Compass Digital shareholders approve SPAC extension to Dec 19, 2024; ~$29.6M redeemed

Compass Digital Acquisition Corp.

Extension Amendment approved: combination period extended from July 19, 2024 to Dec 19, 2024, with monthly options to April 19, 2025.
Holders of 2,713,143 Class A shares redeemed at ~$10.92/share for aggregate ~$29.6 million.
Non-redemption agreements with third-party investors covering 2,475,000 shares; Sponsor to transfer up to 494,996 Class B shares.
Sponsors converted 2,600,000 Class B shares to Class A; resulting in 5,681,485 Class A and 2,110,122 Class B outstanding.
Auditor ratification (WithumSmith+Brown, PC) approved with 9,156,909 votes for.

item 1.01 item 3.02 item 5.03 item 5.07 item 9.01

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.