Auddia Cancels October 7th Shareholder Meeting to Align Merger Vote with Expanding AI Infrastructure Opportunity
Globe Newswire•06/10/2026•07:00 ET
0
Key Highlights
- ➤Auddia cancels October 7 shareholder meeting and plans a new record date.
- ➤Merger won approximately 89% of votes cast, but missed majority-outstanding-shares approval requirement.
- ➤LT350 momentum accelerated around its distributed AI datacenter platform and strategic partner discussions.
- ➤Proposed merger would combine Auddia, LT350, Influence Healthcare, and Voyex into McCarthy Finney (MCFN).
Expert Statements
Jeff Thramann, CEO of Auddia and Founder of LT350
“We are encouraged by the strong shareholder support reflected in the votes that were cast for the merger”
Jeff Thramann, CEO of Auddia and Founder of LT350
“At the same time, the momentum surrounding LT350 has accelerated dramatically.”
Jeff Thramann, CEO of Auddia and Founder of LT350
“The distributed datacenter opportunity is larger and more strategically important than previously understood, and we want shareholders to have full visibility into this growth before voting.”
Jeff Thramann, CEO of Auddia and Founder of LT350
“Canceling the meeting now, as opposed to a further adjournment, allows us to align the merger vote with this expanded opportunity.”
Shareholder Support for the Merger Remains Strong with New Record Date and Shareholder Meeting to be Rescheduled
LT350 Opportunity Accelerates into National AI Infrastructure Narrative
Get started
Create a free account to read the full story.