{"success":true,"data":{"pressRelease":{"id":"20488","rtpr_id":"nGNX3M61bD","ticker":"AUUD","exchange":"NASDAQ","all_tickers":["AUUD"],"title":"Auddia Highlights LT350’s AI Infrastructure that Doesn’t Compete for Power, Water, or Land as Large Datacenters Face Restrictions","author":"Globe Newswire","published_at":"2026-05-05T10:00:00.745Z","article_body":"Tesla halts datacenter development due to local infrastructure constraints\n\nDenmark halts new projects amid AI driven power crisis\n\nLT350 offers a distributed, grid-supportive, AI infrastructure alternative\nbuilt for community compatibility and scale\n\nBOULDER, Colo., May 05, 2026 (GLOBE NEWSWIRE) -- Auddia Inc.\n(https://www.globenewswire.com/Tracker?data=26QorE2BH1rDlrghz8-6SYvI2oX4Ylz7fnYvV8wrGGeqoalAl_2BAE8MjOkU8JCYAnLiUD3fN6EQU1lSCnYgDQ==)\n(NASDAQ: AUUD) (“Auddia” or the “Company”) today highlighted the\nrelevance of LT350 as communities across the United States and internationally\nincreasingly oppose the construction of large AI datacenters. In recent weeks,\nthe city of Aurora, Illinois, west of Chicago, imposed some of the country’s\nstrictest restrictions on datacenters\n(https://www.globenewswire.com/Tracker?data=F8qdO6rt9OKdOAv1q7KFvpdY-GonbMxwNBQEyvokAQ2J4w9y6fnw4aTLZbQUeFNMRQSlNWN8sUTn3t49-A_CFBbqi-Uzegl6Yunw9dUML4U2ipCM-9viV16Zmo2vqSxN6_FB1xse_lEI51OcueqZhcvW6R4mDR1UwbnfELs1iK1koEyAQqgQTkjUAB_wLj4gCousN25bLOGJh3QAocaTi8otXGX5HhxNIhx4nV1ub0HWsYePG0prI366992pZOUowZAjBM1zPz9SezRTVFU3A2INuvRvAsH-is0G3yozElNiLuiy-gfk4-GqnQm23TuHIQEwMJNbWQ3McWeM1yjakxMUMoOQMnU_yzH6WWvBl3iSJkQUanQP79IIS7BJrtNwTwSTdwmfRKvNryhE9zpBpg==)\nrequiring developers to comply with new zoning requirements, energy use rules,\nwater consumption limits, and noise standards, Tesla halted work on a major\ndatacenter due to local infrastructure limitations\n(https://www.globenewswire.com/Tracker?data=R8VkrL7w6PNPDBaGEz98J2myb-203vlqFPiVZlZkkAj_5mfwwgILPV0vynojEPUoOSiqJL7i-Jc8CKp9ntyuqjIRNesTs-uty4Hllg7trXH-xwgWtJtb__u3zehGbL56OSK6zHJz-dlUNH84rXjQ49fCcsyb-_FSCYibFoJg41SX9YO12mCl_Vf9F8cy2b1JVDYtkUYfazF2HYa3Mbl5EjcOYn0RJXyDo-K9-enbypUxCklUzTybdfreaWJzh4TE)\nrelated to water usage, and Denmark halted new projects amid an AI driven\npower crisis\n(https://www.globenewswire.com/Tracker?data=rxD5maRPpphMyhKisJYjkp4Zrm8OVYxTtPTnD2RdMXz-BHCUXGb-BlnZVmOE74fRuo3_WOBHu8L4_Hd7bHT0-wU2xGeBE_cbypKhES4N5ITpXVO_jNcb-kg071sPFOkcI5K46RAyyYExVoij5h1JfEpL8SKkDrAFl6Dat7PzILO4EgKtQKjihHrqLWd7AnfLHa6K-mqG8ZhxRPXh_IiCw_YngiqFFZaQ8bL-doChzPDyAEo9MTy_t8-T_m_xvrY04nyuUbw4L5VcLE3lr3mFXZybvBvRGeKH24hYUXIuWNNESGEKF73yYeT8FAJrQEdVDTGvXM4DjyTrE11SSDBlP7hfQ5_aJDB54ZImvgVN_29svc_rR4-R4_vMmaqIED12u_Fs5HqZEMYxRCuxT1LBfbFysJfoLWl3wGE1CIPxafYb1J2vV7YF35EDva69x1_i).\n\nThese developments underscore the growing tension between AI demand and the\nlimits of traditional hyperscale datacenter models.\n\nLT350’s patented distributed architecture directly addresses the concerns\ndriving these moratoriums and restrictions including grid strain, land use,\nwater consumption, noise, and community impact by innovating how and where AI\ninfrastructure is deployed.\n\nLT350 is one of three new businesses that will be combined with Auddia in the\nnew McCarthy Finney holding company if Auddia’s recently announced business\ncombination with Thramann Holdings, LLC (“Thramann Holdings”) is\ncompleted.\n\nA Distributed, Grid-Edge Architecture That Reduces Local Grid Stress\n\nInstead of concentrating massive power loads in a single location, LT350\ndeploys small, modular AI compute sites in the unused airspace above existing\nparking lots. Each site includes:\n* On-site solar generation\n* Battery storage cartridges integrated at a 1:2 ratio with GPU cartridges\n* Closed loop liquid cooling with near zero water consumption\n* High efficiency power and thermal management software\nLT350 is not designed to run entirely on renewables. Instead, each site\ncharges batteries during periods of excess solar generation entering the grid\nor during off-peak grid hours. When the local grid is subsequently strained\nduring peak periods, each canopy can automatically switch to battery power.\nThis allows LT350 to behave as a grid resource, an AI load that can act like a\nbattery during peak demand. This reduces stress on local circuits and\ngenerates revenue from utilities for providing a grid support service.\n\nBy placing compute at the circuit level on the grid edge and serving as a\nresource for utilities to manage the energy demand of datacenters, LT350\navoids the transmission bottlenecks and substation overloads that have stalled\nhyperscale projects across the country.\n\nSolving the Issues Driving Community Resistance and Moratoriums\n\nLT350’s architecture eliminates the primary concerns raised in recent\nmoratorium debates:\n* No new land use – deployed in existing parking lot airspace\n* Zero water consumption – closed loop cooling with no evaporative systems\n* Minimal noise – no industrial scale chillers or fans\n* No transmission upgrades – deployed at the circuit level\n* No local grid stress – battery buffered, peak shaving operational design\n* No community disruption – small, distributed, and unobtrusive placements\nat existing C&I parking lots\nThis approach enables municipalities, enterprises, hospitals, campuses,\nstadiums, smart cities, and any other entity with a parking lot to deploy AI\ninfrastructure without the environmental footprint of traditional datacenters.