---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-028101"
form_type: "8-K"
ticker: "CDAQF"
cik: "0001851909"
company_name: "Compass Digital Acquisition Corp."
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:16:42.958109+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-028101
- form_type: 8-K
- ticker: CDAQF
- cik: 0001851909
- company_name: Compass Digital Acquisition Corp.
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851909/000149315224028101/0001493152-24-028101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851909/000149315224028101/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-028101
- JSON: https://secwatch.observer/filing/0001493152-24-028101.json
- Plain text: https://secwatch.observer/filing/0001493152-24-028101.txt

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