Company: CDAQF
Filing Date: 2025-03-13
Form Type: PRE 14A
Source: 0001493152-25-010116
Chunk: 62

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-13
Form: PRE 14A
Chunk 62
---
 to the extent that such expenses exceed the amount of available proceeds not deposited in the Trust                  
 Account;                                                                                                                                  |
| ● | the                                                                                                                                       
 fact that, if the Trust Account is liquidated, including in the event we are unable to complete an initial Business Combination within    
 the Combination Period , the Sponsors have agreed to indemnify us to ensure that the proceeds in the Trust Account are not reduced        
 below $10.00 per Public Share, or such lesser per Public Share amount as is in the Trust Account on the liquidation date, by the          
 claims of prospective target businesses with which we have discussed entering into a transaction agreement or claims of any third         
 party for services rendered or products sold to us, but only if such a third party or target business has not executed a waiver of        
 any and all rights to seek access to the Trust Account; and                                                                               |
| ● | the                                                                                                                                       
 fact that none of our officers or directors has received any cash compensation for services rendered to us, other                         
 than our Chief Financial Officer, who was paid an aggregate of $20,500 and $22,000 for services provided to us in 2024 and                
 2023, respectively, and all of the current members of our Board are expected to continue to serve as directors at least through the       
 date of the meeting to vote on the EEW Business Combination and may even continue to serve following the EEW Business Combination         
 and receive compensation thereafter.                                                                                                      |

Additionally, if the Charter Amendment Proposals are approved, and we consummate the Business Combination, the officers and directors may have additional interests. Such interests will be described in the proxy statement/prospectus for such transaction.

Recommendation of the Board

After careful consideration, the Board determined unanimously that each of the Proposals is fair to and in the best interests of our Company. The Board has approved and declared advisable and unanimously recommends that you vote or give instructions to vote “FOR” each of the Proposals. No recommendation is being made as to whether you should elect to redeem your Public Shares.

| 29 |

<div align='center'>PROPOSAL ONE — THE THIRD EXTENSION AMENDMENT PROPOSAL</div>

Overview

We are proposing to amend our Amended and Restated Charter to extend the date by which we have to consummate a Business Combination beyond the Second Extended Date. The Third Extension Amendment Proposal is required to proceed with the Board’s plan to allow us more time to complete the Business Combination. A copy of the proposed Third Extension Amendment is