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In a recent transaction, Abri Ventures I, LLC, a ten percent owner of Collective Audience, Inc. (NASDAQ:CAUD), acquired a significant amount of the company’s common stock. On March 18, 2025, Abri Ventures purchased a total of 4,757,259 shares at a price of $0.10 per share, amounting to a total value of $475,625. This purchase was part of a private stock agreement with a stockholder of Collective Audience. The transaction comes as CAUD trades at $0.01, down nearly 98% year-to-date, with a current market capitalization of just $0.19 million. According to InvestingPro analysis, the stock appears undervalued at current levels.
Additionally, on March 19, 2025, Abri Ventures acquired 39,250,000 shares through a debt-for-equity exchange agreement with Collective Audience. These shares were issued at a price of $0.0254 per share, totaling approximately $996,950. This transaction settled a $1 million debt previously extended by Abri Ventures to the company. InvestingPro data reveals the company operates with a moderate debt level, with a debt-to-equity ratio of 1.4x and weak overall financial health.
Following these transactions, Abri Ventures holds a substantial number of shares, reflecting its continued investment in Collective Audience. The company’s current ratio stands at 0.3x, indicating potential liquidity challenges, as highlighted by InvestingPro’s comprehensive financial analysis.
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