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Daedalus Special Acquisition (DSACU) sponsor forfeits 291,667 Class B shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Daedalus Special Acquisition LLC, the sponsor of Daedalus Special Acquisition Corp., forfeited 291,667 Class B ordinary shares to the company in connection with the partial exercise of the underwriters' over-allotment option. The transaction was reported on a Form 4 by Husnu Akin Babayigit, who serves as Co‑Chief Executive Officer, director and 10% owner of the issuer.

The forfeited shares were indirectly held through the sponsor, and the filing shows 8,333,333 derivative securities beneficially owned indirectly after the transaction. The Class B ordinary shares automatically convert into Class A ordinary shares on a one‑for‑one basis at or around the issuer’s initial business combination, and they have no expiration date. Babayigit has shared voting and dispositive power over the sponsor’s holdings and disclaims beneficial ownership beyond any pecuniary interest.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Babayigit Husnu Akin

(Last) (First) (Middle)
C/O DAEDALUS SPECIAL ACQUISITION CORP.
50 SLOANE AVENUE

(Street)
LONDON X0 SW3 3DD

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Daedalus Special Acquisition Corp. [ DSAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Co-Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares (1) 01/23/2026 D 291,667 (1) (1) Class A Ordinary Shares 291,667 (1) 8,333,333 I See Footnote(2)
Explanation of Responses:
1. The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.
2. Consists of shares owned by Daedalus Special Acquisition LLC (the "sponsor"). 291,667 Class B ordinary shares were forfeited to the Issuer in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters. Husnu Akin Babayigit is a manager of the sponsor and has shared voting and dispositive power over the shares owned by the sponsor. Husnu Akin Babayigit disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
/s/ Husnu Akin Babayigit 01/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the latest Daedalus Special Acquisition Corp. (DSACU) Form 4 report?

The Form 4 reports that Daedalus Special Acquisition LLC, the sponsor, forfeited 291,667 Class B ordinary shares to the company. This occurred in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters.

How many Daedalus Special Acquisition Corp. Class B shares remain after the reported transaction?

After the forfeiture of 291,667 Class B ordinary shares, the filing shows 8,333,333 derivative securities beneficially owned indirectly. These holdings are through Daedalus Special Acquisition LLC, with Husnu Akin Babayigit having shared voting and dispositive power over the sponsor’s shares.

Who is the reporting person on the Daedalus Special Acquisition Corp. (DSACU) Form 4?

The reporting person is Husnu Akin Babayigit, who is a director, Co‑Chief Executive Officer, and a 10% owner of Daedalus Special Acquisition Corp. He reports indirect holdings through the sponsor and disclaims beneficial ownership beyond any pecuniary interest.

How do Daedalus Special Acquisition Corp. Class B ordinary shares convert into Class A shares?

The Class B ordinary shares automatically convert into Class A ordinary shares on a one‑for‑one basis. This conversion occurs concurrently with or immediately following the issuer’s initial business combination, or earlier at the option of the holders, and the Class B shares have no expiration date.

Was the Daedalus Special Acquisition Corp. share transaction direct or indirect for the reporting person?

The transaction was reported as an indirect transaction for the reporting person. The Class B ordinary shares are owned by Daedalus Special Acquisition LLC, the sponsor, and Husnu Akin Babayigit reports shared voting and dispositive power over these sponsor-held shares.

Why were Daedalus Special Acquisition Corp. Class B shares forfeited in this Form 4?

The filing states that 291,667 Class B ordinary shares were forfeited to Daedalus Special Acquisition Corp. in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters in the company’s offering.
Daedalus Special Acquisition Corp.

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