Harraden Circle Investors Amends Compass Digital Ownership

TL;DR

**Harraden Circle Investors updated their stake in Compass Digital Acquisition Corp. as of year-end 2023.**

AI Summary

Harraden Circle Investors, LLC, along with its affiliates Harraden Circle Investors GP, LLC, Harraden Circle Investors GP, LP, and Frederick V. Fortmiller, Jr., filed an amended SC 13G/A on January 31, 2024, for Compass Digital Acquisition Corp. This filing indicates a change in their beneficial ownership of Class A Common Stock, par value $0.0001 per share, as of December 31, 2023. This matters to investors because it provides transparency into significant institutional holdings and potential shifts in control or influence over the company.

Why It Matters

Changes in significant institutional ownership can signal shifts in investor confidence or strategic intent, potentially influencing stock price and future company direction.

Risk Assessment

Risk Level: low — This filing is a routine update on beneficial ownership and does not inherently indicate a high level of risk.

Analyst Insight

Investors should note the continued presence of Harraden Circle Investors as a significant holder, but this filing alone doesn't suggest immediate action. It's a routine update on ownership.

Key Numbers

• $0.0001 — Par Value per Share (The par value of Compass Digital Acquisition Corp.'s Class A Common Stock.)

Key Players & Entities

• Harraden Circle Investors, LLC (company) — reporting person
• Compass Digital Acquisition Corp. (company) — subject company
• Frederick V. Fortmiller, Jr. (person) — group member
• Harraden Circle Investors GP, LLC (company) — group member
• Harraden Circle Investors GP, LP (company) — group member
• Class A Common Stock (security) — title of class of securities
• $0.0001 (dollar_amount) — par value per share

Forward-Looking Statements

• Harraden Circle Investors will continue to be a significant holder in Compass Digital Acquisition Corp. (Harraden Circle Investors, LLC) — medium confidence, target: 2024-12-31

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• d706802dsc13ga.htm (SC 13G/A) — 93KB
• d706802dex991.htm (EX-99.1) — 7KB
• 0001193125-24-020117.txt ( ) — 101KB

From the Filing

SC 13G/A 1 d706802dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Compass Digital Acquisition Corp. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) G2476C107 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on following pages Page 1 of 11 Pages Exhibit Index: 10 Page SCHEDULE 13G CUSIP No. G2476C107 Page 2 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. G2476C107 Page 3 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors GP, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN, HC (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. G2476C107 Page 4 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors GP, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, HC (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. G2476C107 Page 5 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investments, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, HC, IA (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. G2476C107 Page 6 of 11 Pages 1 NAMES OF REPORTING PERSONS Frederick V. Fortmiller, Jr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED

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View this SC 13G/A filing on SEC EDGAR