{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-033934","form_type":"8-K","ticker":"CDAQF","cik":"0001851909","company_name":"Compass Digital Acquisition Corp.","filed_at":"2026-07-20T21:10:28+00:00","discovered_at":"2026-07-20T21:12:00.245630+00:00","generated_at":"2026-07-20T21:12:06.605500+00:00","sec_items":["1.02","5.07","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Compass Digital Acquisition Corp. terminates merger with Key Mining, to liquidate and dissolve","bullets":["Merger Agreement with Key Mining Corp. terminated by KMC on July 14, 2026 due to unmet closing conditions by June 30 outside date.","Shareholders approved adjournment indefinitely on July 15, 2026; extension proposal not presented, deadline remains July 20, 2026.","Board decides to redeem public shares, liquidate trust account, and dissolve company; warrants expire worthless.","Redemption amount expected within 10 business days; sponsors waive redemption rights on Class B shares.","Proceeds from trust account, less up to $50,000 interest for dissolution expenses, to be distributed pro rata to public shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-033934","json":"https://secwatch.observer/filing/0001493152-26-033934.json","markdown":"https://secwatch.observer/filing/0001493152-26-033934.md","text":"https://secwatch.observer/filing/0001493152-26-033934.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851909/000149315226033934/0001493152-26-033934-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851909/000149315226033934/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-20T21:12:06.605500+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"}