Company: CDAQF
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021994
Chunk: 4

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
 (7,450,507) 
     (7,449,976)
  
    Accretion of Class A Ordinary Shares to redemption amount 
     -  
     -  
     -  
     -  
     -  
     (11,298) 
     (11,298)
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (2,051,400) 
     (2,051,400)
  
    Balance as of September 30, 2025 (unaudited) 
     3,200,000  
    $320  
     2,110,122  
    $211  
    $-  
    $(9,513,205) 
    $(9,512,674)

FOR
THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024

    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 (un