Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 110

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 110
---
 -  
     -  
     -  
     -  
     409,091 
     
     -  
     409,091 
  
    Accretion of Class A Ordinary Shares to redemption amount 
     -  
     -  
     -  
     -  
     3,853,099 
     
     2,126,297  
     (1,726,802)
  
    Net income 
     -  
     -  
     -  
     -  
     - 
     
     4,386,322  
     4,386,322 
  
    Balance - December 31, 2023 
     600,000  
    $60  
     4,710,122  
    $471  
    $- 
     
    $(1,369,588) 
    $(1,369,057)
  
    Balance 
     600,000  
    $60  
     4,710,122  
    $471  
    $- 
     
    $(1,369,588) 
    $(1,369,057)

    Allocation of Polar Capital Investment payable proceeds to equity instrument 
     -  
     -  
     -  
     -  
     613,640 
     
     -  
     613,640 
  
    Conversion of Class B Ordinary Shares into Class A Ordinary Shares 
     2,600,000  
     260  
     (2,600,000) 
     (260) 
     - 
     
     -  
     - 
  
    Accretion of Class A Ordinary Shares to redemption amount 
     -  
     -  
     -  
     -  
     (613,640)
     
     (1,314,469) 
     (1,928,109)
  
    Net loss 
     -  
     -  
     -  
     -  
     - 
     
     (3,545,486) 
     (3,545,486)
  
    Net (loss) income 
     -  
     -  
     -  
     -