CDAQF 8-K
Compass Digital Acquisition Corp. (CDAQF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 24, 2023, Burhan Jaffer announced his intention to resign as Chief Financial Officer of Compass Digital Acquisition Corporation (the “Company”), effective April 30, 2023. Mr. Jaffer is expected to stay on as a advisor to facilitate an orderly transition to his successor.
Mr. Jaffer’s decision to resign as Chief Financial Officer does not relate to any disagreement with the Company’s management, the Board of Directors of the Company (the “Board”) or the Company’s independent auditors regarding any matter related to the Company’s operations, accounting practices, financial disclosures, internal controls or policies and practices.
On April 28, 2023, the Board appointed John Roberts, age 31, as the interim Chief Financial Officer of the Company, effective May 1, 2023.
Mr. Roberts currently serves as the Company’s Senior Business Development Consultant and brings with him over ten years of experience investing in and advising companies through his work in investment banking, private equity and venture capital. In addition to his role at the Company, he also serves as Founder and Managing Partner at North Brooklyn Ventures, a search fund seeking to acquire and operate an SMB, where he is responsible for its investment decisions and manages the day-to-day activities of the company. Prior to founding North Brooklyn Ventures, John served as Vice President within the investment banking division of Barclays PLC, supporting clients across a wide variety of transactions and initiatives, including mergers and acquisitions, strategic planning, initial public offerings and other capital raises. John holds a Master of Business Administration from Harvard Business School and a Bachelor of Business Administration from the University of Notre Dame.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 28, 2023
| COMPASS DIGITAL ACQUISITION CORP. | ||
| By: | /s/ Abidali Neemuchwala | |
| Abidali Neemuchwala | ||
| Chairman and Chief Executive Officer | ||