{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-012880","form_type":"8-K","ticker":"IPOD","cik":"0002041047","company_name":"COLLECTIVE ACQUISITION CORP.","filed_at":"2026-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.100278+00:00","generated_at":"2026-05-16T04:34:59.320983+00:00","sec_items":["1.01","5.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dune Acquisition Corp II to change sponsor for $2M; new CEO and directors appointed","bullets":["New Sponsor (Collective Acquisition Sponsor LLC) to purchase 4.475M Class B shares and 1M private placement warrants for $2M.","Existing CEO Carter Glatt and CFO Michael Castaldy resign; Elliot Richmond appointed CEO and CFO.","Independent directors David Bailin and Jeremy Sziklay appointed; Carter Glatt to serve as Special Advisor.","Old sponsor member can repurchase transferred interests for $2M if no business combination agreement signed by May 7, 2026.","Closing expected on or around February 5, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-012880","json":"https://secwatch.observer/filing/0001213900-26-012880.json","markdown":"https://secwatch.observer/filing/0001213900-26-012880.md","text":"https://secwatch.observer/filing/0001213900-26-012880.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2041047/000121390026012880/0001213900-26-012880-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2041047/000121390026012880/ea0275785-8k_duneacq2.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:34:59.320983+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":"b94b480970e082e62b917573e182d320f8a3bf63","claim":"COLLECTIVE ACQUISITION CORP. entered into Purchase and Sponsor Handover Agreement with Collective Acquisition Sponsor LLC valued at $2,000,000 (effective 2026-01-30).","evidence_excerpt":"On January 30, 2026, Collective Acquisition Sponsor LLC, a Delaware limited liability company (the “ New Sponsor ”), Dune Acquisition Corporation II, a Cayman Islands exempted company (the “ SPAC ”), Dune Acquisition Holdings II LLC, a Delaware limited liability company (the “ Sponsor ”), Carter Glatt, as the managing member of Sponsor (the “ Sponsor Member ”), certain members of the Sponsor named as signatories thereto (the “ Non-Managing Members ”) and certain other institutional investors signatories thereto (the “ Non-Managing Investors ”, together with the Non-Managing Members and the Sponsor Member, the “ Old Sponsor Members ”) entered into a Purchase and Sponsor Handover Agreement (the “ Purchase Agreement ”) pursuant to which New Sponsor has agreed to purchase from the Sponsor, an aggregate of (i) 4,475,000 Class B ordinary shares, $0.0001 par value per share and (ii) 1,000,000 private placement warrants of the SPAC (the “ Transferred Interests ”), for an aggregate purchase pri","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2041047/000121390026012880/0001213900-26-012880-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Collective Acquisition Sponsor LLC"},{"label":"Value","value":"$2,000,000"},{"label":"Effective","value":"2026-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}