Announcement • Jul 21
Collective Acquisition Corp. Announces CFO Changes, Effective July 17, 2026 Collective Acquisition Corp. approved the appointment of Maximilian Staedtler as Chief Financial Officer, effective July 17, 2026, and the resignation of Elliot Richmond as Chief Financial Officer, effective July 17, 2026. Maximilian Staedtler, age 34, brings extensive experience in investment banking, capital markets, investing, and corporate development. Mr. Staedtler is a Partner at CCM Capital Markets LP, an affiliate of Collective Capital Management. Previously, he served as Director of Corporate and Business Development at AquaFence from 2025 to 2026. Before that, through his consulting practice, Mr. Staedtler provided strategic advisory and fractional CFO services to companies in the consumer packaged goods manufacturing and financial technology industries. Earlier, from 2022 to 2025, he was Managing Director at 10X Capital, where he advised companies on strategic and capital markets initiatives. Earlier in his career, Mr. Staedtler was a Vice President in the Technology, Media and Telecommunications Investment Banking Group at Goldman Sachs, advising clients on mergers and acquisitions, financings, and other strategic transactions. Elliot Richmond will continue to serve as the Chairman of the Board and the Chief Executive Officer of the Company. Mr. Richmond's existing arrangements with the Company remain unchanged. New Risk • Jun 04
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$6.0m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$6.0m). Revenue is less than US$1m. Minor Risk Less than 3 years of financial data is available. 
