Digital Asset Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering

Group 1 - Digital Asset Acquisition Corp. announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, expected to trade on Nasdaq under the ticker symbol "DAAQU" starting April 29, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on April 30, 2025, and the underwriters have a 45-day option to purchase an additional 2,250,000 units to cover over-allotments [3] Group 2 - Digital Asset Acquisition Corp. is a blank check company formed to effect a merger or similar business combination, primarily targeting opportunities in the digital asset and cryptocurrency sectors [2] - The registration statement for the securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on April 28, 2025 [4]