Company: CDAQF
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010268
Chunk: 23

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 following table presents a reconciliation of the
numerator and denominator used to compute basic and diluted net loss per share for each class of Ordinary Shares:

SUMMARY OF RECONCILIATION OF
NUMERATOR AND DENOMINATOR USED TO COMPUTE BASIC AND DILUTED NET LOSS PER SHARE

    For The Three
                                                                                Months Ended
                                                                                March 31, 2025  
    For The Three
                                                                                Months Ended
                                                                                March 31, 2024 
  
    Redeemable Class A Ordinary Shares 

    Numerator: Net loss allocable to Redeemable Class A Ordinary Shares 

    Net loss allocable to Redeemable Class A Ordinary Shares 
    $(153,849) 
    $(55,973)

    Denominator: Weighted Average Share Outstanding, Redeemable Class A Ordinary Shares 

    Basic and diluted weighted average shares outstanding, Redeemable Class A Ordinary Shares 
     2,481,485  
     5,194,628 
  
    Basic and diluted net loss per share, Class A ordinary shares subject to possible redemption 
    $(0.06) 
    $(0.01)

    Non-Redeemable Class A Ordinary Shares 

    Numerator: Net loss allocable to non-redeemable Class A Ordinary Shares 

    Net loss allocable to non-redeemable Class A Ordinary Shares 
    $(198,397) 
    $(6,465)

    Denominator: Weighted Average Non-Redeemable Class A Ordinary Shares 
     3,200,000  
     600,000 
  
    Basic and diluted net loss per share, non-redeemable Class A Ordinary Shares 
    $(0.06) 
    $(0.01)

    Non-Redeemable Class B Ordinary Shares 

    Numerator: Net loss allocable to non-redeemable Class B Ordinary Shares 

    Net loss allocable to non-redeemable Class B Ordinary Shares 
    $(130,825) 
    $(50,752)

    Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares 
     2,110,122  
     4,710,122 
  
    Basic and diluted net loss per share, non-redeemable Class B Ordinary Shares 
    $(0.06) 
    $(0.01)

    11

COMPASS DIGITAL ACQUISITION CORP