Auddia Inc. (NASDAQ: AUUD) announced that its publicly traded warrants (NASDAQ: AUUDW) expired at 5:00 p.m. Eastern Time on February 19, 2026, in accordance with their original terms. Trading in the warrants ceased at market close on February 18, 2026, after which they were removed from listing on Nasdaq. Any unexercised warrants were voided and hold no further value. This automatic expiration under the warrant agreement requires no action from warrant holders and does not affect the company's common stock, which continues to trade on Nasdaq under the symbol AUUD.
The expiration represents a standard procedural step in the company's financial lifecycle but gains significance 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. McCarthy Finney is expected to trade under the ticker symbol MCFN. For more information about the merger, please visit Auddia Announces Signing of Definitive Merger Agreement for Business Combination | Auddia | Investor Relations.
This development is important for investors and the broader technology sector as it signals Auddia's transition from its current operations toward a new corporate structure focused on emerging technologies. The formation of McCarthy Finney, Inc. highlights the growing integration of artificial intelligence and decentralized web technologies (web3) into corporate service models. The expiration of the warrants, while a routine financial event, removes a layer of complexity from Auddia's capital structure as it prepares for this significant corporate change.
The potential impact extends to various stakeholders. For current Auddia shareholders, the merger represents a shift in investment thesis from a company focused on audio technology to one positioned in the AI and web3 shared services space. For the industry, the creation of a holding company providing these services could influence how other firms structure their technological infrastructure. Auddia's existing operations include its proprietary AI platform for audio, which powers services like Discovr Radio, the first music-promotion platform to deliver artists guaranteed exposure to radio listeners, and its flagship audio superapp, faidr, which offers ad-free listening and content skipping features. More information about these services is available at www.auddia.com.
The warrant expiration and impending merger underscore the dynamic nature of technology companies adapting to market trends. As AI and web3 continue to evolve, corporate reorganizations like Auddia's planned combination with McCarthy Finney may become more common, potentially reshaping service delivery models across multiple industries. Investors and industry observers can monitor further developments through the company's newsroom at https://tinyurl.com/auudnewsroom.
