Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced the pricing of a best efforts public offering of an aggregate of 5,084,745 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 5,084,745 shares of common stock (the "Warrants"), at a combined public offering price of $2.36 per share (or per common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants will have an exercise price of $2.36 per share, will be exercisable immediately upon issuance and will expire upon the earlier of: (i) the consummation of the transactions contemplated by certain Agreement and Plan of Merger, as may be amended, dated as of February 17, 2026, by and among, McCarthy Finney, Inc., Auddia Merger Sub, Inc., Thramann Merger Sub LLC, and the Company or (ii) the 5-year anniversary of the date of issuance. The closing of the offering is expected to occur on or about April 27, 2026, subject to the satisfaction of customary closing conditions.

Dawson James Securities, Inc. is acting as the exclusive placement agent for the offering.

The aggregate gross proceeds to the Company from the offering are expected to be approximately $12 million, before deducting the placement agent's fees and other offering expenses payable by the Company. No assurance can be given that any of the Warrants will be exercised. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.