Abidali Neemuchwala - Oct 14, 2021 Form 3 Insider Report for Compass Digital Acquisition Corp. (CDAQ)

Role
Director
Signature
/s/ By: Burhan Jaffer, as Attorney-in-Fact, for Abidali Neemuchwala
Stock symbol
CDAQ
Transactions as of
Oct 14, 2021
Transactions value $
$0
Form type
3
Date filed
10/14/2021, 09:57 PM
Next filing
Sep 1, 2023

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 14, 2021 Class A Ordinary Shares 5.75M See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Class B Ordinary Share will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis.
F2 Includes 750,000 Class B Ordinary Shares which are subject to forfeiture for no consideration depending on the extent to which the underwriters to the Issuer's initial public offering exercise their over-allotment option.
F3 Reflects Class B Ordinary Shares held by Compass Digital SPAC LLC (the "Sponsor"). The Reporting Person is one of two members of the board of managers of the Sponsor and, as such, may be deemed to beneficially own the reported shares held by the Sponsor. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney