Auddia (AUUD) Stock Skyrockets on AI/Web3 Pivot – Microcap Audio Tech’s Big Day
Auddia Inc. shares surged 54% to $3.16 in early Oct. 16 trading after announcing a non-binding merger LOI with Thramann Holdings, shifting focus to AI/Web3. The company will rebrand as “MCFN” and pivot from radio subscriptions to a B2B AI music platform. CEO Jeff Thramann presents the new strategy Oct. 21 at LD Micro. Trading volume hit 3.26 million shares, far above normal levels.