Digital Asset Acquisition Corp. Files S-1
Ticker: DAAQU · Form: S-1 · Filed: Feb 7, 2025 · CIK: 2052162
| Field | Detail |
|---|---|
| Company | Digital Asset Acquisition Corp. (DAAQU) |
| Form Type | S-1 |
| Filed Date | Feb 7, 2025 |
| Risk Level | medium |
| Pages | 14 |
| Reading Time | 17 min |
| Key Dollar Amounts | $150,000,000, $10.00, $11.50, $0.20, $3,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, s-1, registration-statement, digital-assets
TL;DR
Digital Asset Acquisition Corp. just filed an S-1, get ready for some new shares.
AI Summary
Digital Asset Acquisition Corp. filed an S-1 registration statement on February 7, 2025, with the SEC. The company, incorporated in the Cayman Islands and headquartered in Princeton, New Jersey, is seeking to register securities under the Securities Act of 1933. The filing details its principal executive offices and provides contact information for Jeff Tuder, Chief Financial Officer.
Why It Matters
This S-1 filing indicates Digital Asset Acquisition Corp. is preparing to offer securities to the public, which could signal future investment opportunities or strategic moves in the digital asset space.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to go public or raise capital, which inherently carries market and execution risks.
Key Numbers
- 333-284776 — SEC File Number (Identifies this specific SEC filing.)
- 0002052162 — Central Index Key (Unique identifier for the company in the SEC system.)
Key Players & Entities
- Digital Asset Acquisition Corp. (company) — Registrant
- February 7, 2025 (date) — Filing Date
- Cayman Islands (jurisdiction) — State of Incorporation
- Princeton, New Jersey (location) — Principal Executive Offices
- Jeff Tuder (person) — Chief Financial Officer
- Securities Act of 1933 (regulation) — Governing Law
FAQ
What is the primary purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the SEC on February 7, 2025.
Where is Digital Asset Acquisition Corp. incorporated?
Digital Asset Acquisition Corp. is incorporated in the Cayman Islands.
Who is the Chief Financial Officer of Digital Asset Acquisition Corp.?
Jeff Tuder is the Chief Financial Officer of Digital Asset Acquisition Corp.
What is the principal business address of the company?
The principal business address is 174 Nassau Street, Suite 2100, Princeton, New Jersey 08542.
Filing Stats: 4,180 words · 17 min read · ~14 pages · Grade level 17.9 · Accepted 2025-02-07 16:40:46
Key Financial Figures
- $150,000,000 — O COMPLETION, DATED FEBRUARY 7 , 2025 $150,000,000 Digital Asset Acquisition Corp. 15,
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
- $11.50 — s A ordinary share at a price of $11.50 per share, subject to adjustment as des
- $0.20 — a0;   Includes (a) $0.20 per unit sold in the offering, or $3,00
- $3,000,000 — $0.20 per unit sold in the offering, or $3,000,000 in the aggregate (or $3,450,000 if the
- $3,450,000 — ing, or $3,000,000 in the aggregate (or $3,450,000 if the underwriters’ over -allot
- $0.10 — g of this offering, of which (i) $0.10 per unit will be paid to the underwrite
- $0.40 — ase private placement warrants; and (b) $0.40 per unit sold in the offering, or $6,00
- $6,000,000 — $0.40 per unit sold in the offering, or $6,000,000 in the aggregate (or $6,900,000 in the
- $6,900,000 — ing, or $6,000,000 in the aggregate (or $6,900,000 in the aggregate if the over -allotment
- $172,500,000 — ed in this prospectus, $150,000,000, or $172,500,000 if the underwriters’ over -allot
- $25,000 — ased for an aggregate purchase price of $25,000, or approximately $0.004 per share. The
- $0.004 — hase price of $25,000, or approximately $0.004 per share. The Class B ordinary
- $1.00 — hare at $11.50 per share, at a price of $1.00 per warrant, or $5,000,000 (or $5,450,0
- $5,000,000 — re, at a price of $1.00 per warrant, or $5,000,000 (or $5,450,000 if the underwriters 
Filing Documents
- ea0229742-01.htm (S-1) — 3717KB
- ea022974201ex4-4_digital.htm (EX-4.4) — 148KB
- ea022974201ex23-1_digital.htm (EX-23.1) — 2KB
- ea022974201ex99-1_digital.htm (EX-99.1) — 2KB
- ea022974201ex99-2_digital.htm (EX-99.2) — 2KB
- ea022974201ex99-3_digital.htm (EX-99.3) — 2KB
- ea022974201ex-fee_digital.htm (EX-FILING FEES) — 20KB
- 0001213900-25-011355.txt ( ) — 3894KB
From the Filing
As filed with the U.S. Securities and Exchange Commission on February 7 , 2025. Registration No. 333-            UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ___________________ Digital Asset Acquisition Corp. (Exact name of registrant as specified in its charter) ___________________ Cayman Islands   6770   N / A (State or other jurisdiction of incorporation or organization)   (Primary Standard Industrial Classification Code Number)   (I.R.S. Employer Identification Number) 174 Nassau Street, Suite 2100 Princeton, New Jersey 08542 Tel: (609) 924-0759 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) ___________________ Jeff Tuder Chief Financial Officer 174 Nassau Street, Suite 2100 Princeton, New Jersey 08542 Tel: (609) 924-0759 (Name, address, including zip code, and telephone number, including area code, of agent for service) ___________________ Copies to : Elliott Smith White & Case LLP 1221 Avenue of the Americas New York, New York 10020 Tel: (212) 819-8200   Alex Davies Conyers Dill & Pearman LLP SIX, 2 nd Floor, Cricket Square, PO Box 2681 Grand Cayman KY1 -1111 , Cayman Islands Tel: (345) 945 -3901   Christopher J. Capuzzi Ropes & Gray LLP 1211 Avenue of the Americas New York, New York 10036 Tel: (212) 596 -9000 ___________________ Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box.  If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  If this Form is a post -effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  If this Form is a post -effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non -accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b -2 of the Exchange Act.   Large accelerated filer     Accelerated filer       Non-accelerated filer     Smaller reporting company               Emerging growth company   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.  The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the U.S. Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.       Table of Contents The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any juris