\n\nA Distributed Mesh That Complements Hyperscale Clouds\n\nLT350’s sites form a distributed mesh that can operate independently to\nensure optimal security and speed for the most sensitive and latency dependent\ninference runs while also routing workloads back to hyperscale clouds as\nneeded. This hybrid model provides:\n* Lower latency\n* Higher resilience\n* Reduced grid impact\n* Faster deployment\n* Better alignment with community priorities\n“As AI moves from training to inference, we believe distributed\ninfrastructure is the future. LT350 was designed from day one to solve the\nexact issues now driving moratoriums across the country and internationally.\nCommunities need AI infrastructure that is clean, quiet, grid supportive, and\nland efficient. LT350’s proprietary platform delivers those exact\nsolutions.” said Jeff Thramann, CEO of Auddia and Founder of LT350.\n\nFor information about LT350, please visit www.LT350.com.\n\nLT350’s whitepaper, Distributed, Power-Sovereign AI Infrastructure for the\nInference Economy, is available here\n(https://www.globenewswire.com/Tracker?data=e7JrKuKHlEEmeQog_jad986g2vt6SFvCw1Ri_IMPD1fZ1D5lIy-Aj95qLhyFFffLyuyDhc4l0bCbjxS094xKnf9H65f_JOhUea60c8r3fBWA9HJLVKCO_CdQiZlGX27z69VLDaWpJR9aJ278A242lm7NMQkl10SW9ro5Aa9iej8=).\n\nAbout LT350, LLC\n\nLT350 is a distributed AI data center company with 13 issued and 3 pending\npatents covering a proprietary solar parking lot canopy infrastructure\nplatform that integrates modular battery storage and GPU cartridges into the\nceiling of the canopy to turn any parking lot into an AI data center. LT350\naims to build the most secure, lowest latency, cost effective, and rapidly\ndeployed network of distributed AI data centers at the edge by leveraging the\nuse of underutilized parking lot space while strengthening the existing power\ninfrastructure of local utilities.\n\nAbout Auddia Inc.\n\nAuddia, through its proprietary AI platform for audio, is reinventing not only\nhow consumers engage with AM/FM radio, podcasts, and other audio content but\nalso how artists and labels promote their music and gain access to mainstream\nradio audiences. Auddia’s Discovr Radio is the first music-promotion\nplatform to deliver artists guaranteed exposure to radio listeners. Auddia’s\nflagship audio superapp, called faidr, delivers multiple industry firsts,\nincluding:\n* Ad-free listening on any AM/FM music station\n* Content skipping across any AM/FM music station\n* One-touch skipping of entire podcast ad breaks\n* Integrated artist discovery experiences\nFor more information, visit www.auddia.com\n\nCautionary Note on Forward-Looking Statements\n\nCertain statements in this communication, other than purely historical\ninformation, may constitute “forward-looking statements” within the\nmeaning of the federal securities laws, including for purposes of the “safe\nharbor” provisions under the Private Securities Litigation Reform Act of\n1995, concerning Auddia, Thramann Holdings, and the proposed merger between\nAuddia and Thramann Holdings (the “Proposed Transaction”) and other\nmatters. These forward-looking statements include, but are not limited to,\nexpress or implied statements relating to Auddia’s and Thramann Holdings’\nmanagement expectations, hopes, beliefs, intentions or strategies regarding\nthe future including, without limitation, statements regarding: the structure,\ntiming and completion of the proposed merger by and between Auddia and\nThramann Holdings, and the expected effects, perceived benefits or\nopportunities of the Proposed Transaction; the combined company’s listing on\nNasdaq after the closing of the Proposed Transaction; expectations regarding\nthe structure, timing and completion of the financing needed to close the\nProposed Transaction, including investment amounts from investors, timing of\nclosing of the Proposed Transaction, expected proceed, expectations regarding\nthe use of proceeds, and impact on ownership structure; the anticipated timing\nof the closing; the expected executive officers and directors of the combined\ncompany; each company’s and the combined company’s expected cash position\nat the closing and cash runway of the combined company following the proposed\nmerger and any additional financing; the future operations of the combined\ncompany, including research and development activities; the nature, strategy\nand focus of the combined company; the development and commercial potential\nand potential benefits of any products and services of the combined company;\nthe cash balance of the combined entity at closing; expectations related to\nthe anticipated timing of the closing of the Proposed Transaction (the\n“Closing”); the expectations regarding the ownership structure of the\ncombined company; the expected trading of the combined company’s stock on\nNasdaq under the ticker symbol “MCFN” after the Closing; and other\nstatements that are not historical fact.\n\nAll statements other than statements of historical fact contained in this\ncommunication are forward-looking statements. In addition, any statements that\nrefer to projections, forecasts or other characterizations of future events or\ncircumstances, including any underlying assumptions, are forward-looking\nstatements. The words “opportunity,” “potential,” “milestones,”\n“pipeline,” “can,” “goal,” “strategy,” “target,”\n“anticipate,” “achieve,” “believe,” “contemplate,”\n“continue,” “could,” “estimate,” “expect,” “intends,”\n“may,” “plan,” “possible,” “project,” “should,”\n“will,” “would” and similar expressions (including the negatives of\nthese terms or variations of them) may identify forward-looking statements,\nbut the absence of these words does not mean that a statement is not\nforward-looking. These forward-looking statements are made based on current\nexpectations, estimates, forecasts, and projections, as well as the beliefs\nand assumptions of management, concerning future developments and their\npotential effects. There can be no assurance that future developments\naffecting Auddia, Thramann Holdings, or the Proposed Transaction will be those\nthat have been anticipated.