{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-047164","form_type":"8-K","ticker":"CDAQF","cik":"0001851909","company_name":"Compass Digital Acquisition Corp.","filed_at":"2024-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.057623+00:00","generated_at":"2026-05-29T21:06:00.276044+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Compass Digital enters up to $2.5M promissory note with sponsor for working capital","bullets":["Note principal up to $2.5M; $415K already advanced by sponsor HCG Opportunity, LLC.","Note bears no interest; repayable upon business combination or company liquidation.","Up to $1.375M of unpaid principal may convert into warrants at $1.50 per warrant, identical to IPO private-placement warrants.","Funds used for working capital expenses prior to initial business combination.","Conversion warrants carry registration rights under existing Registration Rights Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-047164","json":"https://secwatch.observer/filing/0001493152-24-047164.json","markdown":"https://secwatch.observer/filing/0001493152-24-047164.md","text":"https://secwatch.observer/filing/0001493152-24-047164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851909/000149315224047164/0001493152-24-047164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851909/000149315224047164/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T21:06:00.276044+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}