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]