\n\nThese forward-looking statements involve a number of risks and uncertainties,\nsome of which are beyond Auddia’s or Thramann Holdings’ control, or other\nassumptions that may cause actual results or performance to be materially\ndifferent from those expressed or implied by these forward-looking statements.\nThese risks and uncertainties include, but are not limited to, the risk that\nthe conditions to the Closing or consummation of the Proposed Transaction are\nnot satisfied, including the failure to timely obtain approval of the proposed\nmerger from Auddia’s stockholders the risk that the required financing is\nnot obtained in a timely manner, if at all; uncertainties as to the timing of\nthe consummation of the Proposed Transaction; risks related to Auddia’s\ncontinued listing on Nasdaq until closing of the Proposed Transaction and the\ncombined company’s ability to remain listed following the Closing;\nuncertainties regarding the impact any delay in the Closing would have on the\nanticipated cash resources of the combined company, and other events and\nunanticipated spending and costs that could reduce the combined company’s\ncash resources; the occurrence of any event, change or other circumstance or\ncondition that could give rise to the termination of the merger agreement; the\neffect of the announcement or pendency of the merger on Auddia’s or Thramann\nHoldings’ business relationships, operating results and business generally;\ncosts related to the merger; the risk that as a result of adjustments to the\nexchange ratio, Auddia’s or Thramann Holdings’ stockholders could own more\nor less of the combined company than is currently anticipated; risks related\nto the market price of Auddia’s common stock relative to the value suggested\nby the exchange ratio; risks related to the inability of the combined company\nto obtain sufficient additional capital to continue to advance the development\nof its products and services; costs of the Proposed Transaction and unexpected\ncosts, charges or expenses resulting from the Proposed Transaction; potential\nadverse reactions or changes to business relationships, operating results, and\nbusiness generally, resulting from the announcement or completion of the\nProposed Transaction;\n\nActual results and the timing of events could differ materially from those\nanticipated in such forward-looking statements as a result of these risks and\nuncertainties. These and other risks and uncertainties are more fully\ndescribed in periodic filings with the SEC, including the factors described in\nthe section titled “Risk Factors” in Auddia’s Annual Report on Form 10-K\nfor the year ended December 31, 2025, which was originally filed with the SEC\non March 6, 2026, subsequent Quarterly Reports on Form 10-Q filed with the\nSEC, and in other filings that Auddia makes and will make with the SEC in\nconnection with the Proposed Transaction, including the Form S-4 and Proxy\nStatement described below, as well as discussions of potential risks,\nuncertainties, and other important factors included in other filings by Auddia\nfrom time to time. Should one or more of these risks or uncertainties\nmaterialize, or should any of Auddia’s or Thramann Holdings’ assumptions\nprove incorrect, actual results may vary in material respects from those\nprojected in these forward-looking statements. Nothing in this communication\nshould be regarded as a representation by any person that the forward-looking\nstatements set forth herein will be achieved or that any of the contemplated\nresults of such forward-looking statements will be achieved. You should not\nplace undue reliance on forward-looking statements in this communication,\nwhich speak only as of the date they are made and are qualified in their\nentirety by reference to the cautionary statements herein. Neither Auddia nor\nThramann Holdings undertakes or accepts any duty to release publicly any\nupdates or revisions to any forward-looking statements contained herein to\nreflect any change in its expectations with regard thereto or any change in\nevents, conditions or circumstances on which any such statements are based,\nexcept as required by law. This communication does not purport to summarize\nall of the conditions, risks and other attributes of an investment in Auddia\nor Thramann Holdings.\n\nNo Offer or Solicitation\n\nThis communication and the information contained herein is not intended to and\ndoes not constitute (i) a solicitation of a proxy, consent or approval with\nrespect to any securities or in respect of the proposed transaction or (ii) an\noffer to sell or the solicitation of an offer to subscribe for or buy or an\ninvitation to purchase or subscribe for any securities pursuant to the\nproposed transaction or otherwise, nor shall there be any sale, issuance or\ntransfer of securities in any jurisdiction in contravention of applicable law.\nNo offering of securities shall be made except by means of a prospectus\nmeeting the requirements of Section 10 of the Securities Act of 1933, as\namended, and otherwise in accordance with applicable law, or an exemption\ntherefrom. Subject to certain exceptions to be approved by the relevant\nregulators or certain facts to be ascertained, the public offer will not be\nmade directly or indirectly, in or into any jurisdiction where to do so would\nconstitute a violation of the laws of such jurisdiction, or by use of the\nmails or by any means or instrumentality (including without limitation,\nfacsimile transmission, telephone and the internet) of interstate or foreign\ncommerce, or any facility of a national securities exchange, of any such\njurisdiction.