Auddia Inc. (Nasdaq: AUUD) entered a definitive merger agreement with Thramann Holdings, LLC on February 17, 2026. Thramann Holdings is the accounting acquirer; the transaction is structured as a reverse recapitalization. Thramann Holdings operates three subsidiaries: Voyex (AI travel), Influence Healthcare (bundled care services), and LT350 (solar/AI infrastructure). The merger is contingent upon Auddia maintaining at least $12 million in net cash at closing. Post-merger, Auddia shareholders are expected to own approximately 20% of the combined entity, with Jeff Thramann owning approximately 80%. Thramann Holdings reported a net loss of $245,509 for the three months ended March 31, 2026, compared to a $105,721 loss in the prior year period.