Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 19

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 19
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 the services of professional firms or other individuals that specialize in business acquisitions on any formal basis,
we may engage these firms or other individuals in the future, in which event we may pay a finder’s fee, consulting fee or other
compensation to be determined in an arm’s length negotiation based on the terms of the transaction. We will engage a finder only
to the extent our Management determines that the use of a finder may bring opportunities to us that may not otherwise be available to
us or if finders approach us on an unsolicited basis with a potential transaction that our Management determines is in our best interest
to pursue. Payment of a finder’s fee is customarily tied to completion of a transaction, in which case any such fee will be paid
out of the funds held in the Trust Account. In no event, however, will our Sponsor or any of our existing officers or directors, or any
entity with which they are affiliated, be paid any finder’s fee, consulting fee or other compensation by the company prior to,
or for any services they render in order to effectuate, the completion of our initial Business Combination (regardless of the type of
transaction that it is). In addition, pursuant to the Administrative Services Agreement, we pay our Sponsor up to $10,000 per month for
office space, utilities, salaries or other cash compensation paid to consultants to our Sponsor, secretarial and administrative support
services provided to members of our Management Team and other expenses and obligations of our Sponsor. Any such payments prior to our
initial Business Combination are made from funds held outside the Trust Account. Other than the foregoing, there will be no finder’s
fees, reimbursement, consulting fee, monies in respect of any payment of a loan or other compensation paid by us to our Sponsor, officers
or directors, or any affiliate of our Sponsors, Prior Directors and Officers, or members of our Management Team prior to, or in connection
with any services rendered in order to effectuate, the closing of our initial Business Combination (regardless of the type of transaction
that it is).

We
are not prohibited from pursuing an initial Business Combination with a Business Combination target that is affiliated with our Sponsors,
Prior Directors and Officers, or members of our Management Team, or from completing the Business Combination through a joint venture
or other form of shared ownership with our Sponsor, officers or directors. While EEW is not affiliated
with our Sponsors, Prior Directors and Officers, directors or officers or members of our Management Team