\n\nNEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR\nDISAPPROVED OF THE SECURITIES OR DETERMINED IF THIS COMMUNICATION IS TRUTHFUL\nOR COMPLETE.\n\nImportant Additional Information about the Proposed Transaction Will be Filed\nwith the SEC\n\nThis communication relates to the proposed merger involving Auddia and\nThramann Holdings and may be deemed to be solicitation material in respect of\nthe proposed merger. In connection with the proposed Transaction, Auddia\nintends to file relevant materials with the SEC, including a registration\nstatement on Form S-4 (the “Form S-4”) that will contain a proxy statement\n(the “Proxy Statement”) and prospectus. This communication is not a\nsubstitute for the Form S-4, the Proxy Statement or for any other document\nthat Auddia may file with the SEC and/or send to Auddia’s stockholders in\nconnection with the proposed merger. AUDDIA URGES, BEFORE MAKING ANY VOTING\nDECISION, INVESTORS AND STOCKHOLDERS TO READ THE FORM S-4, THE PROXY STATEMENT\nAND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS\nANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR\nENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT\nINFORMATION ABOUT AUDDIA, THRAMANN HOLDINGS, THE PROPOSED TRANSACTION AND\nRELATED MATTERS.\n\nInvestors and stockholders will be able to obtain free copies of the Form S-4,\nthe Proxy Statement and other documents filed by Auddia with the SEC (when\nthey become available) through the website maintained by the SEC at\nwww.sec.gov. Copies of the documents filed by Auddia with the SEC will also be\navailable free of charge on Auddia’s website at www.auddia.com, or by\ncontacting Auddia’s Investor Relations at investors.auddiainc.com/contact\n(https://www.globenewswire.com/Tracker?data=G2qacT1CMJgWrvtIt0U6nxdMnduYua9Aiha8IEw6vsUzn6LhK7Rxxy5RGTyF-_idU_cAbgTGTKvenYZYoOSA20CC0ABOmXmPItn6IiG8qATCIR1QR2JYsF9fvxR77PAPkf5YFbiRDiwVdZpxaNB0DQ==).\nIn addition, investors and stockholders should note that Auddia with investors\nand the public using its website at investors.auddiainc.com\n(https://www.globenewswire.com/Tracker?data=G2qacT1CMJgWrvtIt0U6nxdMnduYua9Aiha8IEw6vsUmyOgeGYyjcVzCiA2D0E5_uESDputRINzE82vcLULmlAJPcEzvVzq3TnmR0zOhn6MpI5meU9b7PikAi5CB6ytI).\n\nParticipants in the Solicitation\n\nAuddia, Thramann Holdings, and their respective directors and certain of their\nexecutive officers and other members of management may be deemed to be\nparticipants in the solicitation of proxies from Auddia’s stockholders in\nconnection with the proposed transaction under the rules of the SEC.\nInformation about Auddia’s directors and executive officers, including a\ndescription of their interests in Auddia, is included in Auddia’s most\nrecent Annual Report on Form 10-K for the year ended December 31, 2025, which\nwas filed with the SEC on March 6, 2026. Additional information regarding the\npersons who may be deemed participants in the proxy solicitations, including\nabout the directors and executive officers of Thramann Holdings, and a\ndescription of their direct and indirect interests, by security holdings or\notherwise, will also be included in the Form S-4, the Proxy Statement and\nother relevant materials to be filed with the SEC when they become available.\nThese documents can be obtained free of charge from the sources indicated\nabove.\n\nInvestor Relations:\nKirin Smith, President\nPCG Advisory, Inc.\nksmith@pcgadvisory.com \nwww.pcgadvisory.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5d9f359c-4528-464b-adab-fd868562a947)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3M61bD","title":"Auddia Highlights LT350’s AI Infrastructure that Doesn’t Compete for Power, Water, or Land as Large Datacenters Face Restrictions","author":"Globe Newswire","ticker":"AUUD","created":"2026-05-05T10:00:00.745Z","tickers":["AUUD"],"exchange":"NASDAQ","article_body":"Tesla halts datacenter development due to local infrastructure constraints\n\nDenmark halts new projects amid AI driven power crisis\n\nLT350 offers a distributed, grid-supportive, AI infrastructure alternative\nbuilt for community compatibility and scale\n\nBOULDER, Colo., May 05, 2026 (GLOBE NEWSWIRE) -- Auddia Inc.\n(https://www.globenewswire.com/Tracker?data=26QorE2BH1rDlrghz8-6SYvI2oX4Ylz7fnYvV8wrGGeqoalAl_2BAE8MjOkU8JCYAnLiUD3fN6EQU1lSCnYgDQ==)\n(NASDAQ: AUUD) (“Auddia” or the “Company”) today highlighted the\nrelevance of LT350 as communities across the United States and internationally\nincreasingly oppose the construction of large AI datacenters. In recent weeks,\nthe city of Aurora, Illinois, west of Chicago, imposed some of the country’s\nstrictest restrictions on datacenters\n(https://www.globenewswire.com/Tracker?data=F8qdO6rt9OKdOAv1q7KFvpdY-GonbMxwNBQEyvokAQ2J4w9y6fnw4aTLZbQUeFNMRQSlNWN8sUTn3t49-A_CFBbqi-Uzegl6Yunw9dUML4U2ipCM-9viV16Zmo2vqSxN6_FB1xse_lEI51OcueqZhcvW6R4mDR1UwbnfELs1iK1koEyAQqgQTkjUAB_wLj4gCousN25bLOGJh3QAocaTi8otXGX5HhxNIhx4nV1ub0HWsYePG0prI366992pZOUowZAjBM1zPz9SezRTVFU3A2INuvRvAsH-is0G3yozElNiLuiy-gfk4-GqnQm23TuHIQEwMJNbWQ3McWeM1yjakxMUMoOQMnU_yzH6WWvBl3iSJkQUanQP79IIS7BJrtNwTwSTdwmfRKvNryhE9zpBpg==)\nrequiring developers to comply with new zoning requirements, energy use rules,\nwater consumption limits, and noise standards, Tesla halted work on a major\ndatacenter due to local infrastructure limitations\n(https://www.globenewswire.com/Tracker?data=R8VkrL7w6PNPDBaGEz98J2myb-203vlqFPiVZlZkkAj_5mfwwgILPV0vynojEPUoOSiqJL7i-Jc8CKp9ntyuqjIRNesTs-uty4Hllg7trXH-xwgWtJtb__u3zehGbL56OSK6zHJz-dlUNH84rXjQ49fCcsyb-_FSCYibFoJg41SX9YO12mCl_Vf9F8cy2b1JVDYtkUYfazF2HYa3Mbl5EjcOYn0RJXyDo-K9-enbypUxCklUzTybdfreaWJzh4TE)\nrelated to water usage, and Denmark halted new projects amid an AI driven\npower crisis\n(https://www.globenewswire.com/Tracker?data=rxD5maRPpphMyhKisJYjkp4Zrm8OVYxTtPTnD2RdMXz-BHCUXGb-BlnZVmOE74fRuo3_WOBHu8L4_Hd7bHT0-wU2xGeBE_cbypKhES4N5ITpXVO_jNcb-kg071sPFOkcI5K46RAyyYExVoij5h1JfEpL8SKkDrAFl6Dat7PzILO4EgKtQKjihHrqLWd7AnfLHa6K-mqG8ZhxRPXh_IiCw_YngiqFFZaQ8bL-doChzPDyAEo9MTy_t8-T_m_xvrY04nyuUbw4L5VcLE3lr3mFXZybvBvRGeKH24hYUXIuWNNESGEKF73yYeT8FAJrQEdVDTGvXM4DjyTrE11SSDBlP7hfQ5_aJDB54ZImvgVN_29svc_rR4-R4_vMmaqIED12u_Fs5HqZEMYxRCuxT1LBfbFysJfoLWl3wGE1CIPxafYb1J2vV7YF35EDva69x1_i).