Company: CDAQF
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010268
Chunk: 3

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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     -  
     -  
     (483,071) 
     (483,071)
  
    Balance as of March 31, 2025 
     3,200,000  
    $320  
     2,110,122  
    $211  
    $-  
    $(6,955,145) 
    $(6,954,614)

    Class A  
    Class B  
    Additional  
       
    Total 

    Ordinary Shares  
    Ordinary Shares  
    Paid-in  
    Accumulated  
    Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 

    Balance as of January 1, 2024 
     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 instruments 
     -  
     -  
     -  
     -  
     204,549  
     -  
     204,549 
  
    Accretion of Class A Ordinary Shares to redemption amount 
     -  
     -  
     -  
     -  
     (204,549) 
     (427,418) 
     (631,967)
  
    Net loss 
        
     -  
     -  
     -  
     -  
     (113,190) 
     (113,190)
  
    Net income (loss) 
        
     -  
     -  
     -  
     -  
     (113,190) 
     (113,190)

    Balance as of March 31, 2024 
     600,000  
    $60  
     4,710,122  
    $471