SCHEDULE 13G/A: TD Entities Report Zero Beneficial Ownership in Compass Digital Acquisition Corp.

A group of TD entities, including TD Securities (USA) LLC and Toronto Dominion Bank, have filed an amended Schedule 13G indicating they no longer beneficially own any Class A Ordinary Shares of Compass Digital Acquisition Corp.

Summary

• This document is an Amendment No. 1 to a Schedule 13G filing concerning the beneficial ownership of Class A Ordinary Shares, par value $0.0001 per share, of Compass Digital Acquisition Corp.
• The filing was made by a group of affiliated entities: TD Securities (USA) LLC, Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC, and Toronto Dominion Bank.
• As of the event date of March 31, 2025, all reporting persons collectively declared 0.00 shares beneficially owned, representing 0% of the Class A Ordinary Shares.
• The filing certifies that any securities previously held were acquired and held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G Amendment) indicating 0% beneficial ownership by the reporting entities. It contains no information that would inherently be positive or negative for the issuer's operations or financial performance, thus a neutral sentiment score is appropriate.

Positives

• The filing represents a routine and compliant disclosure by institutional investors, adhering to SEC regulations.
• The certification that any past holdings were for ordinary course of business and not for control purposes provides clarity on the nature of investment by these entities.

Future Outlook

NA

Industry Context

Schedule 13G filings are routine disclosures by institutional investors who own less than 5% of a company's stock, or who own more than 5% but hold the shares passively without intent to influence control. This specific filing, an amendment reporting 0% ownership, indicates that the TD entities no longer hold a reportable stake in Compass Digital Acquisition Corp., which is a common occurrence in the dynamic landscape of institutional investment portfolios.

Stakeholder Impact

• Minimal impact on shareholders, employees, customers, suppliers, or creditors as this is a routine disclosure of non-ownership by institutional investors and does not reflect on the operational or financial health of Compass Digital Acquisition Corp.

Key Dates

Keywords

Schedule 13G, beneficial ownership, SEC filing, Compass Digital Acquisition Corp., TD Securities (USA) LLC, Toronto Dominion Bank, Class A Ordinary Shares, institutional ownership, ownership disclosure