Compass Digital Acquisition Corp. Faces Delisting Notice
Ticker: CDAUF · Form: 8-K · Filed: Oct 17, 2024 · CIK: 1851909
| Field | Detail |
|---|---|
| Company | Compass Digital Acquisition Corp. (CDAUF) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, 8-k
Related Tickers: CDAQ
TL;DR
CDAQ is getting kicked off the exchange, big trouble.
AI Summary
Compass Digital Acquisition Corp. filed an 8-K on October 17, 2024, reporting a notice of delisting or failure to satisfy continued listing rules as of October 15, 2024. The company, incorporated in the Cayman Islands, is involved in blank checks within the real estate and construction sector.
Why It Matters
This filing indicates potential delisting from an exchange, which could significantly impact the liquidity and trading of the company's securities.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued operation and the value of its securities.
Key Players & Entities
- Compass Digital Acquisition Corp. (company) — Registrant
- 001-40912 (company) — SEC File Number
- October 15, 2024 (date) — Earliest event reported
- October 17, 2024 (date) — Filing Date
FAQ
What specific listing rule or standard has Compass Digital Acquisition Corp. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the effective date of the potential delisting or failure to meet listing standards?
The earliest event reported, indicating the failure to satisfy a continued listing rule or standard, occurred on October 15, 2024.
What is the business address of Compass Digital Acquisition Corp.?
The business address is 195 US HWY 50, SUITE 309, ZEPHYR COVE, NV 89448.
What is the SIC code for Compass Digital Acquisition Corp.?
The Standard Industrial Classification (SIC) code is 6770, which pertains to Blank Checks.
What is the company's jurisdiction of incorporation?
Compass Digital Acquisition Corp. is incorporated in the Cayman Islands.
Filing Stats: 741 words · 3 min read · ~2 pages · Grade level 15.1 · Accepted 2024-10-17 06:01:18
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
- form8-k.htm (8-K) — 45KB
- 0001493152-24-041357.txt ( ) — 273KB
- cdaq-20241015.xsd (EX-101.SCH) — 4KB
- cdaq-20241015_def.xml (EX-101.DEF) — 30KB
- cdaq-20241015_lab.xml (EX-101.LAB) — 37KB
- cdaq-20241015_pre.xml (EX-101.PRE) — 27KB
- form8-k_htm.xml (XML) — 7KB
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: October 17, 2024