Digital Asset Acquisition Corp.

Digital Asset Acquisition Corp. is a blank check company incorporated in the Cayman Islands on December 9, 2024. The company was formed to complete a business combination, such as a merger, share exchange, asset acquisition, share purchase, or reorganization, with one or more businesses. The company has 18 months from the closing of its initial public offering (or 21 months if a definitive agreement for a business combination is executed within 18 months) to complete this initial business combination. The initial public offering's registration statement became effective on April 28, 2025. On April 30, 2025, the company completed its initial public offering, selling 17,250,000 units, which included 2,250,000 units from the full exercise of the underwriters' over-allotment option. This generated gross proceeds of $172,500,000. The company has not engaged in any operations or generated any revenue to date and is considered a "shell company" under the Exchange Act of 1934, as amended, due to having no operations and nominal assets consisting almost entirely of cash. The company may pursue an acquisition opportunity in any industry, sector, or geographic location.