Compass Digital Acquisition Corp. Signs Definitive Agreement
Ticker: CDAUF · Form: 8-K · Filed: Oct 22, 2024 · CIK: 1851909
| Field | Detail |
|---|---|
| Company | Compass Digital Acquisition Corp. (CDAUF) |
| Form Type | 8-K |
| Filed Date | Oct 22, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, definitive-agreement, spac
Related Tickers: CDAQU, CDAQ, CDAQW
TL;DR
CDAQ just signed a deal to buy something, details TBD.
AI Summary
Compass Digital Acquisition Corp. announced on October 21, 2024, that it has entered into a definitive agreement to acquire a target company. The filing does not disclose the name of the target company or the transaction value, but it does list the securities registered on the Nasdaq Stock Market LLC, including Units (CDAQU), Class A Ordinary Shares (CDAQ), and Warrants (CDAQW).
Why It Matters
This filing indicates a significant step towards a business combination for Compass Digital Acquisition Corp., which could lead to a change in its operational focus and financial structure.
Risk Assessment
Risk Level: medium — The risk level is medium because while a definitive agreement has been signed, the lack of specific details about the target company and transaction value introduces uncertainty.
Key Players & Entities
- Compass Digital Acquisition Corp. (company) — Registrant
- October 21, 2024 (date) — Date of earliest event reported
- CDAQU (stock_symbol) — Units trading symbol
- CDAQ (stock_symbol) — Class A Ordinary Shares trading symbol
- CDAQW (stock_symbol) — Warrants trading symbol
- The Nasdaq Stock Market LLC (company) — Exchange where securities are registered
FAQ
What is the name of the target company Compass Digital Acquisition Corp. has entered into a definitive agreement to acquire?
The filing does not disclose the name of the target company.
What is the value of the definitive agreement for the acquisition?
The filing does not disclose the transaction value.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 21, 2024.
Which stock exchange are Compass Digital Acquisition Corp.'s securities registered on?
Compass Digital Acquisition Corp.'s securities are registered on The Nasdaq Stock Market LLC.
What are the trading symbols for Compass Digital Acquisition Corp.'s Units, Class A Ordinary Shares, and Warrants?
The trading symbols are CDAQU for Units, CDAQ for Class A Ordinary Shares, and CDAQW for Warrants.
Filing Stats: 2,336 words · 9 min read · ~8 pages · Grade level 17.6 · Accepted 2024-10-22 08:05:32
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) — 67KB
- ex99-1.htm (EX-99.1) — 25KB
- ex99-2.htm (EX-99.2) — 89KB
- ex99-3.htm (EX-99.3) — 33KB
- ex99-1_001.jpg (GRAPHIC) — 202KB
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- ex99-1_034.jpg (GRAPHIC) — 179KB
- ex99-3_001.jpg (GRAPHIC) — 4KB
- ex99-3_002.jpg (GRAPHIC) — 13KB
- 0001493152-24-041887.txt ( ) — 14638KB
- cdaq-20241021.xsd (EX-101.SCH) — 4KB
- cdaq-20241021_def.xml (EX-101.DEF) — 30KB
- cdaq-20241021_lab.xml (EX-101.LAB) — 37KB
- cdaq-20241021_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 22, 2024