Key facts
- This page summarizes Compass Digital SPAC LLC's Form 3 filing for Compass Digital Acquisition Corp. (CDAQF).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 30 Oct 2023, 21:54.
Compass Digital SPAC LLC - 25 Oct 2023 Form 3 Insider Report for Compass Digital Acquisition Corp. (CDAQF)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- CDAQF
- Reported as of
- 25 Oct 2023
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 30 Oct 2023, 21:54:26 UTC
- Prior SEC filing
- 01 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Compass Digital SPAC LLC, By: Abidali Neemuchwala, its Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Compass Digital SPAC LLC filed Form 3 for Compass Digital Acquisition Corp. (CDAQF) on 30 Oct 2023.
Change
- Previous filing in this sequence was filed on 01 Sep 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CDAQ
holding
Class A Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 206,663
- Date
- 25 Oct 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CDAQ
holding
Derivative
Class B Ordinary Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 25 Oct 2023
- Ownership
- Direct
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 2,010,423
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
This Form 3 is being filed by Compass Digital SPAC LLC (the "Reporting Person"). The Reporting Person is the record holder of such shares, and is controlled by a board of managers consisting of entities controlled by Abidali Neemuchwala and Satish Gupta. Each member of the board of managers of the Reporting Person has one vote, and the approval of both managers is required to approve an action of the Reporting Person. If both managers cannot agree on a matter, then the matter must be submitted to Abidali Neemuchwala, Satish Gupta, Vikram S. Pandit and Steve Freiberg for approval, with the holders of a majority of the Class B Ordinary Shares interests held by the four members through the Reporting Person being required for any such approval.
Footnote F2
The Class B Ordinary Shares are convertible, at the option of the holder, into Class A Ordinary Shares on a one-for-one basis, for no additional consideration, and have no expiration date.
SEC remarks
On October 25, 2023, an aggregate of 16,045,860 Class A Ordinary Shares was redeemed for a pro rata portion of the funds in Compass Digital Acquisition Corp.'s trust account. As a result of such redemption, the Reporting Person's beneficial ownership of Compass Digital Acquisition Corp.'s shares outstanding increased to 20.1%.