secwatch.observer — SEC 8-K summary
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Issuer:     Compass Digital Acquisition Corp. (CDAQF)
CIK:        0001851909
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001213900-21-062632
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Digital Acquisition Corp. sells 1.24M additional units via partial over-allotment exercise
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- Underwriters purchased 1,240,488 Option Units at $10.00 each, generating $12.4M in additional gross proceeds.
- Sponsor purchased 165,398 additional private placement warrants at $1.50 per warrant in connection with the over-allotment.
- Total IPO gross proceeds increased to $212.4M from the initial $200M plus the over-allotment and private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851909/000121390021062632/0001213900-21-062632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851909/000121390021062632/ea151512-8k_compassdigi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-062632

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer