---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-030404"
form_type: "8-K"
ticker: null
cik: "0001854583"
company_name: "Collective Audience, Inc."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:28:05.536449+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Collective Audience enters $100K convertible note and €300K CEO loan

## Summary
- Issued $100,000 convertible note to Brown Stone Capital; 8% interest, 2-year maturity.
- Conversion price equals lower of $2.50 or 75% of avg 3 lowest VWAPs in prior 20 trading days.
- CEO Peter Bordes lends up to €300,000 via 7.5% promissory note, 1-year maturity.
- Convertible note proceeds used for audit/accounting fees and general working capital.
- Related-party CEO loan reviewed and unanimously approved by independent directors.

## SEC filing metadata
- accession: 0001213900-24-030404
- form_type: 8-K
- cik: 0001854583
- company_name: Collective Audience, Inc.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854583/000121390024030404/0001213900-24-030404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854583/000121390024030404/ea0203086-8k_collective.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-030404
- JSON: https://secwatch.observer/filing/0001213900-24-030404.json
- Plain text: https://secwatch.observer/filing/0001213900-24-030404.txt

## Key facts
- Debt Financings
  Collective Audience, Inc. incurred loan of up to €300,000 with Peter Bordes at 7.5% per annum maturing one (1) year maturity.
  - Instrument: loan
  - Principal: up to €300,000
  - Counterparty: Peter Bordes
  - Rate: 7.5% per annum
  - Maturity: one (1) year maturity
  - Event: incurrence
  source text: On March 31, 2024 (the “Promissory Note Closing Date”), the Company entered into a simple promissory note (the “Promissory Note”) with the Company’s Chief Executive Officer, Peter Bordes, pursuant to which Mr. Bordes lent certain money to the Company. The Promissory Note is for an aggregate principal amount of up to €300,000 and has a one (1) year maturity from the Promissory Closing Date, with an interest rate of 7.5% per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854583/000121390024030404/0001213900-24-030404-index.htm
- Material Agreements
  Collective Audience, Inc. entered into Purchase Agreement with an accredited investor valued at $100,000 (effective 2024-03-31).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an accredited investor
  - Value: $100,000
  - Effective: 2024-03-31
  source text: On March 31, 2024, Collective Audience, Inc. (the “Company”), a Delaware corporation, entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Holder”), which provided for the issuance and sale by the Company to the Holder of a convertible promissory note (the “March 2024 Convertible Note”) in the aggregate principal amount of $100,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854583/000121390024030404/0001213900-24-030404-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.