Workflow
Daedalus Special Acquisition(DSACU)
icon
Search documents
Daedalus Special Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing January 29, 2026
Globenewswire· 2026-01-27 21:00
Core Viewpoint - Daedalus Special Acquisition Corp. will allow holders of its units to separately trade Class A ordinary shares and warrants starting January 29, 2026 [1][2]. Group 1: Trading Information - Holders of the units can separate them into Class A ordinary shares and warrants, which will trade under the symbols "DSAC" and "DSACW" on The Nasdaq Global Market [2]. - Units that are not separated will continue to trade under the symbol "DSACU" [2]. - No fractional warrants will be issued, and only whole warrants will be available for trading [2]. Group 2: Company Overview - Daedalus Special Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), aimed at merging or acquiring businesses [5]. - The company's strategy allows for initial business combinations across various industries, with a primary focus on building a diversified portfolio of profitable AI-powered consumer applications [5]. Group 3: Regulatory Information - The offering of the units was conducted via a prospectus, with registration statements filed with the SEC that were declared effective on December 8, 2025 [3]. - Copies of the registration statement can be accessed through the SEC's website [3].
Daedalus Special Acquisition(DSACU) - 2026 Q3 - Quarterly Report
2026-01-20 22:00
Financial Performance - As of September 30, 2025, the company reported a net loss of $66,193, primarily due to formation, general, and administrative expenses [104]. - The company had a working capital deficit of $192,695 as of September 30, 2025 [105]. Initial Public Offering - The company completed its Initial Public Offering on December 10, 2025, raising gross proceeds of $250,000,000 from the sale of 25,000,000 Units at $10.00 per Unit [107]. - Offering costs incurred during the Initial Public Offering totaled $14,449,003, which included a cash underwriting fee of $5,000,000 and a deferred underwriting fee of $8,750,000 [107]. - A total of $250,000,000 from the Initial Public Offering proceeds was placed in a Trust Account, intended for investment in U.S. government treasury obligations or money market funds [108]. Future Expenses and Financing - The company anticipates incurring increased expenses related to being a public company, including legal, financial reporting, and compliance costs [103]. - The company intends to use funds from the Trust Account for its initial business combination and working capital needs [111]. - The company may need to seek additional financing to complete its initial business combination if cash requirements exceed available funds from the Trust Account [115]. Business Combination Status - The company has not yet identified a specific business combination target and has not engaged in substantive discussions regarding potential targets [101]. - The company has no long-term debt or capital lease obligations as of the reporting date [116].
Daedalus Special Acquisition Corp. Announces Closing of Upsized $250 Million Initial Public Offering
Globenewswire· 2025-12-10 21:30
Company Overview - Daedalus Special Acquisition Corp. is a newly organized special purpose acquisition company (SPAC) formed in the Cayman Islands, led by Co-CEOs Husnu Akin Babayigit and Orkun Kilic [1][5] - The company aims to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination, with a primary focus on building a diversified portfolio of profitable AI-powered consumer applications [5] Initial Public Offering (IPO) Details - The company announced the closing of its upsized initial public offering, pricing 25,000,000 units at $10.00 per unit, resulting in gross proceeds of $250,000,000 [1] - The units began trading on the Nasdaq under the ticker symbol "DSACU" on December 9, 2025, with each unit consisting of one Class A ordinary share and one-fourth of a redeemable warrant [2] - Each whole warrant allows the holder to purchase one Class A ordinary share at $11.50 per share, with ordinary shares and warrants expected to trade under the symbols "DSAC" and "DSACW," respectively, once separated [2] Underwriting and Regulatory Information - BTIG, LLC is acting as the sole book-running manager for the offering [3] - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on December 8, 2025 [3]
Daedalus Special Acquisition Corp. Announces the Upsized Pricing of $225 Million Initial Public Offering
Globenewswire· 2025-12-09 03:26
Core Points - Daedalus Special Acquisition Corp. has announced the upsized pricing of its initial public offering (IPO) of 22,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of a redeemable warrant [1] - The offering is expected to close on December 10, 2025, subject to customary closing conditions, and BTIG, LLC is acting as the sole book-running manager for the offering [2] - The company is a special purpose acquisition company (SPAC) focused on building a diversified portfolio of profitable AI-powered consumer applications [5] Offering Details - Each whole warrant will allow the holder to purchase one Class A ordinary share at $11.50 per share, and the units are expected to trade on Nasdaq under the ticker symbol "DSACU" starting December 9, 2025 [1] - The underwriter has a 45-day option to purchase up to an additional 3,375,000 units at the IPO price to cover over-allotments [2] Regulatory Information - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on December 8, 2025, and the offering is being made only by means of a prospectus [3]
Daedalus Special Acquisition(DSACU) - Prospectus(update)
2025-11-24 22:16
As filed with the U.S. Securities and Exchange Commission on November 24, 2025. Registration No. 333-290165 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Daedalus Special Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organizat ...
Daedalus Special Acquisition(DSACU) - Prospectus
2025-09-10 20:53
As filed with the U.S. Securities and Exchange Commission on September 10, 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 (Exact name of registrant as specified in its charter) _____________________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classi ...