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

Compass Digital Acquisition Corp.

Sponsor HCG Opportunity LLC entered agreements with unaffiliated investors covering 500,000 Class A shares not to redeem.
Investors receive 83,332 Class B shares for first five months of extension, plus 16,666 per additional month.
Extension deadline moved from July 19, 2024 to December 19, 2024, with monthly options to April 19, 2025.
Agreements aim to keep more funds in trust account; do not guarantee approval of extension proposal.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.