Company: CDAQF
Filing Date: 2025-03-13
Form Type: PRE 14A
Source: 0001493152-25-010116
Chunk: 11

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-13
Form: PRE 14A
Chunk 11
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 of ordinary resolution, the Meeting to a later date or dates or                    
 indefinitely, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for,  
 or otherwise in connection with, the approval of any of the foregoing Proposals (the “Adjournment Proposal”).                       
 For the avoidance of doubt, if put forth at the Meeting, the Adjournment Proposal will be the first and only proposal voted on and  
 the Third Extension Amendment Proposal, the Redemption Limitation Amendment Proposal and the Auditor Ratification Proposal will not 
 be submitted to the shareholders for a vote at such time.                                                                           |

Our final prospectus filed in connection with the our initial public offering that was consummated on October 19, 2021 (the “ IPO”), which was filed with the U.S. Securities and Exchange Commission (the “ SEC”) on October 18, 2021 (File No. 333-259502) (the “ IPO Prospectus”) and the Amended and Restated Charter provided that we initially had until October 19, 2023(the date that was 24 months after the consummation of the IPO) to complete a Business Combination. On October 12, 2023, we held an extraordinary general meeting of shareholders (the “ First Shareholder Meeting”), at which shareholders approved, among other things, an amendment to the Amended and Restated Charter to extend the deadline by which we must complete a Business Combination from October 19, 2023to July 19, 2024 (the “ First Extension”). On July 18, 2024, weheld an extraordinary general meeting in lieu of an annual general meeting of shareholders (the “ Second Shareholder Meeting”), at which shareholders approved, among other things, an amendment to the Amended and Restated Charter to further extend the deadline by which we must complete a Business Combination from July 19, 2024 to December 19, 2024, and then on a monthly basis up to four (4) times until April 19, 2025, or such earlier date as determined by the Board( the “ Second Extended Date”).

The purpose of the Third Extension Amendment Proposal and, if necessary, the Adjournment Proposal, is to allow us additional time to a to complete the proposed transactions (the “ EEW Business Combination”) pursuant to that certain Business Combination Agreement (“ EEW Business Combination Agreement”), dated as of September 5, 2024, that we entered into with (