Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 40

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 40
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 of our Ordinary Shares at such time is substantially less than $10.00 per Public Share; 

    ●
    resources could be wasted
    in researching acquisitions that are not completed, which could materially adversely affect subsequent attempts to locate and acquire
    or merge with another business. If we have not completed our initial Business Combination within the Combination Period, our Public
    Shareholders may receive only approximately $10.00 per Public Share, or less than such amount in certain circumstances, on the liquidation
    of our Trust Account and our Warrants will expire worthless;

    ●
    we may not be able to complete
    an initial Business Combination with certain potential target companies if a proposed transaction with the target company may be
    subject to review or approval by regulatory authorities pursuant to certain U.S. or foreign laws or regulations, including the Committee
    on Foreign Investment in the United States; 

    ●
    recent fluctuations in
    inflation and interest rates in the United States and elsewhere could make it more difficult for us to consummate an initial Business
    Combination;

    ●
    market conditions, economic
    uncertainty or downturns could adversely affect our business, financial condition, operating results and our ability to consummate
    a Business Combination;

    ●
    adverse developments affecting
    the financial services industry, including events or concerns involving liquidity, defaults or non-performance by financial institutions,
    could adversely affect our business, financial condition or results of operations, or our prospects;

    ●
    military or other conflicts
    in Ukraine, the Middle East or elsewhere may lead to increased volume and price volatility for publicly traded securities, or affect
    the operations or financial condition of potential target companies, which could make it more difficult for us to consummate an initial
    Business Combination;

    ●
    if our initial Business
    Combination involves a company organized under the laws of a state of the United States, it is possible the Excise Tax will be imposed
    on us in connection with redemptions of our Ordinary Shares after or in connection with such initial Business Combination;

    ●
    since
    we did not consummate our initial Business Combination within 36 months of the effectiveness of our IPO Registration Statement, the
    trading of our securities on Nasdaq has been suspended and our securities were suspended from trading on Nasdaq on October
    22, 2024 and delisted from Nasdaq on March 5, 2025, which may have a material adverse effect on