{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-040127","form_type":"8-K","ticker":null,"cik":"0001854583","company_name":"Collective Audience, Inc.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.882009+00:00","generated_at":"2026-06-02T22:25:50.873073+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Collective Audience resets warrant exercise price to $0.185; holders to exercise all warrants within 45 days","bullets":["Exercise price reduced from $5.00 (Feb 2024 warrants) and $2.13 (Dec 2023 warrants) to $0.185 per share.","Investors include Brown Stone Capital (1,348,839 warrants) and Timothy Wong (348,839 warrants); total 1,697,678 warrants.","Warrants must be exercised within 45 days of April 26, 2024, generating ~$314,070 in aggregate proceeds.","Standstill provision prohibits warrant share sales for 5 trading days after execution."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-040127","json":"https://secwatch.observer/filing/0001213900-24-040127.json","markdown":"https://secwatch.observer/filing/0001213900-24-040127.md","text":"https://secwatch.observer/filing/0001213900-24-040127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854583/000121390024040127/0001213900-24-040127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854583/000121390024040127/ea0205336-8k_collective.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:25:50.873073+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2dab4d97f4004f45f73c0dfad8609786be731c8c","claim":"Collective Audience, Inc. entered into Exercise Price Reset Agreement with certain accredited investors (effective 2024-04-26).","evidence_excerpt":"On April 26, 2024 (the \"Execution Date\"), the Company entered into an Exercise Price Reset Agreement (the \"Reset Agreement\") with the Investors from the February Private Placement and December Private Placement pursuant to which, among other things, the Company agreed to reset the exercise price of the February Investor’s February Warrants from $5.00 per share of the Company’s common stock, par value $0.0001 (“Common Stock”), to $0.185 per share of Common Stock (the “Reset Exercise Price”) and to reset the December Investor’s December Warrants from an exercise price of $2.13 per share of Common Stock to the Reset Exercise Price.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854583/000121390024040127/0001213900-24-040127-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Effective","value":"2024-04-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}