---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-065931"
form_type: "8-K"
ticker: null
cik: "0001854583"
company_name: "Collective Audience, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:54:03.315233+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Collective Audience acquires BeOp for ~3M shares; pro forma revenue >$7.5M

## Summary
- Issued 3,006,667 restricted shares for 100% of BeOp; 666,667 shares held back for 12 months pending indemnification.
- Earnout of €50,000 in CAUD stock if BeOp meets 2024/2025 revenue and EBITDA targets.
- BeOp 2023 revenue $3.7M (+35% YoY); combined pro forma revenue expected >$7.5M in 2024 with positive EBITDA.
- Lock-up: 6 months for external investors; 6 months (50%) and 12 months (50%) for management/employees.
- BeOp serves 200+ premium publishers and brands like Samsung, Coca Cola, Paramount, Tommy Hilfiger.

## SEC filing metadata
- accession: 0001213900-24-065931
- form_type: 8-K
- cik: 0001854583
- company_name: Collective Audience, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854583/000121390024065931/0001213900-24-065931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854583/000121390024065931/ea0210681-8k_collect.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-065931
- JSON: https://secwatch.observer/filing/0001213900-24-065931.json
- Plain text: https://secwatch.observer/filing/0001213900-24-065931.txt

## Key facts
- M&A Transactions
  Collective Audience, Inc. completed an acquisition involving The Odyssey SAS (dba BeOp) for 3,006,667 shares of restricted Company common stock to the Sellers (closed 2024-08-01).
  - Action: acquisition
  - Counterparty: The Odyssey SAS (dba BeOp)
  - Consideration: 3,006,667 shares of restricted Company common stock to the Sellers
  - Closing: 2024-08-01
  source text: the Company (the “Acquisition”). The Acquisition closed concurrently on August 1, 2024 (the “Closing Date”). In consideration for the Acquisition, the Company issued a total of 3,006,667 shares of restricted Company common stock to the Sellers (the “Exchange Consideration”), provided, however, the Company held-back 666,667 shares of the Exchange Consideration to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854583/000121390024065931/0001213900-24-065931-index.htm

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