Company Description
Digital Asset Acquisition Corp. is a Nasdaq-listed special purpose acquisition company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is a blank-check issuer rather than an operating business with commercial products or services.
As a SPAC, Digital Asset Acquisition Corp.'s public-company profile centers on its acquisition mandate, capital structure, shareholder approvals, governance arrangements, and disclosures related to potential business-combination activity. Its filings and public updates describe material events and agreements connected with the blank-check structure, including matters that may require shareholder voting or affect the company's securities.
Digital Asset Acquisition Corp. trades on Nasdaq under the symbol DAAQ. Its corporate identity remains that of a SPAC unless a business combination is completed and becomes effective.
Stock Performance
Digital Asset Acquisition (DAAQ) stock last traded at $10.40. Over the past 12 months, the stock has gained 0.4%. At a market capitalization of $238.7M, DAAQ is classified as a micro-cap stock with approximately 23.0M shares outstanding.
DAAQ Rankings
Latest News
Digital Asset Acquisition has 1 recent news article. Of the recent coverage, 0 articles coincided with positive price movement and 1 with negative movement. Key topics include management. View all DAAQ news →
SEC Filings
Digital Asset Acquisition has filed 5 recent SEC filings, including 3 Form S-4/A, 1 Form 425, 1 Form 8-K. The most recent filing was submitted on June 29, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all DAAQ SEC filings →
Financial Highlights
operating income reached -$379K, and net income was $4.2M. Diluted earnings per share stood at $-0.35. The company generated -$2K in operating cash flow. With a current ratio of 10.47, the balance sheet reflects a strong liquidity position.
Upcoming Events
Short Interest History
Short interest in Digital Asset Acquisition (DAAQ) currently stands at 13.6 thousand shares, up 16.4% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has decreased by 17.7%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Digital Asset Acquisition (DAAQ) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
DAAQ Company Profile & Sector Positioning
Digital Asset Acquisition (DAAQ) operates in the Shell Companies industry within the broader State Commercial Banks sector and is listed on the NASDAQ. In monthly performance, the stock ranks #2,484 among all tracked companies.