Compass Digital SPAC enters non-redemption agreements to extend deadline to April 2025

Compass Digital Acquisition Corp.

Extends business combination deadline from July 19, 2024 to December 19, 2024, with monthly options through April 19, 2025.
Sponsor HCG Opportunity, LLC will transfer Class B founder shares to non-redeeming shareholders at close of business combination.
Agreements aim to reduce redemptions and preserve trust account funds; no guarantee of extension approval.
Investors must vote for the extension and waive redemption rights on covered shares.

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