Auddia Merging with Thramann Holdings to Build AI-Web3 Powerhouse: 80-20 Deal Structure Revealed

Auddia (NASDAQ: AUUD) has taken a major strategic turn, approving a non-binding letter of intent to merge with Thramann Holdings—a privately held company controlling three AI-native startups. Under the proposed deal, Thramann Holdings’ shareholders will hold 80% of the combined entity, with current Auddia shareholders retaining 20%, creating a publicly traded holding company focused on delivering artificial intelligence and blockchain efficiencies across portfolio businesses.

The Deal: What’s Changing and Why

The restructuring transforms Auddia from a standalone audio tech company into a strategic holding company that consolidates AI infrastructure, computing resources, and web3 capabilities. The holding company will focus on three core value drivers: centralized AI model training and engineering, discounted compute costs for portfolio companies, and treasury strategies leveraging blockchain and digital tokens to optimize operations.

Jeff Thramann, who founded Auddia and currently serves as CEO, will maintain leadership of the public holding company post-merger. John Mahoney continues as CFO, overseeing finances across all subsidiaries. The Auddia board will initially control the board seat structure, though they intend to appoint a new CEO specifically for Auddia’s audio platform business.

Who Controls What: The Three Operating Companies

Thramann Holdings brings three early-stage AI companies into the fold:

LT350 operates as a distributed AI data center company with 9 issued patents centered on solar-powered parking lot canopies. The company has already secured a strategic partnership with a top-tier convenience store chain—complete with an equity investment—to pilot converting gas station canopies into AI data center infrastructure. The partnership theoretically could scale into the world’s largest distributed compute network at minimal cost.

Influence Healthcare positions itself as a value-based care provider combining artificial intelligence, blockchain technology, and vertical integration to help surgeons drive adoption of value-based care models in surgical specialties.

Voyex tackles flight operations through agentic AI, addressing passenger pain points around flight delays and cancellations.

Auddia’s Core Business Remains Unchanged

Auddia continues operating faidr, its flagship audio identification platform. The app delivers ad-free subscription listening across AM/FM radio stations, allows cross-station content skipping, and enables one-touch podcast ad break removal. The platform curates exclusive content and playlists through partnerships with DJs and music curators.

Transaction Terms and Timeline

The parties have committed to a 30-day exclusivity window to negotiate a definitive merger agreement. Closing conditions include board and shareholder approval, regulatory clearance, SEC registration statement effectiveness, and Nasdaq continued listing standards. Importantly, the deal requires Auddia to raise at least $10 million in additional capital to fund ongoing operations and the combined business through close.

This related-party transaction—since Jeff Thramann controls Auddia while founding and majority-owning Thramann Holdings—underwent review by a Special Committee of Independent Directors in July 2025. The committee engaged independent counsel and expects to hire an investment bank to deliver a fairness opinion on the proposed structure.

What It Means

The combination signals a pivot toward horizontal integration in AI infrastructure and web3 applications. Rather than competing as separate entities, the merged company positions itself to cross-sell AI compute efficiencies and blockchain strategies across healthcare, logistics, energy, and audio entertainment verticals. Whether the combination materializes depends on negotiating definitive terms, securing required approvals, and closing the $10 million capital raise.