secwatch.observer — SEC 8-K summary
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Issuer:     Compass Digital Acquisition Corp. (CDAQF)
CIK:        0001851909
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001493152-24-041357
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851909/000149315224041357/0001493152-24-041357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851909/000149315224041357/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041357

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