Company: CDAQF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001641172-25-000430
Chunk: 2

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 2
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001 (the “Redemption Limitation”) in order to allow the Company to redeem                   
 Public Shares irrespective of whether such redemption would exceed the Redemption Limitation (the “Redemption Limitation             
 Amendment Proposal” and together with the Third Extension Amendment Proposal, the “Charter Amendment Proposals”);                    |

| 4. | Proposal                                                                                                                            
 Four — Adjournment Proposal — To adjourn, by way 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.                                                                           |

Each of the Proposals is more fully described in the accompanying Proxy Statement; please take the time to read carefully each of the Proposals before you vote. In addition to considering and voting on the foregoing Proposals, members of the Company’s management (the “ Management”) will be available at the Meeting to discuss the financial statements of the Company for the fiscal year ended December 31, 2024 filed with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the U.S. Securities and Exchange Commission (the “ SEC”) on March 25, 2025 (the “ 2024 Annual Report”), and answer questions of shareholders regarding the Company’s current affairs.

The Company’s final prospectus filed in connection with the Company’s initial public offering that was consummated on October 19, 2021 (the “ IPO”), which was filed with the SEC on October 18, 2021 (File No. 333-259502) and the Amended and Restated Charter provided that the Company 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, the Company held an extraordinary general meeting of shareholders, at which shareholders approved, among other things, an amendment to the Amended and Restated Charter to extend the deadline by which it must complete a