secwatch.observer — SEC 8-K summary
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Issuer:     COLLECTIVE ACQUISITION CORP. (IPOD)
CIK:        0002041047
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001213900-26-012880
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dune Acquisition Corp II to change sponsor for $2M; new CEO and directors appointed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2041047/000121390026012880/0001213900-26-012880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2041047/000121390026012880/ea0275785-8k_duneacq2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-012880

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer