Compass Digital Acquisition Corp. (Nasdaq: CDAQ) is a blank-check company targeting the digital technology sector. The SPAC filed a Form 425 communication with the SEC on February 23, 2026, under accession number 0001493152-26-007754, indicating that a business combination is actively in progress. Form 425 filings are required under Rule 425 of the Securities Act whenever a company makes written communications relating to a proposed merger or acquisition transaction. CDAQ's digital-sector mandate positions it within one of the more active SPAC niches, where targets have ranged from fintech and SaaS to digital media and infrastructure. Sign up at SpacDesk for full filing history, deal timelines, and real-time data on CDAQ and hundreds of other active SPACs.