Auddia shares surge following merger with Thramann Holdings, plans name change to McCarthy Finney
Feb 18, 2026
• Auddia (AUUDW) (AUUD) said Wednesday that its board, following a recommendation from its special committee of independent directors, has approved a definitive merger agreement to combine with Thramann Holdings, sending shares up 57% in premarket trading.
• Thramann Holdings is a privately held holding company that controls LT350, Influence Healthcare, and Voyex, three early-stage AI-native companies founded by Jeff Thramann.
• Upon closing of the transaction, Auddia will be renamed McCarthy Finney and trade under its new MCFN ticker. Auddia will become a fully owned subsidiary, and each of the three Thramann Holdings entities will also be fully owned by McCarthy Finney. Jeff Thramann will remain as CEO of McCarthy Finney and John Mahoney will remain as CFO, the company said.
• Auddia shareholders are expected to own 20% of McCarthy Finney at closing with 80% of the combined company expected to be owned at closing by Jeff Thramann.
• The closing of the merger will be conditioned on Auddia (AUUDW) (AUUD) having at least $12 million cash on hand at closing in order to provide cash runway to fund McCarthy Finney to key future business milestones.
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