Item 5. Market for Registrant’s Common Equity
Item 5.
Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock has
been traded on the Nasdaq Stock Market under the symbol “AUUD” since our IPO on February 17, 2021. Our Series A Warrants have
been traded on the Nasdaq Stock Market under the symbol “AUUDW” since our IPO on February 17, 2021. As
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.
These numbers are based on the actual number of holders registered at such date and does not include holders whose shares are held in
“street name” by brokers and other nominees.
Dividends
We have never paid any
cash dividends on our common stock. We currently intend to retain all available funds and any future earnings for use in the operation
of our business and do not anticipate paying any cash dividends on our common stock in the foreseeable future. Any future determination
to declare dividends will be made at the discretion of our board of directors and will depend on our financial condition, operating results,
capital requirements, general business conditions and other factors that our board of directors may deem relevant.
Recent Sales of Unregistered Securities
During the year ended December 31, 2024, all sales
of unregistered securities by the Company have been previously reported on a Form 8-K or Form 10-Q.
Use of Proceeds
Not applicable.
Issuer Purchases of Equity Securities
We did not repurchase any of our equity securities during the period
covered by this Annual Report.
Item 6.
[Reserved]
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