Mergers & Acquisitions ·
Auddia cancels special meeting as merger vote falls short of majority of outstanding shares
AUUDAuddia Inc.
Auddia Inc. cancelled its October 7 shareholder meeting because the proposed merger with Thramann Holdings failed to receive approval by a majority of outstanding common shares, despite receiving approximately 89% of votes cast. The company cited an inability to locate additional shareholders from the original record date and announced plans to reschedule the vote after issuing a comprehensive update on its AI infrastructure strategy.