Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 168

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1A
Chunk 168
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 ended March 31, 2022, June
30, 2024 and September 30, 2024, as filed with the SEC on May 5, 2022, August 14, 2024 and
November 14, 2024, respectively, and (iv) 2025 Proxy Statement. Any of these factors could result in a significant
or material adverse effect on our results of operations or financial condition. Additional risks could arise that may also affect our
business or ability to consummate an initial Business Combination. We may disclose changes to such risk factors or disclose additional
risk factors from time to time in our future filings with the SEC.

For
risks related to EEW and the EEW Business Combination, please see the EEW Registration Statement once filed.

    Item 1B.
    Unresolved Staff Comments.

Not
applicable.

    Item
    1C.
    Cybersecurity.

Although,
as a blank check company, we do not have any operations, we are nonetheless subject to the risk of cybersecurity incidents. Among other
things, the investments in our Trust Account and bank deposits may be vulnerable to such incidents, and we may depend on the digital
technologies of third parties. We and third parties may be subject to cybersecurity attacks or security breaches. To the extent that
we rely on the technologies of third parties, we depend upon the personnel and the processes of such third parties to protect against
cybersecurity incidents, and we have no personnel or processes of our own for this purpose. In the event of a cybersecurity incident
impacting us, our Management Team will report to the Board of Directors and provide updates on the Management Team’s incident response
plan for addressing and mitigating any risks associated with such an incident. As an early-stage company without significant investments
in data security protection, we may not be sufficiently protected against such occurrences. We also lack sufficient resources to adequately
protect against, or to investigate and remediate any vulnerability to, cyber incidents. It is possible that any of these occurrences,
or a combination of them, could have material adverse consequences on our business and lead to financial loss. Management is not aware
of any cybersecurity incidents encountered by the Company since the Sponsor Handover. In addition to our own cybersecurity risks, any
proposed Business Combination target, such as EEW, may have been subject to, or may in the future be subject to, cybersecurity incidents.

    Item
    2.
    Properties.

Our
executive