Mergers & Acquisitions ·
On July 14, 2026, Key Mining Corp. terminated its merger agreement with Compass Digital Acquisition Corp. effective…
CDAQFCompass Digital Acquisition Corp.
On July 14, 2026, Key Mining Corp. terminated its merger agreement with Compass Digital Acquisition Corp. effective immediately, as closing conditions were not met by the June 30, 2026 deadline. Consequently, the board of directors determined to cease operations, redeem Class A ordinary shares using funds from the IPO trust account (including interest, less up to $50,000 for dissolution expenses), and dissolve the company. Warrants will expire worthless, and sponsors Compass Digital SPAC LLC and HCG Opportunity, LLC have waived their redemption rights for Class B shares. The company is a special purpose acquisition company (SPAC) designed to effect a business combination.