Collective Acquisition Corp (IPOD) is a blank-check special purpose acquisition company incorporated to identify and complete a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more target businesses. The company does not operate a commercial business and generates no operating revenue. Its sole activity is sourcing a target for an initial Business Combination, after which it would cease to exist as a SPAC. The company completed its Initial Public Offering with units priced at $10.00 each, placing $144,109,375 in a Trust Account as of the IPO close (as reported in the 10-K filed 2026-03-13, for fiscal year ended December 31, 2025). The pro rata redemption price was approximately $10.29 per Public Share as of December 31, 2025, before taxes. The company is headquartered at 12955 Biscayne Boulevard, Suite 200, Miami, Florida 33181, and pays its New Sponsor $15,000 per month for office space, utilities, and administrative support under an Administrative Services Agreement dated May 6, 2025.

Revenue model

No operating revenue. Interest earned on marketable securities held in the Trust Account is the only income generated. Underwriters are entitled to a deferred underwriting discount of $0.40 per unit, totaling up to $5,750,000, payable only upon completion of an initial Business Combination from Trust Account proceeds remaining after shareholder redemptions.

Products and services

Class A Ordinary Shares and redeemable Public Warrants sold as part of Units in the Initial Public Offering (each Unit consisting of one Public Share and one-half of one Public Warrant at $10.00 per Unit). Private Placement Warrants sold separately. Founder Shares (Class B Ordinary Shares) issued to the Sponsor.

Customers and end markets

Public Shareholders who purchased Units or Public Shares in the Initial Public Offering. The end market is the market for private or public target businesses suitable for a Business Combination transaction.

Value-chain role

Blank-check acquisition vehicle. Acts as an intermediary that pools public capital into a Trust Account and deploys it to acquire an operating business through a negotiated Business Combination. Clear Street LLC served as sole book-running manager for the Initial Public Offering.

Geographic exposure

Incorporated and operating in the United States. Principal executive office located in Miami, Florida 33181 (as of fiscal year ended December 31, 2025). No geographic restriction specified for target Business Combination.

Source: SEC 10-K, filed 2026-03-13

Industry: Blank Checks