{"url_path":"/sec/cdaqf/8-k/2026-07-20/item-1-02","section_key":"item-1-02","section_title":"Item 1.02 Termination of a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1851909/0001493152-26-033934-index.html","accession_number":"0001493152-26-033934","cik":"0001851909","ticker":"CDAQF","issuer_name":"Compass Digital Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1851909/0001493152-26-033934-index.html","primary_entity_key":"0001851909","primary_entity_name":"Compass Digital Acquisition Corp."},"word_count":157,"has_tables":true,"body_markdown":"** **\n\n**Item\n1.02. Termination of a Material Definitive Agreement.**\n\n \n\nAs\npreviously disclosed, Compass Digital Acquisition Corp., a Cayman Islands exempted company (the\n“**Company**”), entered into that certain agreement and plan of merger (as amended, the “**Merger Agreement**”),\ndated as of January 6, 2026, with Key Mining Corp., a Delaware corporation (“**KMC**”),\nand other parties named therein for a proposed initial business combination for the Company.\n\n \n\nOn\nJuly 14, 2026, KMC sent the Company a letter terminating the Merger Agreement, effective immediately, pursuant to Sections 8.1(b) and\n10.2 of the Merger Agreement as certain closing conditions set forth in the Agreement, including, but not limited to, Sections 7.1(h)\nand 7.1(k), were not satisfied or waived by the outside date set forth in the Merger Agreement of June 30, 2026.\n\n \n\nUpon\ntermination of the Merger Agreement, the ancillary agreements, including the voting agreements, the sponsor letter agreement and the\ninside letter amendment, also terminated in accordance with their respective terms."}