HCG Opportunity, LLC - Oct 19, 2023 Form 3 Insider Report for Compass Digital Acquisition Corp. (CDAQ)

Role: 10%+ Owner
Signature: HCG Opportunity, LLC, By: HCG Opportunity MM, LLC, By: /s/ Thomas D. Hennessy, Authorized Signatory
Stock symbol: CDAQ
Transactions as of: Oct 19, 2023
Transactions value $: $0
Form type: 3
Date filed: 10/23/2023, 05:14 PM
Next filing: Jul 26, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CDAQ	Class B Ordinary Shares							Oct 19, 2023	Class A Ordinary Shares	3.09M	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Effective October 19, 2023, each Class B Ordinary Share is convertible, at the option of the holder, into a Class A Ordinary Share on a one-for-one basis at any time and from time to time prior to the consummation of the Issuer's initial business combination.
F2	These shares are held directly by HCG Opportunity, LLC ("HCG Opportunity"). HCG Opportunity MM, LLC is the sole member of HCG Opportunity. Thomas D. Hennessy and Daniel J. Hennessy are the sole members of HCG Opportunity MM, LLC and serve on the Issuer's board of directors and report their beneficial ownership of the securities held directly by HCG Opportunity on separate Section 16 reports. Each of the reporting persons disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.

Content

Effective October 19, 2023, each Class B Ordinary Share is convertible, at the option of the holder, into a Class A Ordinary Share on a one-for-one basis at any time and from time to time prior to the consummation of the Issuer's initial business combination.

These shares are held directly by HCG Opportunity, LLC ("HCG Opportunity"). HCG Opportunity MM, LLC is the sole member of HCG Opportunity. Thomas D. Hennessy and Daniel J. Hennessy are the sole members of HCG Opportunity MM, LLC and serve on the Issuer's board of directors and report their beneficial ownership of the securities held directly by HCG Opportunity on separate Section 16 reports. Each of the reporting persons disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.