Auddia Inc. (NASDAQ: AUUD) announced today that it has filed a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) in connection with its previously announced definitive merger agreement with Thramann Holdings, LLC. Upon closing, the combined company will be renamed McCarthy Finney and will trade on Nasdaq under the ticker symbol MCFN. The filing marks a significant milestone in the company's transition into an AI-native platform organization designed to build, operate, and scale multiple AI-enabled businesses on a shared technical foundation.
According to the press release, the merger will create McCarthy Finney, a purpose-built AI holding company that will operate four AI-enabled businesses: LT350, a distributed AI infrastructure company deploying solar parking lot canopies with integrated GPU cartridges; Influence Healthcare, an AI-enabled value-based care platform for surgeons; Voyex, an agentic AI travel platform for automated disruption recovery; and Auddia, an AI-driven audio platform for ad-free AM/FM listening. Each subsidiary will leverage MF-OS, McCarthy Finney's shared AI operating system providing centralized AI engineering, workflow automation, cross-vertical data and model learning, and identity and audit frameworks.
Jeff Thramann, CEO of Auddia and Founder of Thramann Holdings, stated, 'The S-4 filing is a major step toward creating McCarthy Finney, a purpose-built AI holding company designed from the ground up to accelerate the development of agentic AI applications across multiple industries.' The company believes that legacy enterprises face structural challenges in adopting AI, and McCarthy Finney is designed as a 'clean slate' alternative with AI-first organizational design, new role definitions aligned with agentic workflows, and cross-subsidiary technical leverage.
The S-4 includes a third-party fairness opinion and financial projections for McCarthy Finney. The company previously completed a $12 million financing expected to satisfy the cash at closing requirement under the definitive merger agreement. The S-4 will undergo SEC review, after which Auddia will schedule a shareholder vote to approve the merger. The company expects the transaction to close following completion of the SEC review process and satisfaction of customary closing conditions.
Additional details about the merger and the businesses can be found in the McCarthy Finney S-4 Registration Statement on EDGAR at this link. For more information about Auddia, visit www.auddia.com.