\n\nThese developments underscore the growing tension between AI demand and the\nlimits of traditional hyperscale datacenter models.\n\nLT350’s patented distributed architecture directly addresses the concerns\ndriving these moratoriums and restrictions including grid strain, land use,\nwater consumption, noise, and community impact by innovating how and where AI\ninfrastructure is deployed.\n\nLT350 is one of three new businesses that will be combined with Auddia in the\nnew McCarthy Finney holding company if Auddia’s recently announced business\ncombination with Thramann Holdings, LLC (“Thramann Holdings”) is\ncompleted.\n\nA Distributed, Grid-Edge Architecture That Reduces Local Grid Stress\n\nInstead of concentrating massive power loads in a single location, LT350\ndeploys small, modular AI compute sites in the unused airspace above existing\nparking lots. Each site includes:\n* On-site solar generation\n* Battery storage cartridges integrated at a 1:2 ratio with GPU cartridges\n* Closed loop liquid cooling with near zero water consumption\n* High efficiency power and thermal management software\nLT350 is not designed to run entirely on renewables. Instead, each site\ncharges batteries during periods of excess solar generation entering the grid\nor during off-peak grid hours. When the local grid is subsequently strained\nduring peak periods, each canopy can automatically switch to battery power.\nThis allows LT350 to behave as a grid resource, an AI load that can act like a\nbattery during peak demand. This reduces stress on local circuits and\ngenerates revenue from utilities for providing a grid support service.\n\nBy placing compute at the circuit level on the grid edge and serving as a\nresource for utilities to manage the energy demand of datacenters, LT350\navoids the transmission bottlenecks and substation overloads that have stalled\nhyperscale projects across the country.\n\nSolving the Issues Driving Community Resistance and Moratoriums\n\nLT350’s architecture eliminates the primary concerns raised in recent\nmoratorium debates:\n* No new land use – deployed in existing parking lot airspace\n* Zero water consumption – closed loop cooling with no evaporative systems\n* Minimal noise – no industrial scale chillers or fans\n* No transmission upgrades – deployed at the circuit level\n* No local grid stress – battery buffered, peak shaving operational design\n* No community disruption – small, distributed, and unobtrusive placements\nat existing C&I parking lots\nThis approach enables municipalities, enterprises, hospitals, campuses,\nstadiums, smart cities, and any other entity with a parking lot to deploy AI\ninfrastructure without the environmental footprint of traditional datacenters.\n\nA Distributed Mesh That Complements Hyperscale Clouds\n\nLT350’s sites form a distributed mesh that can operate independently to\nensure optimal security and speed for the most sensitive and latency dependent\ninference runs while also routing workloads back to hyperscale clouds as\nneeded. This hybrid model provides:\n* Lower latency\n* Higher resilience\n* Reduced grid impact\n* Faster deployment\n* Better alignment with community priorities\n“As AI moves from training to inference, we believe distributed\ninfrastructure is the future. LT350 was designed from day one to solve the\nexact issues now driving moratoriums across the country and internationally.\nCommunities need AI infrastructure that is clean, quiet, grid supportive, and\nland efficient. LT350’s proprietary platform delivers those exact\nsolutions.” said Jeff Thramann, CEO of Auddia and Founder of LT350.\n\nFor information about LT350, please visit www.LT350.com.\n\nLT350’s whitepaper, Distributed, Power-Sovereign AI Infrastructure for the\nInference Economy, is available here\n(https://www.globenewswire.com/Tracker?data=e7JrKuKHlEEmeQog_jad986g2vt6SFvCw1Ri_IMPD1fZ1D5lIy-Aj95qLhyFFffLyuyDhc4l0bCbjxS094xKnf9H65f_JOhUea60c8r3fBWA9HJLVKCO_CdQiZlGX27z69VLDaWpJR9aJ278A242lm7NMQkl10SW9ro5Aa9iej8=).\n\nAbout LT350, LLC\n\nLT350 is a distributed AI data center company with 13 issued and 3 pending\npatents covering a proprietary solar parking lot canopy infrastructure\nplatform that integrates modular battery storage and GPU cartridges into the\nceiling of the canopy to turn any parking lot into an AI data center. LT350\naims to build the most secure, lowest latency, cost effective, and rapidly\ndeployed network of distributed AI data centers at the edge by leveraging the\nuse of underutilized parking lot space while strengthening the existing power\ninfrastructure of local utilities.\n\nAbout Auddia Inc.