---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-21-016110"
form_type: "8-K"
ticker: "CDAQF"
cik: "0001851909"
company_name: "Compass Digital Acquisition Corp."
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T20:05:30.834206+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Compass Digital Acquisition Corp. closes $200M IPO and $7M private placement

## Summary
- Priced and closed IPO of 20M units at $10.00/unit for gross proceeds of $200M; units to trade under CDAQU on Nasdaq.
- Concurrently placed 4,666,667 private placement warrants to Sponsor at $1.50/warrant for $7M gross.
- Net proceeds of $200M placed in trust account at J.P. Morgan until initial business combination or redemption.
- Company targets technology sector businesses, with focus on digital transformation software/services in developed markets.
- Leadership: CEO Abidali Neemuchwala (ex-Wipro CEO); CFO Burhan Jaffer; senior advisor Vikram Pandit.

## SEC filing metadata
- accession: 0000950103-21-016110
- form_type: 8-K
- ticker: CDAQF
- cik: 0001851909
- company_name: Compass Digital Acquisition Corp.
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851909/000095010321016110/0000950103-21-016110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851909/000095010321016110/dp159898_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-21-016110
- JSON: https://secwatch.observer/filing/0000950103-21-016110.json
- Plain text: https://secwatch.observer/filing/0000950103-21-016110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.