Harraden-related entities filed an Amendment No. 2 to a Schedule 13G/A reporting they no longer beneficially own more than 5% of Digital Asset Acquisition Corp. The filing states Amount beneficially owned: 0 and Percent of class: 0%. The Schedule is signed by Frederick V. Fortmiller, Jr. and the explanatory note describes this as an exit filing dated 05/14/2026.
Digital Asset Acquisition Corp. ("DAAQ") seeks shareholder approval to effect a domestication to Texas, merge with Old Glory Holding Company and complete a business combination that would rename the combined company "OGB Financial Company." The proxy/prospectus covers up to 62,075,000 shares of OGB Pubco Common Stock and up to 15,128,035 warrants and describes Sponsor economics, potential dilution scenarios, redemption mechanics, closing conditions and required regulatory approvals including Bank Regulatory Approvals and Nasdaq listing approval. The closing is conditioned on, among other items, the Registration Statement being declared effective and the Minimum Closing Cash Condition of $50,000,000. The DAAQ Board unanimously recommends shareholders vote "FOR" the cross‑conditioned proposals required to complete the transactions.
Digital Asset Acquisition Corp. (DAAQ) filed an 8-K describing an update on its planned business combination with Old Glory Bank. Under the existing agreement, DAAQ will change its jurisdiction from the Cayman Islands to Texas, be renamed OGB Financial Company, and Old Glory Bank will merge into this new Texas corporation.
The filing furnishes a press release stating that senior finance executives Peter Ort and Michael Sonnenshein intend to join the OGB Financial Company board of directors after the business combination closes and subject to regulatory approval, including Federal Reserve review. The document also explains that DAAQ and Old Glory Bank will file a Form S-4 registration statement with the SEC, which will include a proxy statement/prospectus for DAAQ shareholders to vote on the transaction, and it highlights extensive forward-looking statement and risk-factor disclosures related to completing and realizing the benefits of the combination.