---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035829"
form_type: "8-K"
ticker: "CDAQF"
cik: "0001851909"
company_name: "Compass Digital Acquisition Corp."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:29:18.833952+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Compass Digital to merge with EEW Renewables in $300M SPAC business combination

## Summary
- Base consideration $300M paid in Pubco ordinary shares valued at $10.00 each.
- Sellers eligible for up to 4.2M additional Earnout Shares on VWAP thresholds ($11/$12) or FY2025 EBITDA ≥ $41.9M.
- Minimum cash condition: $15M at Closing (including trust) or $25M with post-close Additional Capital.
- Outside date Jan 19, 2025, extendable monthly up to 3 months; PCAOB audits due by Oct 31, 2024.
- Post-closing Pubco board: 5-7 directors, majority independent, with staggered three-year terms.

## SEC filing metadata
- accession: 0001493152-24-035829
- form_type: 8-K
- ticker: CDAQF
- cik: 0001851909
- company_name: Compass Digital Acquisition Corp.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851909/000149315224035829/0001493152-24-035829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851909/000149315224035829/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035829
- JSON: https://secwatch.observer/filing/0001493152-24-035829.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035829.txt

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