Compass Digital Acquisition Corp. Files 8-K
Ticker: CDAUF · Form: 8-K · Filed: Nov 21, 2024 · CIK: 1851909
| Field | Detail |
|---|---|
| Company | Compass Digital Acquisition Corp. (CDAUF) |
| Form Type | 8-K |
| Filed Date | Nov 21, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $2,500,000, $415,000, $1,375,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, financial-obligation, equity-sale
Related Tickers: CDAQ
TL;DR
CDAQ filed an 8-K on Nov 21, 2024, reporting material agreements & financial obligations.
AI Summary
Compass Digital Acquisition Corp. filed an 8-K on November 21, 2024, reporting on the entry into a material definitive agreement and the creation of a direct financial obligation. The filing also details unregistered sales of equity securities and includes financial statements and exhibits. Specific details regarding the agreement, financial obligation, and equity sales are not elaborated in the provided text.
Why It Matters
This filing indicates significant corporate actions by Compass Digital Acquisition Corp., including new agreements and financial obligations, which could impact its future operations and shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates material definitive agreements and financial obligations, which inherently carry risks that are not fully detailed in the provided text.
Key Players & Entities
- Compass Digital Acquisition Corp. (company) — Registrant
- November 21, 2024 (date) — Date of earliest event reported
- 0001851909 (company) — Central Index Key
- CDAQ (company) — Ticker Symbol
FAQ
What is the nature of the material definitive agreement entered into by Compass Digital Acquisition Corp.?
The filing states that Compass Digital Acquisition Corp. entered into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.
What is the direct financial obligation or off-balance sheet arrangement created by Compass Digital Acquisition Corp.?
The 8-K filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed in the provided text.
Were there any unregistered sales of equity securities by Compass Digital Acquisition Corp.?
Yes, the filing explicitly mentions 'Unregistered Sales of Equity Securities' as an item of disclosure.
What is the primary business of Compass Digital Acquisition Corp. according to its SIC code?
Compass Digital Acquisition Corp. is classified under SIC code 6770, which corresponds to 'BLANK CHECKS'.
When was Compass Digital Acquisition Corp. incorporated and what is its fiscal year end?
The company's state of incorporation is listed as 'E9' and its fiscal year ends on December 31.
Filing Stats: 804 words · 3 min read · ~3 pages · Grade level 10.4 · Accepted 2024-11-21 16:45:32
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
- $2,500,000 — the aggregate principal amount of up to $2,500,000 to HCG Opportunity, LLC, the Company's
- $415,000 — e date hereof, the Sponsor has advanced $415,000 to the Company under the Note. The No
- $1,375,000 — d subject to certain conditions , up to $1,375,000 of the unpaid principal amount of the N
- $1.50 — of the Company at a conversion price of $1.50 per Conversion Warrant. The Conversion
Filing Documents
- form8-k.htm (8-K) — 50KB
- ex10-1.htm (EX-10.1) — 39KB
- 0001493152-24-047164.txt ( ) — 326KB
- cdaq-20241121.xsd (EX-101.SCH) — 4KB
- cdaq-20241121_def.xml (EX-101.DEF) — 30KB
- cdaq-20241121_lab.xml (EX-101.LAB) — 37KB
- cdaq-20241121_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: November 21, 2024