Auddia Inc (NASDAQ:AUUD) shares are jumping Monday after the SEC cleared a key regulatory hurdle in the company's planned merger with Thramann Holdings, declaring effective the Form S-4 registration statement.

Here's what you should know.

Auddia shares are powering higher.

What's driving AUUD stock higher?

S-4 Effectiveness Moves the Merger Into its Final Stage The SEC's decision to declare the S-4 effective marks what the company described as a major milestone in the path toward completing the business combination with Thramann Holdings, which wholly owns three early-stage AI businesses: LT350, Influence Healthcare and Voyex.