secwatch.observer — SEC 8-K summary
======================================

Issuer:     COLLECTIVE ACQUISITION CORP. (IPOD)
CIK:        0002041047
Form:       8-K
Filed at:   2026-07-20T21:20:12+00:00
Accession:  0001213900-26-079700
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Collective Acquisition Corp. names Maximilian Staedtler CFO, issues $500K promissory note
--------------------------------------------------------------------------------

- Elliot Richmond resigned as CFO effective July 17, 2026; remains Chairman and CEO.
- Maximilian Staedtler appointed CFO effective July 17, 2026; previously Managing Director at 10X Capital.
- Issued unsecured promissory note up to $500,000 to sponsor Collective Acquisition Sponsor LLC, no interest.
- Note convertible into warrants at $1.00 per warrant; due upon business combination or winding up.
- Sponsor waived any claims against the trust account from IPO proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2041047/000121390026079700/0001213900-26-079700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2041047/000121390026079700/ea0298481-8k_collective.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-079700

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