Auddia Warrants Expire as Company Prepares for Transformational Merger

Auddia Inc. (NASDAQ: AUUD) announced that its publicly traded warrants (Nasdaq: AUUDW) expired in accordance with their original terms at 5:00 p.m. Eastern Time on February 19, 2026. Trading in the warrants ceased at the close of market on February 18, 2026, after which the warrants were removed from listing on Nasdaq. Any warrants that remained unexercised at expiration were voided and are of no further value. This expiration occurs automatically under the warrant agreement, does not require any action from warrant holders, and has no impact on the Company’s common stock, which will continue to trade on Nasdaq under the symbol AUUD.

The warrant expiration represents a routine corporate event that concludes a specific financial instrument for Auddia. However, it occurs during a period of significant corporate transition for the company. Auddia is currently executing on a transformational business combination that upon closing will result in the formation of McCarthy Finney, Inc., a holding company delivering AI and web3 shared services to its subsidiaries. Upon closing of the merger transaction, McCarthy Finney will trade under the ticker MCFN. For more information about the merger, please visit Auddia Announces Signing of Definitive Merger Agreement for Business Combination | Auddia | Investor Relations.

The expiration of the warrants simplifies Auddia's capital structure as it moves toward this major corporate action. The company, through its proprietary AI platform for audio, is focused on reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s Discovr Radio is the first music-promotion platform to deliver artists guaranteed exposure to radio listeners. Auddia’s flagship audio superapp, called faidr, is free to listeners and delivers multiple industry first listening experiences, including AI enabled ad-free listening on any AM/FM music station, content skipping across any AM/FM music station, one-touch skipping of entire podcast ad breaks, and integrated artist discovery experiences. For more information, visit www.auddia.com.

This announcement is made as the company prepares for a fundamental shift in its business model and corporate identity. The forward-looking statements contained in the press release are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in the company's filings with the Securities and Exchange Commission. The latest news and updates relating to AUUD are available in the company’s newsroom at: https://tinyurl.com/auudnewsroom.