Compass Digital receives Nasdaq delisting notice for failing to complete business combination by Oct 14, 2024

Compass Digital Acquisition Corp.

Received Nasdaq delisting letter on Oct 15, 2024; trading suspended Oct 22, 2024.
Failed to complete initial business combination within 36 months of IPO per Rule IM-5101-2.
Company may appeal to Hearings Panel but reversal limited to Staff error only.
Will remain a reporting entity under Securities Exchange Act of 1934.

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