Company: CDAQF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023544
Chunk: 118

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 118
---
. As such, the Private Placement Warrants were
classified as Level 2 as it references the price of Public Warrants.

The
following table presents the changes in the fair value of warrant liabilities:

 SCHEDULE OF CHANGES IN FAIR VALUE OF WARRANT LIABILITIES

    Private Placement  
    Public  
    Warrant Liabilities 

    Fair value as of December 31, 2024 
    $48,321  
    $70,802  
    $119,123 
  
    Change in fair value (1) 
     50,253  
     73,633  
     123,886 
  
    Fair value as of March 31, 2025 
    $98,574  
    $144,435  
    $243,009 
  
    Change in fair value (1) 
     143,029  
     209,573  
     352,602 
  
    Fair value as of June 30, 2025 
    $241,603  
    $354,008  
    $595,611 

    Private Placement  
    Public  
    Warrant Liabilities 

    Fair value as of December 31, 2023 
    $238,704  
    $349,760  
    $588,464 
  
    Change in fair value (1) 
     205,846  
     301,615  
     507,461 
  
    Fair value as of March 31, 2024 
    $444,550  
    $651,375  
    $1,095,925 
  
    Change in fair value (1) 
     (155,109) 
     (155,109) 
     (382,382)
  
    Fair value as of June 30, 2024 
    $289,441  
    $289,441  
    $713,543 

    (1)
    Changes in
    fair value are recognized in change in fair value of derivative warrant liabilities in the accompanying unaudited condensed statements
    of operations.

    19

COMPASS
DIGITAL ACQUISITION CORP.

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

JUNE
30, 2025

NOTE
11 - SEGMENT INFORMATION

ASC
Topic 280, “Segment Reporting