Company: CDAQF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023544
Chunk: 4

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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7,450,507) 
    $(7,449,976)

    Ordinary Shares  
    Additional  
       
    Total 

    Class A  
    Class B  
    Paid-In  
    Accumulated  
    Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance as of January 1, 2024 
     600,000  
    $60  
     4,710,122  
     471  
    $              -  
    $(1,369,588) 
    $(1,369,057)
  
    Allocation of Polar Capital Investment payable proceeds to equity instrument 
     -  
     -  
     -  
     -  
     204,549  
     -  
     204,549 
  
    Accretion of Class A Ordinary Shares to redemption amount 
     -  
     -  
     -  
     -  
     (204,549) 
     (427,418) 
     (631,967)
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (113,190) 
     (113,190)
  
    Balance as of March 31, 2024 (unaudited) 
     600,000  
     60  
     4,710,122  
     471  
     -  
     (1,910,196) 
     (1,909,665)
  
    Balance 
     600,000  
     60  
     4,710,122  
     471  
     -  
     (1,910,196) 
     (1,909,665)

    Capital contribution from Sponsor 
     -  
     -  
     -  
     -  
     295,000  
     -  
     295,000 
  
    Allocation of Polar Capital Investment payable proceeds to equity instrument 
     -  
     -  
     -  
     -  
       
     -