Auddia (AUUD) Announces 1-for-17 Reverse Stock Split, Shares Dive

Mar 27, 2025

Auddia (AUUD, Financial) has declared a 1-for-17 reverse stock split set to take effect before the market opens on March 31, 2025. This move aims to elevate the stock's per-share price and meet Nasdaq’s Minimum Bid Price Rule of $1.00. As a result, the company's outstanding shares will reduce from approximately 8.67 million to 510,000. Following the announcement, AUUD's stock fell 19.11% to $0.2699 in premarket trading.

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