4 unchanged sentences
been traded on the Nasdaq Stock Market under the symbol “AUUDW” since our IPO on February 17, 2021.
−Removed: As of March 29, 2024,
−Removed: there were approximately 138 holders of record of our common stock and 1 holder of record of our Series A warrants.
−Removed: These numbers are
−Removed: based on the actual number of holders registered at such date and does not include holders whose shares are held in “street name”
−Removed: by brokers and other nominees.
+Added: of March 4, 2025, there were approximately 141 holders of record of our common stock and 1 holder of record of our Series A warrants.
+Added: These numbers are based on the actual number of holders registered at such date and does not include holders whose shares are held in
+Added: “street name” by brokers and other nominees.
We have never paid any
9 unchanged sentences
Use of Proceeds
−Removed: On February 16, 2021, the U.S.
−Removed: Securities and
−Removed: Exchange Commission declared effective our registration statement on Form S-1 (File No.
−Removed: 333-235891), as amended, filed in connection with
−Removed: There has been no material change in the planned use of proceeds from our IPO from that described in the related prospectus dated
−Removed: February 16, 2021, filed with the SEC pursuant to Rule 424(b)(4) under the Securities Act.
−Removed: As described in such IPO prospectus, we have
−Removed: used IPO proceeds to reduce our bank debt by $4.0 million, to fund a $2.0 million cash reserve to serve as collateral for our remaining
−Removed: $2.0 million of bank debt that replaced collateral previously provided by a related party, to pay down a significant percentage of our
−Removed: accounts payable as of December 31, 2020, and to pay deferred compensation owed to a related party.
−Removed: In July 2021, certain holders of our
−Removed: publicly traded Series A Warrants exercised approximately 44,000 warrants for approximately 1.1 million shares of common stock at
−Removed: the cash exercise price of $113.4375 per share and as a result, we received additional cash proceeds of approximately $5.0 million.
−Removed: In addition, we paid the remaining $2.0 million, out of our restricted cash, to pay off and terminate our line of credit.
+Added: Not applicable.
Issuer Purchases of Equity Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.