M&A - Collective Audience, Inc.

Form Type: NT 10-Q

Filing Date: 2025-05-16

Corporate Action: Acquisition

Type: New

Accession Number: 000168316825003746

Filing Summary: Collective Audience, Inc. filed a Notification of Late Filing for its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. The filing is delayed due to the company's recent acquisition of The Odyssey SAS (BeOp), a French entity, which has involved complex accounting and disclosure requirements. Additionally, the company has experienced changes in its independent registered public accounting firm, going through two firms within a short period, which has contributed to the inability to file on time. The company is actively working on completing and filing the Form 10-Q but does not expect to do so within the five-day extension allowed by Rule 12b-25. There is a cautionary note regarding forward-looking statements related to the potential risks and uncertainties that could affect the timeliness and accuracy of the financial reporting.

Form Type: 10-Q

Filing Date: 2025-05-09

Corporate Action: Acquisition

Type: Update

Accession Number: 000168316825003349

Filing Summary: This 10-Q quarterly report provides an overview of Collective Audience, Inc.'s financial performance for the period ending September 30, 2024. The company experienced a net loss of $10,569,169, a significant increase compared to the prior year's loss. Total revenue was reported at $3,128,238, showing a decrease when juxtaposed to past performance metrics. Significant changes in assets and liabilities are noted, including a substantial increase in accounts receivable and total current liabilities amounting to $9,095,599. The report also highlights recent acquisitions, including DSL Digital LLC and BeOp, which have expanded the company's operations into digital marketing and B2B advertising. There were also shares issued for marketing consulting services and acquisitions. Furthermore, the report details the company's ongoing evaluation of financial conditions and the implications of its recent acquisitions on future operations. The document indicates that despite the losses, operational strategies relating to marketing and data management are set in place to improve revenue generation capabilities going forward. The accompanying notes elaborate on the acquisition strategies and business operations, emphasizing the transition to Collective Audience, Inc. through the merger with DLQ.

Form Type: NT 10-K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000168316825002177

Filing Summary: Collective Audience, Inc. is issuing a Notification of Late Filing on Form 12b-25 for its Annual Report on Form 10-K for the year ended December 31, 2024, due to delays in filing its consolidated financial statements. The delays are primarily attributed to the Company’s recent acquisition of The Odyssey SAS (dba BeOp), a French company specializing in conversational advertising, which introduced complex accounting and disclosure requirements. Additionally, the Company had to replace its previous accounting firm, Yusufali & Associates, LLC, following a PCAOB order that revoked their registration, and has appointed GreenGrowth CPAs as the new independent registered public accounting firm. These factors have resulted in an inability to file the Form 10-K within the prescribed time, and the Company does not expect to meet the 15-day extension period as mandated by Rule 12b-25.