---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035218"
form_type: "8-K"
ticker: "CDAQF"
cik: "0001851909"
company_name: "Compass Digital Acquisition Corp."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:07:10.253839+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Compass Digital Acquisition Corp. announces $300M business combination with EEW Renewables

## Summary
- Pre-money enterprise value of $300M; pro forma EV $386M assuming $25M trust proceeds at $10/share.
- EEW shareholders to own ~79% of combined company; cash proceeds of ~$25M from SPAC trust and financing.
- EEW has a 9 GW global project pipeline (Solar PV, BESS, green hydrogen); ~1.5 GW developed since 2012.
- Combined company to list on Nasdaq; closing expected in Q1 2025, subject to regulatory and shareholder approvals.
- Existing EEW management led by CEO Svante Kumlin will continue to lead the post-combination company.

## SEC filing metadata
- accession: 0001493152-24-035218
- form_type: 8-K
- ticker: CDAQF
- cik: 0001851909
- company_name: Compass Digital Acquisition Corp.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851909/000149315224035218/0001493152-24-035218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851909/000149315224035218/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035218
- JSON: https://secwatch.observer/filing/0001493152-24-035218.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035218.txt

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