Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 674

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 3
Chunk 674
---
, Delaware 19808. The principal business address of TD
    Bank is Toronto-Dominion Centre, 66 Wellington Street West, 12th Floor, TD Tower, Toronto, Ontario, Canada M5K 1A2.

    (10)
    According
    to a Schedule 13G filed with the SEC on February 14, 2025 by (i) Meteora Capital, LLC, a Delaware limited liability company (“Meteora
    Capital”) and (ii) Vik Mittal, a citizen of the United States (“Mr. Mittal” and together with Meteora Capital,
    the “Meteora Parties”). The Meteora Parties may be deemed to beneficially own the Public Shares held of record by certain
    funds and managed accounts to which Meteora Capital serves as investment manager. Mr. Mittal serves as the Managing Member of Meteora
    Capital. The principal business address for the Meteora Parties is 1200 N Federal Hwy, #200, Boca Raton FL 33432.

49

Securities
Authorized for Issuance under Equity Compensation Plans

None.

Changes
in Control

None.
For more information on the EEW Business Combination, see Item 1. “Business”.

    Item
    13.
    Certain
    Relationships and Related Transactions, and Director Independence.

Initial
Public Offering

In
March 2021, an affiliate of our Legacy Sponsor paid $25,000, or approximately $0.004 per share, to cover certain of our offering costs,
in exchange for an aggregate of 5,750,000 Founder Shares, which were subsequently transferred to our Legacy Sponsor. Prior to the closing
of our Initial Public Offering, an affiliate of the Legacy Sponsor loaned us an aggregate of up to $250,000 under the IPO Promissory
Note. Such loans and advances were non-interest bearing and payable on the earlier of December 31, 2021 or the completion of our Initial
Public Offering. The loans of $195,000 were fully repaid upon the consummation of our Initial Public Offering on October 19, 2021.

Our
Legacy Sponsor committed, pursuant to a written agreement, to purchase an aggregate of 4,666,667 Private Placement Warrants (or 5,066,667
Private Placement Warrants if the Over-Allotment Option was exercised in full), each exercisable to purchase one Class A Ordinary Share
at $11.