Auddia Inc. announced that its publicly traded warrants expired on February 19, 2026, at 5:00 p.m. Eastern Time, in accordance with their original terms. Trading in the warrants, which traded under the Nasdaq symbol AUUDW, ceased at market close on February 18, 2026, after which they were delisted. Any unexercised warrants are now void and worthless. This expiration is an automatic process under the warrant agreement and required no action from warrant holders. The expiration has no impact on Auddia's common stock, which continues to trade on Nasdaq under the symbol AUUD.
The warrant expiration is a procedural milestone as Auddia executes a transformational business combination. Upon closing, this merger will result in the formation of McCarthy Finney, Inc., a holding company designed to deliver AI and web3 shared services to its subsidiaries. Following the merger's completion, McCarthy Finney is expected to trade under the new ticker symbol MCFN. For more information about the merger transaction, details are available via Auddia's investor relations announcement.
This development is significant for investors and the financial markets as it clarifies the capital structure ahead of a major corporate transformation. The expiration of the warrants removes a layer of potential dilution and simplifies the equity profile before the company rebrands and shifts its strategic focus. The formation of McCarthy Finney represents a pivot toward providing AI and blockchain-based web3 services, positioning the company in two of the most rapidly evolving technology sectors.
The implications extend beyond financial mechanics. Auddia's core business involves a proprietary AI platform for audio, powering services like its faidr app, which offers ad-free listening and content skipping for AM/FM radio and podcasts. Its Discovr Radio platform provides artists guaranteed exposure to radio audiences. The move to create a holding company suggests an ambition to leverage this AI expertise across a broader portfolio under the McCarthy Finney umbrella. The success of this strategy could influence how AI and web3 technologies are integrated into media and entertainment services. Investors and industry observers can monitor further developments in the company's newsroom at https://tinyurl.com/auudnewsroom.
