CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Class Ordinary Shares Subject To Possible Redemption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION | NOTE 8 - CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
The Class A Ordinary Shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue Class A Ordinary Shares with a par value of $ per share. Holders of the Class A Ordinary Shares are entitled to one vote for each share. As of December 31, 2025 and 2024, there were and Class A Ordinary Shares outstanding, respectively, of which and , respectively, were subject to possible redemption and classified outside of permanent equity in the Company’s consolidated balance sheets.
The reconciliation of Class A Ordinary Shares subject to possible redemption is as follows:
COMPASS DIGITAL ACQUISITION CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2025
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