Thomas D. Hennessy - 31 Aug 2023 Form 3 Insider Report for Compass Digital Acquisition Corp. (CDAQ)

Role
Chief Executive Officer, Director
Signature
/s/ Thomas D. Hennessy
Issuer symbol
CDAQ
Transactions as of
31 Aug 2023
Transactions value $
$0
Form type
3
Filing time
11 Sep 2023, 18:09:14 UTC
Previous filing
25 Aug 2023
Next filing
23 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CDAQ Class B Ordinary Shares 3.09M 31 Aug 2023 See footnote F1, F2
* 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 a Class A Ordinary Share concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis and is not convertible until that time.
F2 These shares are held directly by HCG Opportunity, LLC ("HCG Opportunity"). HCG Opportunity MM, LLC ("HCG Opportunity MM") is the sole managing member of HCG Opportunity. The Reporting Person is a co-manager of HCG Opportunity MM and disclaims beneficial ownership of the shares held by HCG Opportunity except to the extent of his pecuniary interest therein.