Home / Auditor changes / Collective Audience, Inc.

5/5Collective Audience, Inc. (CAUD): Auditor change

Filed 2025-04-04 路 Form 8-K 路 Accession 0001683168-25-002290 nano

Market data

Price before filing: $0.03 (2025-04-03 close, split/dividend-adjusted)
Market cap at flag: $488,778 (2025-04-04) 路 Latest: $3,259 (2026-10-12)

What happened next

WindowCAUDSPYvs SPY
30 days+60.0%+5.0%+55.0%2025-05-05
90 days-26.0%+16.9%-42.9%2025-07-03
180 days+3.3%+25.3%-21.9%2025-10-01

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $121K (1 sale); 2 insiders bought $142K (4 purchases, 2 without a usable price)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-03-18Abri Ventures I, LLC
10% owner
Purchase3,332,875$0.10check filingnoForm 4
2025-03-18Abri Ventures I, LLC
10% owner
Purchase211,955$0.10$21KnoForm 4
2025-03-18Abri Ventures I, LLC
10% owner
Purchase1,211,429$0.10$121KnoForm 4
2025-03-20BORDES PETER A JR
Chief Executive Officer
Sale1,211,429$0.10$121KnoForm 4
2025-03-28BORDES PETER A JR
Chief Executive Officer
Purchase7,978n/an/anoForm 4
2025-04-04: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-04 to 2025-05-04. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(the "Company"), and the Board's Audit Committee, approved the engagement of Boladale Lawal & Co., Chartered Accountants ("BL") as the Company's independent registered public accounting firm to audit the Company's consolidated financial statements for the fiscal year ended December 31, 2024, the interim period review for the fiscal quarter ended September 30, 2024 and the remainder of year ending December 31, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: yes
New auditor: Boladale Lawal & Co.

Why this score: disagreements reported; also within 90 days: Going-concern doubt, Late annual report (NT 10-K), Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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