\n\nAuddia, through its proprietary AI platform for audio, is reinventing not only\nhow consumers engage with AM/FM radio, podcasts, and other audio content but\nalso how artists and labels promote their music and gain access to mainstream\nradio audiences. Auddia’s Discovr Radio is the first music-promotion\nplatform to deliver artists guaranteed exposure to radio listeners. Auddia’s\nflagship audio superapp, called faidr, delivers multiple industry firsts,\nincluding:\n* Ad-free listening on any AM/FM music station\n* Content skipping across any AM/FM music station\n* One-touch skipping of entire podcast ad breaks\n* Integrated artist discovery experiences\nFor more information, visit www.auddia.com\n\nCautionary Note on Forward-Looking Statements\n\nCertain statements in this communication, other than purely historical\ninformation, may constitute “forward-looking statements” within the\nmeaning of the federal securities laws, including for purposes of the “safe\nharbor” provisions under the Private Securities Litigation Reform Act of\n1995, concerning Auddia, Thramann Holdings, and the proposed merger between\nAuddia and Thramann Holdings (the “Proposed Transaction”) and other\nmatters. These forward-looking statements include, but are not limited to,\nexpress or implied statements relating to Auddia’s and Thramann Holdings’\nmanagement expectations, hopes, beliefs, intentions or strategies regarding\nthe future including, without limitation, statements regarding: the structure,\ntiming and completion of the proposed merger by and between Auddia and\nThramann Holdings, and the expected effects, perceived benefits or\nopportunities of the Proposed Transaction; the combined company’s listing on\nNasdaq after the closing of the Proposed Transaction; expectations regarding\nthe structure, timing and completion of the financing needed to close the\nProposed Transaction, including investment amounts from investors, timing of\nclosing of the Proposed Transaction, expected proceed, expectations regarding\nthe use of proceeds, and impact on ownership structure; the anticipated timing\nof the closing; the expected executive officers and directors of the combined\ncompany; each company’s and the combined company’s expected cash position\nat the closing and cash runway of the combined company following the proposed\nmerger and any additional financing; the future operations of the combined\ncompany, including research and development activities; the nature, strategy\nand focus of the combined company; the development and commercial potential\nand potential benefits of any products and services of the combined company;\nthe cash balance of the combined entity at closing; expectations related to\nthe anticipated timing of the closing of the Proposed Transaction (the\n“Closing”); the expectations regarding the ownership structure of the\ncombined company; the expected trading of the combined company’s stock on\nNasdaq under the ticker symbol “MCFN” after the Closing; and other\nstatements that are not historical fact.\n\nAll statements other than statements of historical fact contained in this\ncommunication are forward-looking statements. In addition, any statements that\nrefer to projections, forecasts or other characterizations of future events or\ncircumstances, including any underlying assumptions, are forward-looking\nstatements. The words “opportunity,” “potential,” “milestones,”\n“pipeline,” “can,” “goal,” “strategy,” “target,”\n“anticipate,” “achieve,” “believe,” “contemplate,”\n“continue,” “could,” “estimate,” “expect,” “intends,”\n“may,” “plan,” “possible,” “project,” “should,”\n“will,” “would” and similar expressions (including the negatives of\nthese terms or variations of them) may identify forward-looking statements,\nbut the absence of these words does not mean that a statement is not\nforward-looking. These forward-looking statements are made based on current\nexpectations, estimates, forecasts, and projections, as well as the beliefs\nand assumptions of management, concerning future developments and their\npotential effects. There can be no assurance that future developments\naffecting Auddia, Thramann Holdings, or the Proposed Transaction will be those\nthat have been anticipated.\n\nThese forward-looking statements involve a number of risks and uncertainties,\nsome of which are beyond Auddia’s or Thramann Holdings’ control, or other\nassumptions that may cause actual results or performance to be materially\ndifferent from those expressed or implied by these forward-looking statements.\nThese risks and uncertainties include, but are not limited to, the risk that\nthe conditions to the Closing or consummation of the Proposed Transaction are\nnot satisfied, including the failure to timely obtain approval of the proposed\nmerger from Auddia’s stockholders the risk that the required financing is\nnot obtained in a timely manner, if at all; uncertainties as to the timing of\nthe consummation of the Proposed Transaction; risks related to Auddia’s\ncontinued listing on Nasdaq until closing of the Proposed Transaction and the\ncombined company’s ability to remain listed following the Closing;\nuncertainties regarding the impact any delay in the Closing would have on the\nanticipated cash resources of the combined company, and other events and\nunanticipated spending and costs that could reduce the combined company’s\ncash resources; the occurrence of any event, change or other circumstance or\ncondition that could give rise to the termination of the merger agreement; the\neffect of the announcement or pendency of the merger on Auddia’s or Thramann\nHoldings’ business relationships, operating results and business generally;\ncosts related to the merger; the risk that as a result of adjustments to the\nexchange ratio, Auddia’s or Thramann Holdings’ stockholders could own more\nor less of the combined company than is currently anticipated; risks related\nto