SCHEDULE: Atlas Merchant Capital Reports 0% Stake in Compass Digital
Beneficial Ownership Report Amendment
Atlas Merchant Capital entities and individuals have reported a 0% beneficial ownership in Compass Digital Acquisition Corp.'s Class A Ordinary Shares.
Summary
- Atlas Merchant Capital SPAC Fund I LP, Atlas Merchant Capital LLC, Atlas Merchant Capital LP, Atlas Merchant Capital GP LLC, AMC SPAC Fund GP LP, AMC SPAC Fund MGP LLC, Robert E. Diamond, Jr., and David I. Schamis are the reporting persons.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a change in beneficial ownership.
- As of June 30, 2025, the aggregate amount beneficially owned by each reporting person is 0.00 shares, representing 0% of the Class A Ordinary Shares.
- All reporting persons hold 0.00 shares with sole voting power, shared voting power, sole dispositive power, and shared dispositive power.
- The address for the reporting persons is c/o Atlas Merchant Capital LLC, 477 Madison Avenue, 22nd FL, New York, NY 10022.
Sentiment
Score: 5
Explanation: The filing is a neutral, factual report of a change in beneficial ownership, indicating the reporting persons no longer hold a reportable stake. It does not contain information that inherently conveys positive or negative sentiment about the company's performance or prospects.
Future Outlook
No forward-looking statements or guidance are provided in this beneficial ownership report.
Industry Context
This filing is a routine regulatory disclosure for investment entities and individuals to report changes in their beneficial ownership of a public company's securities. A Schedule 13G/A indicating 0% ownership typically signifies that the reporting party has reduced their stake below the 5% threshold, or fully divested, and no longer holds a reportable position.
Stakeholder Impact
- Shareholders: Indicates a change in the investor base, with Atlas Merchant Capital entities and individuals no longer holding a reportable stake. This could be interpreted as a divestment, which might be viewed differently depending on the market's perception of the exiting investor.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which required the filing of this statement (change in beneficial ownership). |
| 08/14/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
Schedule 13G, Beneficial Ownership, Compass Digital Acquisition Corp., Atlas Merchant Capital, SPAC, Investment Fund, Shareholding, SEC Filing
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