Digital Asset Acquisition Corp. Files 8-K
Ticker: DAAQU · Form: 8-K · Filed: May 6, 2025 · CIK: 2052162
| Field | Detail |
|---|---|
| Company | Digital Asset Acquisition Corp. (DAAQU) |
| Form Type | 8-K |
| Filed Date | May 6, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, securities-filing, special-purpose-acquisition-company
TL;DR
DAAQU filed an 8-K detailing its unit, share, and warrant structure as of April 30, 2025.
AI Summary
Digital Asset Acquisition Corp. filed an 8-K on May 6, 2025, reporting events as of April 30, 2025. The filing primarily concerns the company's structure, including units consisting of ordinary shares and redeemable warrants, and its ordinary shares and warrants separately. No specific business transactions or financial results were detailed in the provided excerpt.
Why It Matters
This filing provides an update on the corporate structure and securities of Digital Asset Acquisition Corp., which could be relevant for investors holding or considering its units, shares, or warrants.
Risk Assessment
Risk Level: low — The filing is primarily administrative and structural, with no immediate negative or positive financial implications disclosed.
Key Players & Entities
- Digital Asset Acquisition Corp. (company) — Registrant
- April 30, 2025 (date) — Date of earliest event reported
- May 6, 2025 (date) — Filing date
- 174 NASSAU STREET SUITE 2100 PRINCETON NJ 08542 (address) — Company business and mailing address
FAQ
What is the par value of Digital Asset Acquisition Corp.'s ordinary shares?
The par value of Digital Asset Acquisition Corp.'s ordinary shares is $0.0001 per share.
What constitutes a unit of Digital Asset Acquisition Corp. as described in the filing?
A unit consists of one Class A ordinary share with a par value of $0.0001 and one-half of one redeemable warrant.
What is the exercise price for the redeemable warrants of Digital Asset Acquisition Corp.?
The redeemable warrants are exercisable for one Class A ordinary share at an exercise price of $11.50 per share.
What is the fiscal year end for Digital Asset Acquisition Corp.?
The fiscal year end for Digital Asset Acquisition Corp. is December 31.
What is the SIC code for Digital Asset Acquisition Corp.?
The Standard Industrial Classification (SIC) code for Digital Asset Acquisition Corp. is 6770, which corresponds to Blank Checks.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 6, 2025 regarding Digital Asset Acquisition Corp. (DAAQU).