the market price of Auddia’s common stock relative to the value suggested\nby the exchange ratio; risks related to the inability of the combined company\nto obtain sufficient additional capital to continue to advance the development\nof its products and services; costs of the Proposed Transaction and unexpected\ncosts, charges or expenses resulting from the Proposed Transaction; potential\nadverse reactions or changes to business relationships, operating results, and\nbusiness generally, resulting from the announcement or completion of the\nProposed Transaction;\n\nActual results and the timing of events could differ materially from those\nanticipated in such forward-looking statements as a result of these risks and\nuncertainties. These and other risks and uncertainties are more fully\ndescribed in periodic filings with the SEC, including the factors described in\nthe section titled “Risk Factors” in Auddia’s Annual Report on Form 10-K\nfor the year ended December 31, 2025, which was originally filed with the SEC\non March 6, 2026, subsequent Quarterly Reports on Form 10-Q filed with the\nSEC, and in other filings that Auddia makes and will make with the SEC in\nconnection with the Proposed Transaction, including the Form S-4 and Proxy\nStatement described below, as well as discussions of potential risks,\nuncertainties, and other important factors included in other filings by Auddia\nfrom time to time. Should one or more of these risks or uncertainties\nmaterialize, or should any of Auddia’s or Thramann Holdings’ assumptions\nprove incorrect, actual results may vary in material respects from those\nprojected in these forward-looking statements. Nothing in this communication\nshould be regarded as a representation by any person that the forward-looking\nstatements set forth herein will be achieved or that any of the contemplated\nresults of such forward-looking statements will be achieved. You should not\nplace undue reliance on forward-looking statements in this communication,\nwhich speak only as of the date they are made and are qualified in their\nentirety by reference to the cautionary statements herein. Neither Auddia nor\nThramann Holdings undertakes or accepts any duty to release publicly any\nupdates or revisions to any forward-looking statements contained herein to\nreflect any change in its expectations with regard thereto or any change in\nevents, conditions or circumstances on which any such statements are based,\nexcept as required by law. This communication does not purport to summarize\nall of the conditions, risks and other attributes of an investment in Auddia\nor Thramann Holdings.\n\nNo Offer or Solicitation\n\nThis communication and the information contained herein is not intended to and\ndoes not constitute (i) a solicitation of a proxy, consent or approval with\nrespect to any securities or in respect of the proposed transaction or (ii) an\noffer to sell or the solicitation of an offer to subscribe for or buy or an\ninvitation to purchase or subscribe for any securities pursuant to the\nproposed transaction or otherwise, nor shall there be any sale, issuance or\ntransfer of securities in any jurisdiction in contravention of applicable law.\nNo offering of securities shall be made except by means of a prospectus\nmeeting the requirements of Section 10 of the Securities Act of 1933, as\namended, and otherwise in accordance with applicable law, or an exemption\ntherefrom. Subject to certain exceptions to be approved by the relevant\nregulators or certain facts to be ascertained, the public offer will not be\nmade directly or indirectly, in or into any jurisdiction where to do so would\nconstitute a violation of the laws of such jurisdiction, or by use of the\nmails or by any means or instrumentality (including without limitation,\nfacsimile transmission, telephone and the internet) of interstate or foreign\ncommerce, or any facility of a national securities exchange, of any such\njurisdiction.\n\nNEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR\nDISAPPROVED OF THE SECURITIES OR DETERMINED IF THIS COMMUNICATION IS TRUTHFUL\nOR COMPLETE.\n\nImportant Additional Information about the Proposed Transaction Will be Filed\nwith the SEC\n\nThis communication relates to the proposed merger involving Auddia and\nThramann Holdings and may be deemed to be solicitation material in respect of\nthe proposed merger. In connection with the proposed Transaction, Auddia\nintends to file relevant materials with the SEC, including a registration\nstatement on Form S-4 (the “Form S-4”) that will contain a proxy statement\n(the “Proxy Statement”) and prospectus. This communication is not a\nsubstitute for the Form S-4, the Proxy Statement or for any other document\nthat Auddia may file with the SEC and/or send to Auddia’s stockholders in\nconnection with the proposed merger. AUDDIA URGES, BEFORE MAKING ANY VOTING\nDECISION, INVESTORS AND STOCKHOLDERS TO READ THE FORM S-4, THE PROXY STATEMENT\nAND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS\nANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR\nENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT\nINFORMATION ABOUT AUDDIA, THRAMANN HOLDINGS, THE PROPOSED TRANSACTION AND\nRELATED MATTERS.\n\nInvestors and stockholders will be able to obtain free copies of the Form S-4,\nthe Proxy Statement and other documents filed by Auddia with the SEC (when\nthey become available) through the website maintained by the SEC at\nwww.sec.gov. Copies of the documents filed by Auddia with the SEC will also be\navailable free of charge on Auddia’s website at www.auddia.com, or by\ncontacting Auddia’s Investor Relations at investors.auddiainc.com/contact\n(https://www.globenewswire.com/Tracker?data=G2qacT1CMJgWrvtIt0U6nxdMnduYua9Aiha8IEw6vsUzn6LhK7Rxxy5RGTyF-_idU_cAbgTGTKvenYZYoOSA20CC0ABOmXmPItn6IiG8qATCIR1QR2JYsF9fvxR77PAPkf5YFbiRDiwVdZpxaNB0DQ==).