--- title: "Collective Acquisition issues 3.5 million Class A shares to sponsor in unregistered conversion" type: "News" locale: "en" url: "https://longbridge.com/en/news/296336418.md" description: "Collective Acquisition converted 3.5 million Class B ordinary shares into unregistered Class A ordinary shares on Aug. 13, 2026, issued to its sponsor with no consideration paid. Post-conversion, there are 5,119,501 Class A and 2,250,000 Class B shares outstanding. The new Class A shares retain prior restrictions, including transfer limits and voting support requirements. The issuance relied on the Securities Act Section 3(a)(9) registration exemption." datetime: "2026-08-19T10:05:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296336418.md) - [en](https://longbridge.com/en/news/296336418.md) - [zh-HK](https://longbridge.com/zh-HK/news/296336418.md) generator: "portal-rs" --- # Collective Acquisition issues 3.5 million Class A shares to sponsor in unregistered conversion - Collective Acquisition converted 3,500,000 Class B Ordinary Shares into 3,500,000 unregistered Class A Ordinary Shares on Aug. 13, 2026. \* Shares issued to sponsor Collective Acquisition Sponsor LLC with no consideration paid. \* Post-conversion share count: 5,119,501 Class A Ordinary Shares outstanding; 2,250,000 Class B Ordinary Shares outstanding. \* New Class A shares carry prior Class B restrictions, including transfer limits, redemption waivers, voting support for a business combination. \* Issuance relied on Securities Act Section 3(a)(9) registration exemption. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Collective Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-091360), on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [CCAQ.US](https://longbridge.com/en/quote/CCAQ.US.md) ## Related News & Research - [Dividend 15 Split declares monthly distribution of $0.10 per Class A share and $0.06 per preferred share](https://longbridge.com/en/news/296360173.md) - [Dividend 15 Split Corp. II declares monthly distributions of $0.1 for Class A shares, $0.06 for preferred shares](https://longbridge.com/en/news/296360313.md) - [Canadian Life Companies Split declares monthly distribution of $0.1 per Class A share and $0.06 per preferred share](https://longbridge.com/en/news/296359920.md) - [Financial 15 Split declares monthly distribution of $0.13 per Class A share, $0.06 per preferred share](https://longbridge.com/en/news/296360149.md) - [TDb Split declares monthly distribution of $0.05 per Class A share, $0.05833 per Priority Equity share](https://longbridge.com/en/news/296360102.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**