M&A - Abri Ventures I, LLC

Form Type: SCHEDULE 13D/A

Filing Date: 2025-03-20

Corporate Action: Acquisition

Type: Update

Accession Number: 000147793225001866

Filing Summary: This document is Amendment No. 5 to Schedule 13D filed by Abri Ventures I, LLC and its affiliates regarding their beneficial ownership of shares of common stock of Collective Audience, Inc. The amendment reflects a series of recent transactions where the Reporting Persons acquired a total of 43,706,259 additional shares of Common Stock. This includes 3,332,875 shares, 211,955 shares, and 1,211,429 shares purchased through private transactions with an Issuer stockholder as detailed in Securities Purchase Agreements dated March 18, 2025. Moreover, the Reporting Persons received 39,250,000 shares in exchange for settling $1 million worth of previous loans through a Debt for Equity Exchange Agreement dated March 19, 2025. With these transactions, the Reporting Persons hold 180,559,610 shares, amounting to approximately 90.43% ownership of the total 199,670,192 shares issued and outstanding. The document indicates a significant level of control over the Issuer's business, with intentions to potentially influence corporate governance and explore strategic transactions like mergers or changes in management. There is no specific plan mentioned for corporate restructuring, but the Reporting Persons may consider further investments or divestments based on market conditions and strategic evaluations.

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