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[8-K] Auddia Inc. Warrants Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Broadridge Financial Solutions, Inc. (NYSE: BR) filed its Form 10-K for the fiscal year ended 30 June 2025. The company continues to be a two-segment business: Investor Communication Solutions (ICS) produced about 74 % of FY-25 revenue (75 % FY-24) while Global Technology & Operations (GTO) delivered roughly 26 % (25 % FY-24). As of 1 Aug 2025, 117.13 million common shares were outstanding; the public float was valued at $26.3 billion on 31 Dec 2024.

Scale remains a differentiator: Broadridge managed 900 million proxy positions, processed 7 billion+ investor communications and averaged $15 trillion in daily trade volume across its platforms. Management’s strategy focuses on (1) democratising and digitising governance, (2) simplifying capital-markets operations and (3) modernising wealth & investment management via SaaS delivery, AI tools such as BondGPT/OpsGPT and its blockchain-enabled Distributed Ledger Repo network. FY-25 activity featured the full integration of Itiviti (Trading & Connectivity Solutions) and the 2024 acquisition of Kyndryl’s Canadian Securities Industry Services clearing platform. Principal risks called out include heavy client concentration, cybersecurity threats, market-volume sensitivity and an evolving global regulatory landscape.

Broadridge Financial Solutions, Inc. (NYSE: BR) ha depositato il suo Modulo 10-K per l'anno fiscale terminato il 30 giugno 2025. L'azienda continua a operare in due segmenti: Investor Communication Solutions (ICS), che ha generato circa il 74% dei ricavi dell'anno fiscale 2025 (75% nell'anno fiscale 2024), mentre Global Technology & Operations (GTO) ha contribuito per circa il 26% (25% nell'anno fiscale 2024). Al 1° agosto 2025, erano in circolazione 117,13 milioni di azioni ordinarie; il flottante pubblico era valutato 26,3 miliardi di dollari al 31 dicembre 2024.

La scala rimane un elemento distintivo: Broadridge ha gestito 900 milioni di posizioni proxy, elaborato oltre 7 miliardi di comunicazioni agli investitori e ha registrato una media di 15 trilioni di dollari in volume di scambi giornalieri sulle sue piattaforme. La strategia della direzione si concentra su (1) democratizzare e digitalizzare la governance, (2) semplificare le operazioni dei mercati dei capitali e (3) modernizzare la gestione della ricchezza e degli investimenti tramite la fornitura SaaS, strumenti di intelligenza artificiale come BondGPT/OpsGPT e la sua rete Distributed Ledger Repo basata su blockchain. Le attività dell'anno fiscale 2025 hanno visto l'integrazione completa di Itiviti (Trading & Connectivity Solutions) e l'acquisizione nel 2024 della piattaforma di compensazione dei servizi per l'industria dei titoli canadese di Kyndryl. I principali rischi evidenziati includono la forte concentrazione dei clienti, le minacce informatiche, la sensibilità ai volumi di mercato e un panorama normativo globale in evoluzione.

Broadridge Financial Solutions, Inc. (NYSE: BR) presentó su Formulario 10-K para el año fiscal terminado el 30 de junio de 2025. La empresa sigue operando en dos segmentos: Investor Communication Solutions (ICS) generó aproximadamente el 74% de los ingresos del año fiscal 2025 (75% en el año fiscal 2024), mientras que Global Technology & Operations (GTO) aportó cerca del 26% (25% en el año fiscal 2024). Al 1 de agosto de 2025, había 117,13 millones de acciones ordinarias en circulación; el flotante público se valoró en 26,3 mil millones de dólares al 31 de diciembre de 2024.

La escala sigue siendo un factor diferenciador: Broadridge gestionó 900 millones de posiciones proxy, procesó más de 7 mil millones de comunicaciones para inversores y promedió 15 billones de dólares en volumen diario de operaciones en sus plataformas. La estrategia de la dirección se centra en (1) democratizar y digitalizar la gobernanza, (2) simplificar las operaciones del mercado de capitales y (3) modernizar la gestión de patrimonio e inversiones mediante la entrega SaaS, herramientas de inteligencia artificial como BondGPT/OpsGPT y su red Distributed Ledger Repo habilitada con blockchain. La actividad del año fiscal 2025 incluyó la integración completa de Itiviti (Trading & Connectivity Solutions) y la adquisición en 2024 de la plataforma de compensación de servicios para la industria de valores canadiense de Kyndryl. Los principales riesgos señalados incluyen la alta concentración de clientes, amenazas cibernéticas, sensibilidad al volumen del mercado y un panorama regulatorio global en evolución.

