On March 31, 2024, Collective Audience, Inc., a Delaware-based company, announced the completion of two significant financial transactions. The company entered into a securities purchase agreement with an accredited investor, issuing a convertible promissory note for $100,000, which is convertible into common stock under certain conditions. This convertible note carries an 8% annual interest rate, maturing in two years, with the option for the company to pay interest quarterly or add it to the principal. The note also includes a default interest rate of 18% if not repaid by the maturity date. Additionally, Collective Audience's CEO, Peter Bordes, provided a loan to the company through a simple promissory note for up to €300,000 with a one-year maturity and a 7.5% annual interest rate. This transaction was approved by the company's independent directors in compliance with Nasdaq rules. Both notes were detailed in the company's Form 8-K filed with the SEC, with the convertible note and the securities purchase agreement attached as exhibits.

On March 31, 2024, Collective Audience, Inc., a Delaware-based company, announced the completion of two significant financial transactions. The company entered into a securities purchase agreement with an accredited investor, issuing a convertible promissory note for $100,000, which is convertible into common stock under certain conditions. This convertible note carries an 8% annual interest rate, maturing in two years, with the option for the company to pay interest quarterly or add it to the principal. The note also includes a default interest rate of 18% if not repaid by the maturity date. Additionally, Collective Audience's CEO, Peter Bordes, provided a loan to the company through a simple promissory note for up to €300,000 with a one-year maturity and a 7.5% annual interest rate. This transaction was approved by the company's independent directors in compliance with Nasdaq rules. Both notes were detailed in the company's Form 8-K filed with the SEC, with the convertible note and the securities purchase agreement attached as exhibits.