Brief: Auddia Announces Withdrawal Of S-1 To Finance Acquisition Of Radio FM
07/03/2024 15:29
March 7 (Reuters) - Auddia Inc AUUD.O :
* AUDDIA ANNOUNCES WITHDRAWAL OF S-1 TO FINANCE ACQUISITION
OF
RADIO FM
* AUDDIA INC: CONTINUING TO PURSUE TWO AM/FM STREAMING RADIO
TARGETS UNDER LOI THAT ARE MORE FAVORABLY PRICED
* AUDDIA INC: EXPECTS TO REENGAGE WITH RADIO FM AFTER OTHER
TARGETS ARE ACQUIRED AND CONDITIONS IMPROVE FOR A LARGER
TRANSACTION
* AUDDIA INC: REITERATES THAT A PURCHASE AGREEMENT FOR
TARGET #2
IS EXPECTED TO BE SIGNED IN Q2
Source text for Eikon: ID:nGNX9mntfQ
Further company coverage: AUUD.O
((Reuters.Briefs@thomsonreuters.com;))
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