Broadridge Financial Solutions, Inc. (NYSE: BR)� 2025� 6� 30� 종료� 회계연도� 대� Form 10-K� 제출했습니다. 회사� 계속해서 � 개의 사업 부문으� 운영되고 있으�, Investor Communication Solutions(ICS)� 2025 회계연도 매출� � 74%(2024 회계연도 75%)� 차지했고, Global Technology & Operations(GTO)� � 26%(2024 회계연도 25%)� 차지했습니다. 2025� 8� 1� 기준으로 1� 1,713� 주의 보통주가 발행되었으며, 2024� 12� 31� 기준 공모 주식 가치는 263� 달러옶습니�.

규모� 여전� 차별� 요소입니�: Broadridge� 9� 개의 대리권 포지션을 관리했�, 70� � 이상� 투자� 커뮤니케이션� 처리했으�, 플랫� 전반에서 일일 평균 15� 달러� 거래량을 기록했습니다. 경영진의 전략은 (1) 거버넌스� 민주� � 디지털화, (2) 자본시장 운영� 간소�, (3) SaaS 제공, BondGPT/OpsGPT와 같은 AI 도구, 그리� 블록체인 기반 Distributed Ledger Repo 네트워크� 통한 자산 � 투자 관� 현대화에 중점� 둡니�. 2025 회계연도 활동에는 Itiviti(Trading & Connectivity Solutions)� 완전 통합� 2024� Kyndryl� 캐나� 증권 산업 서비� 청산 플랫� 인수가 포함되었습니�. 주요 위험 요소로는 고객 집중� 높음, 사이� 보안 위협, 시장 거래� 민감�, 그리� 변화하� 글로벌 규제 환경� 지적되었습니다.

Broadridge Financial Solutions, Inc. (NYSE : BR) a déposé son formulaire 10-K pour l'exercice clos le 30 juin 2025. L'entreprise reste structurée en deux segments : Investor Communication Solutions (ICS) a généré environ 74 % des revenus de l'exercice 2025 (75 % en 2024), tandis que Global Technology & Operations (GTO) a contribué à hauteur d'environ 26 % (25 % en 2024). Au 1er août 2025, 117,13 millions d'actions ordinaires étaient en circulation ; la capitalisation flottante publique était évaluée à 26,3 milliards de dollars au 31 décembre 2024.

L'échelle reste un facteur différenciateur : Broadridge a géré 900 millions de positions par procuration, traité plus de 7 milliards de communications aux investisseurs et enregistré un volume moyen quotidien de transactions de 15 000 milliards de dollars sur ses plateformes. La stratégie de la direction se concentre sur (1) la démocratisation et la numérisation de la gouvernance, (2) la simplification des opérations des marchés financiers, et (3) la modernisation de la gestion de patrimoine et des investissements via une offre SaaS, des outils d'IA tels que BondGPT/OpsGPT, et son réseau Distributed Ledger Repo basé sur la blockchain. Les activités de l'exercice 2025 ont inclus l'intégration complète d'Itiviti (Trading & Connectivity Solutions) et l'acquisition en 2024 de la plateforme de compensation des services de l'industrie des titres canadiens de Kyndryl. Les principaux risques identifiés comprennent une forte concentration de clients, des menaces en cybersécurité, la sensibilité aux volumes de marché et un environnement réglementaire mondial en évolution.

Broadridge Financial Solutions, Inc. (NYSE: BR) hat seinen Form 10-K für das am 30. Juni 2025 endende Geschäftsjahr eingereicht. Das Unternehmen bleibt ein Zwei-Segment-Geschäft: Investor Communication Solutions (ICS) erzielte etwa 74 % des Umsatzes im Geschäftsjahr 2025 (75 % im Geschäftsjahr 2024), während Global Technology & Operations (GTO) rund 26 % (25 % im Geschäftsjahr 2024) beitrug. Zum 1. August 2025 waren 117,13 Millionen Stammaktien ausstehend; der Streubesitz wurde am 31. Dezember 2024 mit 26,3 Milliarden US-Dollar bewertet.

