Summary by Futu AI
On April 8, 2024, a significant transaction occurred involving Collective Audience, Inc., where Abri Ventures I, LLC, Abri Advisors Inc., and Jeffrey Tirman collectively reported the sale of 1,013,078 shares of Collective Audience's common stock, representing 7.38% of the company. This transaction was disclosed in an Amendment No. 2 to Schedule 13D filed with the SEC. The sale was executed for liquidity and market purposes, with the Reporting Persons indicating the potential for future transactions based on market conditions and investment opportunities. Abri Ventures previously acted as the sponsor to Collective Audience, and Jeffrey Tirman, who is associated with both Abri Ventures and Abri Advisors, had resigned as CEO and Chairman of Collective Audience in November 2023. The Reporting Persons have not engaged in any other transactions of the company's stock in the past 60 days, and there are no plans or proposals that would result in significant corporate changes as outlined in the Schedule 13D.