08/10/2026 | Press release | Distributed by Public on 08/10/2026 15:18
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
As approved by the shareholders of Collective Acquisition Corp., a Cayman Islands exempted company (the "Company") at the Meeting (as defined below) on August 4, 2026, by special resolution, the Company amended the Company's Second Amended and Restated Memorandum and Articles of Association (the "Articles") on August 4, 2026 in the form set forth in Annex A to the definitive proxy statement filed with the Securities and Exchange Commission on July 8, 2026 (the "Articles Amendment"), reflecting the extension of the date by which the Company must consummate an initial business combination from August 8, 2026 (the "Current Termination Date") to August 8, 2027, for a total extension of twelve (12) months after the Current Termination Date (assuming an initial business combination has not occurred) (the "Articles Amendment Proposal").
The foregoing description of the Articles Amendment is a summary only and is qualified in its entirety by reference to the full text of the Articles Amendment, which is attached hereto as Exhibit 3.1 and incorporated by reference herein.
Item 5.07. Submission of Matters to a Vote of Security Holders.
On August 4, 2026, the Company held an extraordinary general meeting of the shareholders of the Company (the "Meeting"). At the Meeting, the Company's shareholders approved the following proposals: (1) a proposal to approve, by special resolution, the Articles Amendment Proposal, and (2) a proposal to adjourn the Meeting to a later date or dates or indefinitely, if necessary or convenient, (i) to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Meeting, there are not sufficient votes to approve the Articles Amendment Proposal or (ii) where the board of directors has determined it is otherwise necessary (the "Adjournment Proposal").
The Articles Amendment Proposal and the Adjournment Proposal presented at the Meeting were approved by the Company's shareholders. The final voting results for each proposal are set forth below.
Proposal No. 1 - Articles Amendment Proposal
The Articles Amendment Proposal was approved by special resolution of the Company's shareholders, and received the following votes:
| FOR | AGAINST | ABSTAIN | ||
| 15,841,860 | 1,719,170 | 0 |
Proposal No. 2 - Adjournment Proposal
The Adjournment Proposal was approved by ordinary resolution of the Company's shareholders, and received the following votes:
| FOR | AGAINST | ABSTAIN | ||
| 16,779,914 | 781,116 | 0 |