Digital Asset Acquisition Corp. Units
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ROIC.AI
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- Digital Asset Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a focus on opportunities in the digital asset and cryptocurrency sectors, including digitally represented assets on the blockchain such as tokens, non-fungible tokens and cryptocurrencies. The company offers no current products or services beyond its structure as a special purpose acquisition vehicle, consisting of redeemable units comprising one Class A ordinary share and one-half of one redeemable warrant, with separate trading of Class A ordinary shares under the ticker DAAQ and warrants under DAAQW commencing on or about June 2, 2025. Incorporated on December 9, 2024, as a Cayman Islands exempted company, it is headquartered at 174 Nassau Street, Suite 2100, Princeton, New Jersey 08542, United States, and operates principally in the financial services industry targeting high-growth frontier technologies without current geographic limitations beyond its intended global business combination pursuits. In April 2025, the company priced its initial public offering at $150 million, comprising 15 million units at $10.00 each, which closed at $172.5 million on April 30, 2025, following the full exercise of underwriters' over-allotment option for an additional 2.25 million units, with Cohen & Company Capital Markets acting as lead book-running manager alongside Clear Street. Concurrently, it raised $5.45 million through a private placement of warrants purchased primarily by its sponsor and affiliates. As of December 2025, no business combination target has been publicly announced, and the company's Exchange Act registration has been revoked. The management team, led by co-chairmen Peter Ort, a general partner at Cambium Capital Management LP focused on advanced computing, and Jeff Tuder, founder of Tremson Capital Management LLC, draws on prior SPAC experience including Concord Acquisition Corps I-III.
Company News
DIGITAL ASSET ACQUISITION CORP. TO COMBINE WITH TITAN STRATEGICS, EXPLORATION LICENSE HOLDER OVER RANSTAD, SWEDEN'S LARGEST PREVIOUSLY PRODUCING URANIUM MINE; COMBINED COMPANY TO BE NAMED “RENAISSANCE NUCLEAR, INC.
Digital Asset Acquisition Corp. Announces Postponement of Shareholder Meeting
Digital Asset Acquisition (NASDAQ:DAAQU) Trading Down 3.5% – Should You Sell?
Digital Asset Acquisition (NASDAQ:DAAQU) Trading Up 0.2% – Should You Buy?
Old Glory Bank and Digital Asset Acquisition Corp. Announce Business Combination Agreement to Create a Texas Company Publicly Listed on Nasdaq
Old Glory Bank and Digital Asset Acquisition Corp. Announce Business Combination Agreement to Create a Texas Company Publicly Listed on Nasdaq
Digital Asset Acquisition (NASDAQ:DAAQU) Stock Price Up 0.4% – Still a Buy?
Digital Asset Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about June 2, 2025
U.S. IPO Weekly Recap: Flurry Of SPACs List And Submit Filings Amid Otherwise Quiet IPO Market