secwatch.observer — SEC 8-K summary
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Issuer:     Compass Digital Acquisition Corp. (CDAQF)
CIK:        0001851909
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001641172-25-005689
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Digital Acquisition Corp. extends combination deadline to April 2026; ~2.37M shares redeemed for $26.7M
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- Shareholders approved extension of business combination deadline from April 19, 2025 to April 19, 2026.
- Redemption of 2,370,619 public shares at ~$11.25/share, totaling ~$26.7 million.
- After redemptions, only 110,866 public shares remain outstanding.
- Removal of net tangible asset redemption limitation and ratification of auditor also approved.
- All proposals passed with overwhelming support; no broker non-votes on auditor ratification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851909/000164117225005689/0001641172-25-005689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851909/000164117225005689/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-005689

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