Compass Digital Acquisition Corp. Files 8-K

Ticker: CDAUF · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1851909

Compass Digital Acquisition Corp. 8-K Filing Summary
FieldDetail
CompanyCompass Digital Acquisition Corp. (CDAUF)
Form Type8-K
Filed DateJul 10, 2024
Risk Levellow
Pages5
Reading Time6 min
Key Dollar Amounts$0.0001, $11.50
Sentimentneutral

Sentiment: neutral

Topics: corporate-structure, filing, spac

TL;DR

CDAQ filed an 8-K on 7/10 detailing its share and warrant structure.

AI Summary

Compass Digital Acquisition Corp. filed an 8-K on July 10, 2024, reporting on other events and financial statements. The filing details the company's structure, including units consisting of ordinary shares and redeemable warrants, as well as separate ordinary shares and warrants exercisable for ordinary shares at $11.50 each.

Why It Matters

This filing provides an update on the corporate structure and financial instruments of Compass Digital Acquisition Corp., which is relevant for investors tracking the company's status and potential future activities.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not indicate any immediate financial distress or significant operational changes.

Key Numbers

  • 001-40912 — SEC File Number (Identifies the company's filing history with the SEC.)
  • $11.50 — Warrant Exercise Price (Specifies the price at which warrants can be exercised for ordinary shares.)

Key Players & Entities

  • Compass Digital Acquisition Corp. (company) — Registrant
  • July 10, 2024 (date) — Date of earliest event reported
  • 001-40912 (company) — SEC File Number
  • $11.50 (dollar_amount) — Exercise price for warrants

FAQ

What is the primary purpose of this 8-K filing for Compass Digital Acquisition Corp.?

The primary purpose is to report on 'Other Events' and 'Financial Statements and Exhibits' as of July 10, 2024.

What are the components of the units offered by Compass Digital Acquisition Corp.?

The units consist of one Class Ordinary Share and one-third of one Redeemable Warrant.

What is the exercise price for the redeemable warrants mentioned in the filing?

The warrants are exercisable for one Class Ordinary Share at $11.50 per share.

What is the par value of Compass Digital Acquisition Corp.'s ordinary shares?

The par value of the Class Ordinary Shares is $0.0001 per share.

When was the earliest event reported in this 8-K filing?

The earliest event reported is dated July 10, 2024.

Filing Stats: 1,480 words · 6 min read · ~5 pages · Grade level 15.3 · Accepted 2024-07-10 09:25:18

Key Financial Figures

  • $0.0001 — LC Class A Ordinary Shares, par value $0.0001 per share CDAQ The Nasdaq Stock Mar
  • $11.50 — able for one Class A Ordinary Share for $11.50 per share CDAQW The Nasdaq Stock Ma

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibits 10.1 Form of Non-Redemption Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL documents).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMPASS DIGITAL ACQUISITION CORP. By: /s/ Nick Geeza Name: Nick Geeza Title: Chief Financial Officer Date: July 10, 2024

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