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Digital fashion investor Loftus joins Art Technology Acquisition (ARTCU) board

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Art Technology Acquisition Corp. appointed Daniela B. Loftus, age 30, to its Board of Directors as an independent director. The Board determined she meets independence standards under Nasdaq and SEC rules.

Loftus has a deep background in digital fashion and emerging technology. She founded This Outfit Does Not Exist in 2020, co-founded RED DAO in 2021, and has helped deploy about $6.4 million into the digital fashion ecosystem through venture investments. Her prior roles include Chief Commercial Officer of Tribute Brand, founder and CEO of Draup, contributor for The Fabricant, Innovation Consultant at Founders Intelligence, and Business Development Manager at Lendledger.

She has no family relationships with company executives and no related-party transactions requiring disclosure. Like other non-employee directors, she has been allocated 20,000 Class B ordinary shares of the company by Art Technology Advisors, LLC.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 18, 2026

 

ART TECHNOLOGY ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-43040   98-1881297
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

2929 Arch Street, Suite 1703

Philadelphia, PA

  19104
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (267) 703-4396

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

  

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share and one-fourth of one warrant    ARTCU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share   ARTC   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share   ARTCW   The Nasdaq Stock Market LLC

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On February 18, 2026, Daniela B. Loftus was appointed to the Board of Directors (the “Board”) of Art Technology Acquisition Corp. (the “Company”). Ms. Loftus was determined by the Board to be independent under the rules and regulations of the Nasdaq Stock Market and the Securities and Exchange Commission.

 

Ms. Loftus, age 30, will serve as an independent director of the Company. In 2020, Ms. Loftus founded This Outfit Does Not Exist, a commercial vehicle for digital fashion content, to which she presently contributes. Ms. Loftus co-founded RED DAO in 2021 and currently serves as a founding member of the digital fashion investment vehicle which has deployed ~$6.4 million into the digital fashion ecosystem through venture investments in startups. From September 2024 to September 2025, Ms. Loftus served as the Chief Commercial Officer of Tribute Brand where she led the strategic arm of the pioneering digital fashion company. In 2022, Ms. Loftus founded and served as the Chief Executive Officer of Draup until 2024 when it was acquired. The company was the first platform for code-based couture, creating algorithmic fashion collections with prominent digital artists. From 2021 to 2023, she was a contributor for The Fabricant, where she hosted a weekly podcast session and wrote industry deep dives. From 2019 to 2022, she served as an Innovation Consultant for Founders Intelligence where she advised executives of Fortune 500 companies on how emerging technology would change the future of their industries. From 2018 to 2022, Ms. Loftus served as a Business Development Manager at Lendledger where she supported the efforts of the open, global network using blockchain technology to solve multi-trillion dollar credit gaps. She received her undergraduate degree from New York University’s Gallatin School of Individualized Study where she graduated Summa Cum Laude major in revolutions and a minor in East Asian Studies.

 

There are no family relationships between Ms. Loftus and any of the Company’s directors or executive officers. There are no related party transactions involving Ms. Loftus that are reportable under Item 404(a) of Regulation S-K. Like other non-employee directors of the Company, Ms. Loftus has been allocated 20,000 Class B ordinary shares of the Company by Art Technology Advisors, LLC.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: February 24, 2026 ART TECHNOLOGY ACQUISITION CORP.
   
  By: /s/ R. Maxwell Smeal
  Name:   R. Maxwell Smeal
  Title: Chief Financial Officer

 

 

 

 

FAQ

What board change did Art Technology Acquisition Corp. (ARTCU) announce?

Art Technology Acquisition Corp. appointed Daniela B. Loftus to its Board as an independent director. She joins with extensive experience in digital fashion, venture investing, and emerging technology, strengthening the company’s governance with sector-relevant expertise and an additional independent voice on the Board.

Is Daniela B. Loftus considered independent on the ARTCU board?

Yes, the Board determined Daniela B. Loftus is independent under Nasdaq and SEC rules. This means she meets regulatory standards for independence, with no disqualifying relationships or related-party transactions, supporting objective oversight for Art Technology Acquisition Corp.’s shareholders and management team.

What is Daniela B. Loftus’s professional background relevant to ARTCU?

Daniela B. Loftus has founded and led multiple digital fashion ventures, including This Outfit Does Not Exist and Draup. She co-founded RED DAO, which has deployed about $6.4 million into digital fashion, and held strategic roles at Tribute Brand, The Fabricant, Founders Intelligence, and Lendledger.

Did Daniela B. Loftus receive equity in Art Technology Acquisition Corp.?

Daniela B. Loftus has been allocated 20,000 Class B ordinary shares of Art Technology Acquisition Corp. by Art Technology Advisors, LLC. This allocation aligns her economically with the company’s performance, similar to other non-employee directors serving on the Board.

Are there any related-party transactions between ARTCU and Daniela B. Loftus?

No related-party transactions involving Daniela B. Loftus are reportable under Item 404(a) of Regulation S-K. The company also states there are no family relationships between her and any of Art Technology Acquisition Corp.’s directors or executive officers.

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