CORRECTION - Vocodia Announces Founder and Management Team Investments in Company IPO
27 Mars 2024 - 9:43PM
Vocodia Holdings Corp. (CBOE: VHAI) ("Vocodia" or the
"Company"), an AI software company that builds practical AI
functions, today announced that the Company’s senior management
team invested in Vocodia’s Initial Public Offering (“IPO”) that was
completed on February 26, 2024.
Brian Podolak, Co-Founder, Chief Executive
Officer and Director of Vocodia, invested $400,000 through the
purchase of 94,117 units of the IPO. James Sposato, Co-Founder,
Chief Technology Officer and Director, and Scott Silverman, Chief
Financial Officer, also participated in the IPO. All units were
purchased at the offering price of $4.25.
Mr. Podolak commented, "The team and I are proud
to demonstrate our strong belief in Vocodia's future growth by
participating alongside our investors in the Company's IPO."
Following the IPO, Mr. Podolak and Mr. Sposato
each hold approximately 1.1 million shares of Vocodia's common
stock and Mr. Silverman holds approximately 131,000 shares.
A true pioneer in the field, Vocodia's
proprietary AI boasts dedicated phone switches capable of handling
20,000 calls simultaneously, eradicating hold times and propelling
the client company into a new era of efficiency and customer
satisfaction.
About Vocodia Holdings Corp.
Vocodia is an AI software company that build
practical AI functions and makes them easily obtainable for
businesses on cloud-based platform solutions at low costs and
scalable to multiagent vast enterprise solutions. Vocodia is a
conversational AI software developer and provider that offers
scalable enterprise-level AI sales and customer service solutions
which allow for AI sales representatives to reduce human labor
costs and responsibilities while increasing the reach and efficacy
of human-led, purposeful, agenda driven and conversational
communications. Vocodia deliver its patent pending conversational
AI software in the form of Digital Intelligent Sales Agents (the
"DISAs"), which are built with AI software programmed to sound and
feel human and to perform business tasks that require humans to
converse with one another effectively, and thus to provide the best
representation for each of its customers' businesses. For more
information, please visit: www.vocodia.com
Forward-Looking Statements
This release contains "forward-looking
statements" within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as:
"anticipate," "intend," "plan," "believe," "project," "estimate,"
"expect," strategy," "future," "likely," "may,", "should," "will"
and similar references to future periods. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on our current beliefs,
expectations and assumptions regarding the future of our business,
future plans and strategies, projections, anticipated events and
trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking statements.
Therefore, you should not rely on any of these forward-looking
statements. Important factors that could cause our actual
results and financial condition to differ materially from those
indicated in the forward-looking statements include, among others,
the risks and uncertainties more fully in the section captioned
"Risk Factors" in the Company's Registration Statement on Form S-1
related to the public offering (SEC File No. File No. 333-269489)
and other reports we file with the SEC. As a result of these
matters, changes in facts, assumptions not being realized or other
circumstances, our actual results may differ materially from the
expected results discussed in the forward-looking statements
contained in this press release. Forward-looking statements
contained in this announcement are made as of this date, and
undertake no duty to update such information except as required
under applicable law.
Contact:Jeff RamsonPCG
Advisory646-863-6893jramson@pcgadvisory.com
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