Die Größe bleibt ein Unterscheidungsmerkmal: Broadridge verwaltete 900 Millionen Proxy-Positionen, verarbeitete über 7 Milliarden Investorenkommunikationen und erzielte durchschnittlich 15 Billionen US-Dollar täglichen Handelsvolumen über seine Plattformen. Die Management-Strategie konzentriert sich auf (1) Demokratisierung und Digitalisierung der Governance, (2) Vereinfachung der Kapitalmarktoperationen und (3) Modernisierung des Vermögens- und Investmentmanagements durch SaaS-Angebote, KI-Tools wie BondGPT/OpsGPT und das blockchain-basierte Distributed Ledger Repo Netzwerk. Die Aktivitäten im Geschäftsjahr 2025 umfassten die vollständige Integration von Itiviti (Trading & Connectivity Solutions) sowie die Übernahme der kanadischen Clearing-Plattform für Wertpapierdienstleistungen von Kyndryl im Jahr 2024. Hauptsächliche Risiken sind eine hohe Kundenkonzentration, Cybersecurity-Bedrohungen, Marktsensitivität gegenüber Volumen und ein sich wandelndes globales regulatorisches Umfeld.

Positive
  • ICS still generates 74 % of revenue, providing predictable, high-margin recurring fees.
  • Integration of Itiviti and acquisition of Kyndryl’s SIS strengthen global trading and Canadian wealth capabilities.
  • Introduced AI (BondGPT, OpsGPT) and blockchain DLR platform, signalling continued tech leadership.
  • Handles $15 trn daily trade volume and 900 m proxy positions, underscoring scale advantages and high client stickiness.
Negative
  • Relies on a relatively small number of large financial-services clients, heightening concentration risk.
  • Cybersecurity breaches or system failures identified as material threats to operations and reputation.
  • Revenue sensitive to overall securities-market activity; downturns could pressure volumes.
  • Increasing global regulatory requirements (SEC, FFIEC, GDPR, CPRA) may raise compliance costs.

Insights

TL;DR � Balanced filing; strategic tech investments offset by regulatory and concentration risks.

The 10-K reinforces Broadridge’s entrenched position in proxy distribution and post-trade processing. Revenue mix is stable, indicating predictable cash-flow visibility typical of SaaS-style recurring contracts. Expansion into AI, blockchain and Canadian clearing (SIS) widens TAM and should support mid-single-digit organic growth, yet the absence of hard FY-25 financials in this excerpt prevents margin assessment. Overall impact appears neutral pending full financial review.

TL;DR � Cyber, regulatory change and client reliance remain headline vulnerabilities.

Management discloses dependence on a limited client set, potential fallout from security breaches and sensitivity to securities-market activity—each capable of materially disrupting revenue concentration in ICS. Heightened global privacy statutes (GDPR, CPRA) and FFIEC oversight raise compliance costs. No going-concern issues noted, but risk profile demands monitoring as product complexity and data footprints expand.

Broadridge Financial Solutions, Inc. (NYSE: BR) ha depositato il suo Modulo 10-K per l'anno fiscale terminato il 30 giugno 2025. L'azienda continua a operare in due segmenti: Investor Communication Solutions (ICS), che ha generato circa il 74% dei ricavi dell'anno fiscale 2025 (75% nell'anno fiscale 2024), mentre Global Technology & Operations (GTO) ha contribuito per circa il 26% (25% nell'anno fiscale 2024). Al 1° agosto 2025, erano in circolazione 117,13 milioni di azioni ordinarie; il flottante pubblico era valutato 26,3 miliardi di dollari al 31 dicembre 2024.

La scala rimane un elemento distintivo: Broadridge ha gestito 900 milioni di posizioni proxy, elaborato oltre 7 miliardi di comunicazioni agli investitori e ha registrato una media di 15 trilioni di dollari in volume di scambi giornalieri sulle sue piattaforme. La strategia della direzione si concentra su (1) democratizzare e digitalizzare la governance, (2) semplificare le operazioni dei mercati dei capitali e (3) modernizzare la gestione della ricchezza e degli investimenti tramite la fornitura SaaS, strumenti di intelligenza artificiale come BondGPT/OpsGPT e la sua rete Distributed Ledger Repo basata su blockchain. Le attività dell'anno fiscale 2025 hanno visto l'integrazione completa di Itiviti (Trading & Connectivity Solutions) e l'acquisizione nel 2024 della piattaforma di compensazione dei servizi per l'industria dei titoli canadese di Kyndryl. I principali rischi evidenziati includono la forte concentrazione dei clienti, le minacce informatiche, la sensibilità ai volumi di mercato e un panorama normativo globale in evoluzione.

