-business combination shareholders of Thramann Holdings are expected to own approximately 80% of the combined company, with Auddia shareholders owning approximately 20%.

auto_awesomeAnalysis

This 8-K provides the latest pro forma financial statements for Auddia Inc. combined with Thramann Holdings, LLC, reflecting the impact of the pending reverse merger and the recently completed $12 million equity financing. The updated financials as of March 31, 2026, are crucial for investors to assess the combined entity's financial health and the implications of the capital raise, which was a condition for the merger.