\nIn addition, investors and stockholders should note that Auddia with investors\nand the public using its website at investors.auddiainc.com\n(https://www.globenewswire.com/Tracker?data=G2qacT1CMJgWrvtIt0U6nxdMnduYua9Aiha8IEw6vsUmyOgeGYyjcVzCiA2D0E5_uESDputRINzE82vcLULmlAJPcEzvVzq3TnmR0zOhn6MpI5meU9b7PikAi5CB6ytI).\n\nParticipants in the Solicitation\n\nAuddia, Thramann Holdings, and their respective directors and certain of their\nexecutive officers and other members of management may be deemed to be\nparticipants in the solicitation of proxies from Auddia’s stockholders in\nconnection with the proposed transaction under the rules of the SEC.\nInformation about Auddia’s directors and executive officers, including a\ndescription of their interests in Auddia, is included in Auddia’s most\nrecent Annual Report on Form 10-K for the year ended December 31, 2025, which\nwas filed with the SEC on March 6, 2026. Additional information regarding the\npersons who may be deemed participants in the proxy solicitations, including\nabout the directors and executive officers of Thramann Holdings, and a\ndescription of their direct and indirect interests, by security holdings or\notherwise, will also be included in the Form S-4, the Proxy Statement and\nother relevant materials to be filed with the SEC when they become available.\nThese documents can be obtained free of charge from the sources indicated\nabove.\n\nInvestor Relations:\nKirin Smith, President\nPCG Advisory, Inc.\nksmith@pcgadvisory.com \nwww.pcgadvisory.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5d9f359c-4528-464b-adab-fd868562a947)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-05T10:00:00.877852489Z","server_sent_at_ms":1777975200877},"received_at":"2026-05-05T10:00:01.853Z","source_url":null},"analysis":{"id":"15103","press_release_id":"20488","analysis_json":{"industry":{"label":"Media & Entertainment","sector":"Communication Services"},"redFlags":["Release is largely promotional material describing a pending merger target (LT350) with no confirmed transaction close date or revenue figures."],"eventType":"other","narrative":"Auddia highlighted the strategic value of LT350, a distributed AI infrastructure business, arguing its model bypasses the power, water, and land restrictions currently halting major datacenter projects globally.\n\nLT350 utilizes a grid-edge architecture deployed in parking lot airspaces with on-site solar and battery storage to minimize local grid stress and avoid the moratoriums facing hyperscale competitors.\n\nThe LT350 business is slated to be combined with Auddia under the new McCarthy Finney holding company, pending the completion of the recently announced business combination with Thramann Holdings.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Promotional pitch for merger target LT350 amid industry power constraints — low priority without deal closure."},"keyFigures":{},"quotedText":"Communities need AI infrastructure that is clean, quiet, grid supportive, and land efficient. LT350’s proprietary platform delivers those exact solutions.","namedEntities":{"people":[{"name":"Jeff Thramann","role":"CEO of Auddia and Founder of LT350"}],"products":["LT350","Discovr Radio","faidr"],"companies":[{"name":"Auddia Inc.","ticker":"AUUD"},{"name":"Thramann Holdings, LLC","relationship":"acquisition target / partner"},{"name":"Tesla","relationship":"mentioned for context"},{"name":"McCarthy Finney","relationship":"proposed new holding company name"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Promotional press release highlighting the strategic positioning of a potential acquisition target (LT350). It argues the business solves current industry bottlenecks (power/water) but does not announce a closed transaction, revenue, or regulatory approval. The value proposition is theoretical pending the merger with Thramann Holdings."},"tickerRelevance":{"others":[],"primary":"AUUD"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"promotional-business-highlight","sectorWeight":"AI-hype","householdBrandBoost":0}},"event_type":"other","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Auddia highlighted the strategic value of LT350, a distributed AI infrastructure business, arguing its model bypasses the power, water, and land restrictions currently halting major datacenter projects globally.\n\nLT350 utilizes a grid-edge architecture deployed in parking lot airspaces with on-site solar and battery storage to minimize local grid stress and avoid the moratoriums facing hyperscale competitors.\n\nThe LT350 business is slated to be combined with Auddia under the new McCarthy Finney holding company, pending the completion of the recently announced business combination with Thramann Holdings.","key_figures":{},"named_entities":{"people":[{"name":"Jeff Thramann","role":"CEO of Auddia and Founder of LT350"}],"products":["LT350","Discovr Radio","faidr"],"companies":[{"name":"Auddia Inc.","ticker":"AUUD"},{"name":"Thramann Holdings, LLC","relationship":"acquisition target / partner"},{"name":"Tesla","relationship":"mentioned for context"},{"name":"McCarthy Finney","relationship":"proposed new holding company name"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-05T10:07:45.941Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap","eventGravity":"promotional-business-highlight","sectorWeight":"AI-hype","householdBrandBoost":0}},"durationMs":21436,"modelName":"glm-4.7"}}