Digital Asset Acquisition Corp. filings document the company's status as a special purpose acquisition company and its related public-company disclosure obligations. The record includes Form 8-K material-event reports covering material agreements, shareholder voting matters, governance matters, risk factors, capital-structure disclosures, and SPAC security-structure topics.
These disclosures describe the formal agreements, voting mechanics, operating and financial information, and risk considerations that accompany DAAQ's blank-check issuer structure and business-combination mandate.
Digital Asset Acquisition Corp. (DAAQ) agreed, subject to satisfaction or waiver of closing conditions, to acquire all equity interests of Titan Strategics Holdings Ltd. for a $250,000,000 Base Purchase Price, represented by 25,000,000 Parent Common Shares calculated at $10.00 per share.
DAAQ is to domesticate as a Delaware corporation and change its name to Renaissance Nuclear, Inc.; Titan will survive as its wholly owned subsidiary. Closing conditions include shareholder approvals, effectiveness of the Form S-4 registration statement, at least $10,000,000 in Parent Closing Cash at Closing, and Company Group indebtedness no greater than $500,000 at Closing, along with specified diligence concerning the Billingen exploration permits.
The PIPE agreement provides for 1,500,000 Parent Common Shares to the PIPE Investor and other subscribers at $10.00 each, for $15,000,000 in gross proceeds; the PIPE Financing is expected to close on the Closing Date. The PIPE Investor is also to receive 250,000 Participation Shares. Upon consummation, a finder is to receive 1,750,000 Parent Common Shares, while the Sponsor is to forfeit an equal number for no consideration. Titan subsidiary Titan Strategics AS holds Billingen exploration permits covering approximately 207 km² in Sweden.
Digital Asset Acquisition Corp. (DAAQ) agreed to acquire all equity interests in Titan Strategics Holdings Ltd. for a $250 million base purchase price payable in 25,000,000 Parent Common Shares, valued at $10.00 each. The proposed transaction would domesticate DAAQ in Delaware, rename it Renaissance Nuclear, Inc., and make Titan a wholly owned subsidiary, subject to shareholder and regulatory approvals and other closing conditions.
Titan’s subsidiary holds exploration permits over approximately 207 km² in Sweden’s Billingen district. Historical drilling results discussed for the project have not yet been verified by a Qualified Person under SEC Regulation S-K 1300. The PIPE subscription covers 1,500,000 shares at $10.00 each for $15 million in gross proceeds, plus 250,000 participation shares. The transaction announcement estimates approximately $65 million in gross proceeds assuming no DAAQ redemptions, including a minimum $15 million PIPE, and a $318 million pro forma enterprise value excluding additional earnout shares. Net proceeds are expected to fund general corporate purposes, project exploration and advancement, and transaction expenses. Completion is expected in early 2027, subject to customary closing conditions.
Digital Asset Acquisition Corp. disclosed that on August 13, 2026 it and Old Glory Holding Company entered into a Mutual Termination and Release Agreement. This agreement terminates their January 13, 2026 Business Combination Agreement and abandons the contemplated business combination transactions as of the same date.
Upon termination, the Business Combination Agreement and related ancillary documents cease to impose further obligations on either party, other than Section 9.18, which remains in effect. Because the transaction will not proceed, the company will indefinitely postpone its extraordinary general meeting of shareholders that had been scheduled for August 14, 2026, as there is no longer business to be transacted at that meeting.
Digital Asset Acquisition Corp., a Cayman Islands company, reported that on August 13, 2026 it and Old Glory Holding Company entered into a Mutual Termination and Release Agreement. This agreement terminates in full their January 13, 2026 Business Combination Agreement and abandons the contemplated business combination transactions as of the same date.
The termination releases the parties from further obligations under the Business Combination Agreement and automatically ends all ancillary transaction documents, except that Section 9.18 of the prior agreement remains in effect. Because the combination will not proceed, the extraordinary general meeting of shareholders previously scheduled for August 14, 2026 at 10:00 a.m. Eastern Time is being indefinitely postponed.
Mizuho Financial Group, Inc., a Japan-based parent holding company, reports beneficial ownership of common shares of Digital Asset Acquisition Corp.. The group reports beneficial ownership of 1,081,463 common shares, representing 6.3% of the class.
Mizuho reports sole voting power and sole dispositive power over 1,081,463 shares, with no shared voting or dispositive power. The shares are directly held by Mizuho Securities USA LLC, and Mizuho Financial Group, Mizuho Bank, Ltd., and Mizuho Americas LLC may be deemed indirect beneficial owners.
Digital Asset Acquisition Corp., a SPAC, reported total assets of $180,606,950 as of June 30, 2026, including $180,097,053 of U.S. Treasury investments in its trust account supporting 17,250,000 Class A shares at a redemption value of about $10.44 per share.
The company recorded net income of $1,345,315 for the quarter and $2,384,004 for the first half of 2026, almost entirely from interest on trust investments, while general and administrative expenses rose to $174,058 for the quarter and $600,500 year-to-date.
On January 13, 2026 it agreed to merge with Old Glory Bank at a $250.0 million equity value, creating OGB Financial Company, with a shareholder vote set for August 14, 2026. With a January 30, 2027 deadline to complete a business combination, management states there is substantial doubt about its ability to continue as a going concern if no transaction is completed by then.
Digital Asset Acquisition Corp., a SPAC, postponed its extraordinary general meeting of shareholders to approve its proposed initial business combination with Old Glory Holding Company (Old Glory Bank). The meeting was moved from July 31, 2026 to 10:00 a.m. Eastern Time on August 14, 2026.
The rescheduled meeting will be held at Ashurst Perkins Coie US LLP, 1155 Avenue of the Americas, New York, NY 10036, and via live webcast at https://vote.useefficiency.com/meetings/proxy/daaq. The redemption deadline for Class A ordinary shares was July 29, 2026, and the proposals and record date of July 7, 2026 remain unchanged. A Form S-4 registration statement containing the proxy statement/prospectus was declared effective on July 6, 2026.
Digital Asset Acquisition Corp. postponed its extraordinary general meeting of shareholders to 10:00 a.m. Eastern time on August 14, 2026, from July 31, 2026. At this meeting, shareholders will vote on the proposed initial business combination with Old Glory Holding Company (Old Glory Bank).
The meeting will be held at Ashurst Perkins Coie LLP in New York and via live webcast. The redemption deadline for Class A shares in connection with the business combination was July 29, 2026 and remains unchanged. Only holders of ordinary shares as of the July 7, 2026 record date may vote. A registration statement on Form S-4 for the transaction was declared effective on July 6, 2026, and Digital Asset Acquisition continues to solicit proxies. The company is a blank check vehicle targeting businesses in the digital asset and cryptocurrency sectors.
Digital Asset Acquisition Corp. (DAAQ) is asking shareholders to approve a domestication to Texas, a merger with Old Glory Holding Company and related transactions that would rename the combined company OGB Financial Company. The proxy/prospectus registers up to 62,075,000 shares and 15,128,035 warrants in connection with the Business Combination. Closing is conditioned on items including Bank regulatory approvals, a $50,000,000 minimum Transaction Financing, Nasdaq listing approval (which may be waived in limited circumstances), shareholder approvals and customary closing conditions. DAAQ insiders (including the Sponsor holding ~24.5% as of the Record Date) have agreed to support the Business Combination and waived redemption rights; the Sponsor will receive founder shares and private placement warrants that may cause dilution. Public shareholders may redeem shares for the Trust Account redemption price (illustratively ~$10.44 per share as of the Record Date) if they timely follow the stated procedures.