CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- 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 22, 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 ...