Broadridge Financial Solutions, Inc. (NYSE: BR) presentó su Formulario 10-K para el año fiscal terminado el 30 de junio de 2025. La empresa sigue operando en dos segmentos: Investor Communication Solutions (ICS) generó aproximadamente el 74% de los ingresos del año fiscal 2025 (75% en el año fiscal 2024), mientras que Global Technology & Operations (GTO) aportó cerca del 26% (25% en el año fiscal 2024). Al 1 de agosto de 2025, había 117,13 millones de acciones ordinarias en circulación; el flotante público se valoró en 26,3 mil millones de dólares al 31 de diciembre de 2024.

La escala sigue siendo un factor diferenciador: Broadridge gestionó 900 millones de posiciones proxy, procesó más de 7 mil millones de comunicaciones para inversores y promedió 15 billones de dólares en volumen diario de operaciones en sus plataformas. La estrategia de la dirección se centra en (1) democratizar y digitalizar la gobernanza, (2) simplificar las operaciones del mercado de capitales y (3) modernizar la gestión de patrimonio e inversiones mediante la entrega SaaS, herramientas de inteligencia artificial como BondGPT/OpsGPT y su red Distributed Ledger Repo habilitada con blockchain. La actividad del año fiscal 2025 incluyó la integración completa de Itiviti (Trading & Connectivity Solutions) y la adquisición en 2024 de la plataforma de compensación de servicios para la industria de valores canadiense de Kyndryl. Los principales riesgos señalados incluyen la alta concentración de clientes, amenazas cibernéticas, sensibilidad al volumen del mercado y un panorama regulatorio global en evolución.

Broadridge Financial Solutions, Inc. (NYSE: BR)� 2025� 6� 30� 종료� 회계연도� 대� Form 10-K� 제출했습니다. 회사� 계속해서 � 개의 사업 부문으� 운영되고 있으�, Investor Communication Solutions(ICS)� 2025 회계연도 매출� � 74%(2024 회계연도 75%)� 차지했고, Global Technology & Operations(GTO)� � 26%(2024 회계연도 25%)� 차지했습니다. 2025� 8� 1� 기준으로 1� 1,713� 주의 보통주가 발행되었으며, 2024� 12� 31� 기준 공모 주식 가치는 263� 달러옶습니�.

규모� 여전� 차별� 요소입니�: Broadridge� 9� 개의 대리권 포지션을 관리했�, 70� � 이상� 투자� 커뮤니케이션� 처리했으�, 플랫� 전반에서 일일 평균 15� 달러� 거래량을 기록했습니다. 경영진의 전략은 (1) 거버넌스� 민주� � 디지털화, (2) 자본시장 운영� 간소�, (3) SaaS 제공, BondGPT/OpsGPT와 같은 AI 도구, 그리� 블록체인 기반 Distributed Ledger Repo 네트워크� 통한 자산 � 투자 관� 현대화에 중점� 둡니�. 2025 회계연도 활동에는 Itiviti(Trading & Connectivity Solutions)� 완전 통합� 2024� Kyndryl� 캐나� 증권 산업 서비� 청산 플랫� 인수가 포함되었습니�. 주요 위험 요소로는 고객 집중� 높음, 사이� 보안 위협, 시장 거래� 민감�, 그리� 변화하� 글로벌 규제 환경� 지적되었습니다.

Broadridge Financial Solutions, Inc. (NYSE : BR) a déposé son formulaire 10-K pour l'exercice clos le 30 juin 2025. L'entreprise reste structurée en deux segments : Investor Communication Solutions (ICS) a généré environ 74 % des revenus de l'exercice 2025 (75 % en 2024), tandis que Global Technology & Operations (GTO) a contribué à hauteur d'environ 26 % (25 % en 2024). Au 1er août 2025, 117,13 millions d'actions ordinaires étaient en circulation ; la capitalisation flottante publique était évaluée à 26,3 milliards de dollars au 31 décembre 2024.

