Company: CDAQF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023544
Chunk: 172

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 3
Chunk 172
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 and Affiliated Purchasers

On
April 16, 2025, we held the 2025 EGM and our shareholders approved, among other things, the 2025 Extension Amendment Proposal, which
extended the Combination Period from April 19, 2025 to April 20, 2026 (or such earlier date as determined by the Board of Directors).
In connection with the vote to approve the 2025 Extension Amendment Proposal, Public Shareholders holding 2,370,619 Public Shares (after
giving effect to withdrawals of redemptions) exercised their right to redeem such shares for a pro rata portion of the funds in the Trust
Account. As a result of the 2025 Redemptions, approximately $26.7 million (approximately $11.25 per share) was removed from the Trust
Account to pay such holders.

The
following table contains monthly information about the repurchases of our equity securities for the three months ended June 30, 2025:

    Period 
    (a) Total number 
of shares (or 
units) purchased  
    (b) Average price 
paid per share (or 
unit)  
    (c) Total number of 
shares (or units) 
purchased as part of 
publicly announced 
plans or programs  
    (d) Maximum number 
(or approximate dollar 
value) of shares (or 
units) that may yet be 
purchased under the 
plans or programs 
  
    April 1 – April 30, 2025 
     2,370,619  
    $11.25  
     —  
     — 

    May 1 – May 31, 2025 
     —  
     —  
     —  
     — 

    June 1 – June 30, 2025 
     —  
     —  
     —  
     — 

Item
3. Defaults Upon Senior Securities.

None.

Item
4. Mine Safety Disclosures.

Not
applicable.

29

Item
5. Other Information.

Trading
Arrangements

During
the quarterly period ended June 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange
Act) adopted or terminated any “Rule 10b5-1 trading arrangement” or any “non-R