Collective Audience terminates debt-to-equity exchanges; Series A Preferred never issued, debt reinstated

Collective Audience, Inc.

• Company terminated Exchange Agreements with Abri Capital Partners ($2.63M) and CEO Peter Bordes ($300k) on April 11, 2025.
• Certificate of Designation for Series A Preferred was not effective; no preferred shares authorized or issued.
• Debt extinguished under agreements reinstated with consent from Abri and Bordes.
• As of filing date, Company has only common stock authorized and outstanding.