Collective Audience (CAUD) just unveiled an announcement.
Collective Audience, Inc. acquired a majority stake in DSL Digital LLC, leading to DSL becoming a subsidiary of the company. The deal involved issuing restricted shares to DSL’s sole member, with a portion retained for future indemnification claims. Additionally, a lock-up agreement restricts the sale of these shares for up to two years, with the company also securing an option to buy the remaining DSL shares later on. This strategic move is significant for the company’s growth and may impact future market performance, as outlined in their recent press release.
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