share_log

8-K: Current report

SEC ·  May 31 04:20

Summary by Futu AI

On May 23, 2024, Collective Audience, Inc., a Delaware corporation listed on the Nasdaq Global Market under the symbol CAUD, received a notification from Nasdaq for non-compliance with Listing Rule 5250(c)(1). This rule requires timely filing of periodic financial reports with the SEC. The non-compliance pertains to the company's failure to file its Quarterly Report for the fiscal quarter ended March 31, 2024, and its Annual Report for the fiscal year ended December 31, 2023. Despite the notice, the company's stock listing remains effective on Nasdaq. Collective Audience has until June 24, 2024, to submit a plan to regain compliance or file the overdue reports. The company intends to file the reports promptly to regain compliance and may submit a compliance plan by the...Show More
On May 23, 2024, Collective Audience, Inc., a Delaware corporation listed on the Nasdaq Global Market under the symbol CAUD, received a notification from Nasdaq for non-compliance with Listing Rule 5250(c)(1). This rule requires timely filing of periodic financial reports with the SEC. The non-compliance pertains to the company's failure to file its Quarterly Report for the fiscal quarter ended March 31, 2024, and its Annual Report for the fiscal year ended December 31, 2023. Despite the notice, the company's stock listing remains effective on Nasdaq. Collective Audience has until June 24, 2024, to submit a plan to regain compliance or file the overdue reports. The company intends to file the reports promptly to regain compliance and may submit a compliance plan by the deadline if necessary. On May 30, 2024, the company issued a press release addressing the Nasdaq deficiencies, citing the delay in filing due to a de-SPAC transaction completed last year. CEO Peter Bordes expressed confidence in setting a solid reporting foundation and in the company's growth plans, including the launch of their AdTech platform, AudienceDesk™ powered by AudienceCloud™, and upcoming acquisitions.

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