Auddia Inc. has approved a definitive agreement to merge with Thramann Holdings, LLC, resulting in the formation of a new holding company called McCarthy Finney, which will trade under the ticker symbol MCFN. Upon closing, Auddia shareholders will own approximately 20% of the combined company, with the remaining 80% owned by Jeff Thramann. The transaction is expected to close in the second quarter of 2026, with Jeff Thramann serving as CEO and John Mahoney as CFO of the new entity. The estimated base case valuation for McCarthy Finney is $250 million.

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