Digital Asset Acquisition Corp.

Digital Asset Acquisition Corp. (DAAQ) is a blank-check company (SPAC) that raised $150M in its initial public offering on Apr 30, 2025, listing on Nasdaq Global Market. It agreed to combine with Titan Strategics Holdings Ltd, announced on Oct 8, 2026, at a stated value of $250M. The deal has not closed yet. Cohen & Company Capital Markets led the IPO, with J.V.B. Financial. Perkins Coie advised the SPAC and Ropes & Gray advised the underwriters on the IPO.

Titan Strategics Holdings Ltd holds uranium and nuclear mineral exploration permits, including the Billingen Project in Sweden. It is the target of a proposed business combination with a special purpose acquisition company.

Status

Deal announced

Ticker

DAAQ

IPO date

Apr 30, 2025

IPO size

$150M

IPO exchange

Nasdaq Global Market

Target

Titan Strategics Holdings Ltd

Target sector

Mining

Announced

Oct 8, 2026

Stated deal value

$250M

Combined company

Renaissance Nuclear, Inc.

IPO underwriters

Cohen & Company Capital Markets and J.V.B. Financial

SPAC counsel (IPO)

Perkins Coie and Conyers Dill & Pearman

Underwriters' counsel (IPO)

Ropes & Gray