SCHEDULE: Centiva Capital Exits Compass Digital Stake

Centiva Capital GP, LLC and Centiva Capital, LP report zero beneficial ownership in Compass Digital Acquisition Corp.'s Class A ordinary shares.

Summary

• Centiva Capital GP, LLC and Centiva Capital, LP, collectively referred to as the Reporting Persons, have filed an Amendment No. 1 to Schedule 13G.
• The filing indicates that as of June 30, 2025, the Reporting Persons beneficially own 0 shares of Compass Digital Acquisition Corp.'s Class A ordinary shares.
• This represents 0% of the Class A ordinary shares outstanding, based on 3,310,866 shares outstanding as of May 14, 2025, as reported in the Issuer's Form 10-Q.
• The Reporting Persons, Centiva Capital GP, LLC and Centiva Capital, LP, are based in Delaware and have their principal business office in New York, NY.
• The filing certifies that the securities were acquired and held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of a change in beneficial ownership to zero, indicating an exit by an institutional investor. It does not contain financial performance data or strategic updates that would significantly alter the sentiment, making it largely neutral from the issuer's perspective, though an exit by a large holder can be seen as a minor negative signal.

Negatives

• The complete exit of Centiva Capital, an institutional investor, from its position in Compass Digital Acquisition Corp. could be perceived as a negative signal regarding the investor's confidence in the company's future prospects or strategic direction.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the issuer's future performance or strategic outlook.

Management Comments

• Alan Weiss, General Counsel and Chief Compliance Officer for both Centiva Capital GP, LLC and Centiva Capital, LP, certified that the information set forth in the statement is true, complete, and correct to the best of his knowledge and belief.
• The certification also states that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Industry Context

This filing reflects a common occurrence in the investment landscape where institutional investors, such as Centiva Capital, adjust their positions in publicly traded companies, including Special Purpose Acquisition Companies (SPACs) like Compass Digital Acquisition Corp. The complete exit of a position can be part of routine portfolio rebalancing, profit-taking, or a strategic decision based on the investor's assessment of the company or broader market conditions.

Stakeholder Impact

• Shareholders: The exit of an institutional investor may lead to questions about the company's prospects or liquidity, potentially influencing investor sentiment and trading activity.

Key Dates

Keywords

Compass Digital Acquisition Corp., Centiva Capital, Schedule 13G, Beneficial Ownership, Institutional Investor, SPAC, Investment Fund, Shareholding Change