Financing ·
Auddia increases interim bridge funding to target companies by up to $4.1M
AUUDAuddia Inc.
Auddia Inc. amended its senior unsecured bridge notes, increasing the maximum funding available to three early-stage AI operating companies controlled by Dr. Jeffrey Thramann. The new limits raise total capacity from approximately $1.4 million to $3.305 million: up to $420,000 for Thramann Holdings, $1.9 million for LT350, $900,000 for Influence Healthcare, and $85,000 for Voyex. These funds provide working capital while the pending merger with McCarthy Finney remains subject to stockholder approval. Auddia Inc. develops audio technology and digital media platforms.