L'échelle reste un facteur différenciateur : Broadridge a géré 900 millions de positions par procuration, traité plus de 7 milliards de communications aux investisseurs et enregistré un volume moyen quotidien de transactions de 15 000 milliards de dollars sur ses plateformes. La stratégie de la direction se concentre sur (1) la démocratisation et la numérisation de la gouvernance, (2) la simplification des opérations des marchés financiers, et (3) la modernisation de la gestion de patrimoine et des investissements via une offre SaaS, des outils d'IA tels que BondGPT/OpsGPT, et son réseau Distributed Ledger Repo basé sur la blockchain. Les activités de l'exercice 2025 ont inclus l'intégration complète d'Itiviti (Trading & Connectivity Solutions) et l'acquisition en 2024 de la plateforme de compensation des services de l'industrie des titres canadiens de Kyndryl. Les principaux risques identifiés comprennent une forte concentration de clients, des menaces en cybersécurité, la sensibilité aux volumes de marché et un environnement réglementaire mondial en évolution.

Broadridge Financial Solutions, Inc. (NYSE: BR) hat seinen Form 10-K für das am 30. Juni 2025 endende Geschäftsjahr eingereicht. Das Unternehmen bleibt ein Zwei-Segment-Geschäft: Investor Communication Solutions (ICS) erzielte etwa 74 % des Umsatzes im Geschäftsjahr 2025 (75 % im Geschäftsjahr 2024), während Global Technology & Operations (GTO) rund 26 % (25 % im Geschäftsjahr 2024) beitrug. Zum 1. August 2025 waren 117,13 Millionen Stammaktien ausstehend; der Streubesitz wurde am 31. Dezember 2024 mit 26,3 Milliarden US-Dollar bewertet.

Die Größe bleibt ein Unterscheidungsmerkmal: Broadridge verwaltete 900 Millionen Proxy-Positionen, verarbeitete über 7 Milliarden Investorenkommunikationen und erzielte durchschnittlich 15 Billionen US-Dollar täglichen Handelsvolumen über seine Plattformen. Die Management-Strategie konzentriert sich auf (1) Demokratisierung und Digitalisierung der Governance, (2) Vereinfachung der Kapitalmarktoperationen und (3) Modernisierung des Vermögens- und Investmentmanagements durch SaaS-Angebote, KI-Tools wie BondGPT/OpsGPT und das blockchain-basierte Distributed Ledger Repo Netzwerk. Die Aktivitäten im Geschäftsjahr 2025 umfassten die vollständige Integration von Itiviti (Trading & Connectivity Solutions) sowie die Übernahme der kanadischen Clearing-Plattform für Wertpapierdienstleistungen von Kyndryl im Jahr 2024. Hauptsächliche Risiken sind eine hohe Kundenkonzentration, Cybersecurity-Bedrohungen, Marktsensitivität gegenüber Volumen und ein sich wandelndes globales regulatorisches Umfeld.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): August 5, 2025

 

AUDDIA INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40071   45-4257218

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1680 38th Street, Suite 130    
Boulder, Colorado   80301
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (303) 219-9771

 

Not Applicable

Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

  

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of exchange on which registered
Common Stock AUUD Nasdaq Stock Market
Common Stock Warrants AUUDW Nasdaq Stock Market

  

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

   

 

 

Item 8.01. Other Events.

 

On August 5, 2025, Auddia Inc. (the “Company”) issued a press release announcing that it had entered into a non-binding letter of intent (“LOI”) for a proposed business combination between the Company and Thramann Holdings, LLC (“Holdings”). The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits. The following exhibits are filed with this Form 8-K:

 

99.1   Press release issued by Auddia Inc. on August 5, 2025.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 

 

 

 

 2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

     
  AUDDIA INC.
     

August 5, 2025

By: /s/ John E. Mahoney
    Name: John E. Mahoney
    Title: Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

 

FAQ

What were Broadridge's main revenue segments in FY-25?

Investor Communication Solutions contributed ~74 % and Global Technology & Operations ~26 % of total revenue.

How many Broadridge (BR) shares were outstanding at 1 Aug 2025?

The company reported 117,129,320 shares outstanding, excluding 37.3 m treasury shares.

What key acquisitions or integrations were highlighted in the 10-K?

FY-25 integrated Itiviti into Trading & Connectivity Solutions and closed the 2024 purchase of Kyndryl’s Canadian SIS platform.

Which technology initiatives are driving Broadridge's growth strategy?

The report cites SaaS migration, AI tools such as BondGPT/OpsGPT and a blockchain-based Distributed Ledger Repo network.

What scale metrics demonstrate Broadridge's market reach?

The firm processed $15 trillion in daily trades, 7 billion communications and managed 900 million proxy positions in FY-25.

What are the primary risks identified by management?

Client concentration, cybersecurity threats, market-volume declines and evolving regulations across multiple jurisdictions.
Auddia Inc

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