Oct. 23 at 8:37 PM
$AUUD
The government shutdown is definitely slowing down Auddia’s merger with Thramann Holdings.
Why the Shutdown Matters
Regulatory Review Delays:
Mergers like this often need approval from federal agencies like the SEC, FTC, or DOJ. During a shutdown, these agencies have fewer staff, which means delays in filing, approvals, and legal processes.
Exclusivity Extension Tied to Shutdown:
Auddia and Thramann extended their exclusivity period until the shutdown ends. This clearly shows that regulatory delays are a factor.
Financing & Market Conditions:
The uncertainty caused by the shutdown may also be affecting capital markets, making it harder to get the
$10 million financing needed to close the deal.
So, yes, the shutdown is definitely a real bottleneck.
