Summary by Moomoo AI
On February 19, 2024, Collective Audience, Inc., a Delaware-based company, announced the successful closure of a private placement offering. The company entered into a securities purchase agreement with certain investors, issuing warrants to purchase up to 1,000,000 shares of its common stock at an exercise price of $5.00 per share, generating an aggregate gross proceeds of approximately $10,000. These warrants are immediately exercisable and will expire five years from the date of issuance. The company has committed to making reasonable efforts to register the Warrant Shares on a Form S-1 registration statement under the Securities Act of 1933 within fifteen days following the closing. Notably, the offering was completed without the involvement of any underwriters or placement agents.
