Compass Digital Acquisition Corp. Files DEF 14A

TL;DR

Compass Digital Acquisition Corp. filed its proxy statement. No fee paid.

AI Summary

Compass Digital Acquisition Corp. filed a Definitive Proxy Statement (DEF 14A) on June 24, 2024. The filing indicates no fee was required for this submission. The company's principal executive offices are located at 195 US Hwy 50, Grand Cayman, KY1-1104.

Why It Matters

This filing is a standard proxy statement, indicating the company is proceeding with its corporate governance and disclosure obligations. It doesn't signal a specific event but is part of ongoing regulatory compliance.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is a standard disclosure document for public companies and does not inherently carry significant risk.

Key Numbers

• 001-40912 — SEC File Number (Identifies the company's registration with the SEC.)

Key Players & Entities

• Compass Digital Acquisition Corp. (company) — Registrant
• 0001493152-24-024905 (filing_id) — Accession Number
• 20240624 (date) — Filing Date
• Maples Corporate Services Limited (company) — Mailing Address Provider
• Grand Cayman (location) — Business and Mailing Address City

FAQ

Key Financial Figures

• $0.0001 — dinary shares of the Company, par value $0.0001 per share (the “ Class A Ordinary
• $56,548,197 — s in the Trust Account of approximately $56,548,197 as of such date, the pro rata portion o
• $10.88 — Extension Redemptions was approximately $10.88 per Public Share (before taking into ac
• $10.90 — daq Global Market on June 21, 2024, was $10.90. The Company cannot assure shareholders
• $100,000 — e Company (less taxes payable and up to $100,000 of interest to pay dissolution expenses

Filing Documents

• formdef14a.htm (DEF 14A) — 634KB
• 0001493152-24-024905.txt ( ) — 635KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 14A Proxy Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 COMPASS DIGITAL ACQUISITION CORP. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. COMPASS DIGITAL ACQUISITION CORP. 195 US Hwy 50, Suite 309 Zephyr Cove, NV 89448 LETTER TO SHAREHOLDERS Dear Compass Digital Acquisition Corp. Shareholder: You are cordially invited to attend an extraordinary general meeting in lieu of an annual general meeting of the shareholders (the “ Meeting ”) of Compass Digital Acquisition Corp., a Cayman Islands exempted company (the “ Company ”), which will be held on July 15, 2024, at 12:00 p.m. Eastern Time, at the offices of Ellenoff Grossman & Schole LLP, located at 1345 Avenue of the Americas, 11 th Floor, New York, New York 10105, or at such other time, on such other date and at such other place to which the Meeting may be adjourned. Even if you plan to attend the Meeting, it is strongly recommended you complete and return your proxy card before the Meeting date, to ensure that your shares will be represented at the Meeting if you are unable to attend. You will not be required to attend the Meeting in person in order to vote. You will be able to vote your shares online by visiting https://www.cstproxy.com/compassdigitalspac/2024 . The accompanying proxy statement (the “ Proxy Statement ”) is dated June 24, 2024, and is first being mailed to shareholders of the Company on or about June 25, 2024. The accompanying Proxy Statement describes the business the Company will conduct at the Meeting and provides information about the Company that you should consider when you vote your shares. The Meeting will be held for the purpose of considering and voting on the following proposals (the “ Proposals ”): 1. Proposal One — Extension Amendment Proposal — To approve, by way of special resolution, an amendment to the Company’s amended and restated memorandum and articles of association, as amended and currently in effect (the “ Memorandum and Articles of Association ”), in the form set forth in Annex A to the accompanying Proxy Statement (the “ Extension Amendment ” and such proposal, the “ Extension Amendment Proposal ”), with immediate effect, to extend the date by which the Company must consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “ Business Combination ”) from July 19, 2024 to December 19, 2024, and then on a monthly basis up to four (4) times until April 19, 2025 (or such earlier date as determined by the Company’s board of directors (the “ Board ”)) (the “ Extension ”, and such later date, the “ Second Extended Date ”); 2. Proposal Two — Auditor Ratification Proposal — To ratify, by way of ordinary resolution, the selection by the Board’s audit committee of WithumSmith+Brown, PC (“ Withum ”) to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2024 (the “ Auditor Ratification Proposal ”); and 3. Proposal Three — Adjournment Proposal — To adjourn, by way of ordinary resolution, the Meeting to a later date or dates or indefinitely, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of any of the foregoing Proposals (the “ Adjournment Proposal ”). For the avoidance of doubt, if put forth at the Meeting, the Adjournment Proposal will be the first and only proposal voted on and the Extension Amendment Proposal and the Auditor Ratification Proposal will not be submitted to the shareholders for a vote at such time. Each of the Proposals are more fully described in the accompanying Proxy Statement; please take the time to read carefully each of the Proposals before you vote. In addition to considering and voting on the foregoing Proposals, members of the Company’s management (the “ Management ”) will be available at the Meeting to discuss the consolidated financial statements of the Comp

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