Brief: Auddia Says Co Continues To Advance Discussions With Other Two Acquisition Targets Under LOI
04/03/2024 15:04
March 4 (Reuters) - Auddia Inc AUUD.O :
* AUDDIA UPDATES STATUS OF OVERALL M&A USER ACQUISITION
STRATEGY
* AUDDIA INC: AUDDIA CONTINUES TO ADVANCE DISCUSSIONS WITH
OTHER
TWO ACQUISITION TARGETS UNDER LOI
* AUDDIA INC: DILIGENCE RELATED TO TARGET #2 IS COMPLETE AND
PURCHASE AGREEMENT IS IN ITS FINAL STAGES OF NEGOTIATION
* AUDDIA: ENTERED INTO DISCUSSIONS WITH TARGET #3 TO SECURE
AN
OPTION TO EXTEND EXCLUSIVE RIGHT TO ACQUIRE TARGET THROUGH Q3 OF
2024 IF NEEDED
* AUDDIA INC: ALL THREE ACQUISITION TARGETS IN TOTAL WOULD
REPRESENT NEARLY 10 MILLION MONTHLY ACTIVE USERS (MAUS), OVER
$5M IN ANNUAL REVENUE
Source text for Eikon: ID:nGNX8yfG4f
Further company coverage: AUUD.O
((Reuters.Briefs@thomsonreuters.com;))
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