Auddia Files Registration Statement for Proposed Initial Public Offering

Auddia Files Registration Statement for Proposed Initial Public Offering

Press Release ( - BOULDER, Colo. - Jan 15, 2020 - Auddia Inc., previously known as Clip Interactive, an innovative audio content delivery platform company, today announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. Auddia has applied to list its common stock on The Nasdaq Capital Market under the ticker symbol “AUDD.”

Network 1 Financial Securities, Inc. will act as the book-running managing underwriter for the proposed offering.

The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from Network 1 Financial Securities, Inc., by emailing Keith Testaverde at or at the SEC’s website at

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective, or pursuant to an exemption from such registration under the Securities Act of 1933 or applicable state laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Auddia

Auddia has developed technology to enable consumers to listen to existing AM/FM radio stations without commercials. By utilizing AI technologies that can identify and segment different units of audio content, we plan to develop and market a subscription-based service accessed via a mobile app called Auddia. We intend to launch the Auddia app in mid-2020.

For more information, please visit

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements pertaining to Auddia Inc.’s expectations regarding future financial and/or operating results, the proposed offering of Auddia Inc.’s shares of common stock, including as to the consummation of the offering described above, the size of the offering and the use of net proceeds therefrom, potential for our technology and services and future revenues or growth in this press release constitute forward-looking statements.

Any statements that are not historical fact (including, but not limited to, statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates”) should also be considered to be forward-looking statements. Forward-looking statements involve risks and uncertainties, including, without limitation, risks with respect to our ability to complete a strategic transaction, risks with respect to our need and ability to obtain future capital to satisfy our obligations to our lenders and creditors, risks inherent in the development and/or commercialization of potential tests, risks of cancellation of customer contracts or discontinuance of trials, risks that anticipated benefits from consolidation efforts and/or acquisitions will not be realized, uncertainty in the results of clinical trials or regulatory approvals, uncertainties with respect to evaluating strategic options, maintenance of intellectual property rights, risks with respect to maintaining our listing on Nasdaq, and other risks discussed in the Auddia Inc. filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. Auddia Inc. disclaims any obligation to update these forward-looking statements.

Investor Relations Contact:

Richard Liebman
Chief Financial Officer

Media Contact:

Michael Lawless
Chief Executive Officer

Source : Auddia

You may also like this  

CATEGORIES : Computer Software


Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or Signup using Email

Already have an account ? Login

Reset Password

Already have an account ? Login


If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.