On April 19, 2024, Collective Audience, Inc., a Delaware corporation listed on The Nasdaq Global Market under the symbol CAUD, received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's stock had closed below the $1.00 per share threshold for 32 consecutive trading days. Despite this, the company's listing remains effective, and it has until October 16, 2024, to regain compliance. If the stock's closing bid price reaches $1.00 per share for at least 10 consecutive business days before this deadline, the issue will be considered resolved. Additionally, on April 24, 2024, Collective Audience was notified of non-compliance with Nasdaq's listing requirements due to the delayed filing of its Annual Report on Form 10-K for the fiscal year ended...Show More

On April 19, 2024, Collective Audience, Inc., a Delaware corporation listed on The Nasdaq Global Market under the symbol CAUD, received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's stock had closed below the $1.00 per share threshold for 32 consecutive trading days. Despite this, the company's listing remains effective, and it has until October 16, 2024, to regain compliance. If the stock's closing bid price reaches $1.00 per share for at least 10 consecutive business days before this deadline, the issue will be considered resolved. Additionally, on April 24, 2024, Collective Audience was notified of non-compliance with Nasdaq's listing requirements due to the delayed filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company has 60 days from the notice to submit a plan to regain compliance and may be granted up to 180 days to file the report. CEO Peter Bordes attributed the delay to the time needed to complete accounting after a de-SPAC transaction and expressed confidence in regaining compliance. The company has also been focusing on audience-based performance advertising and media, launching AudienceDesk™ powered by AudienceCloud™, announcing new board members, partnerships, and pending acquisitions.