Digital Asset Acquisition (DAAQU) Stock Price, News & Analysis

Company Overview

Digital Asset Acquisition Corp. (NASDAQ:DAAQU) is a special purpose acquisition company (SPAC) organized as a Delaware corporation. It completed an initial public offering of units in 2021 and is focused on identifying and completing a business combination with one or more businesses in the digital asset and blockchain ecosystem. Its units trade on the Nasdaq Capital Market under the ticker “DAAQU,” with the underlying shares and warrants trading separately following the customary 52-day lockup period.

The company’s primary objective is to target enterprises operating in areas such as cryptocurrency trading and custody, blockchain infrastructure, digital asset mining, decentralized finance (DeFi) platforms and related services. By leveraging the expertise of its management team and advisors, Digital Asset Acquisition aims to partner with a growth-stage or mature business that can benefit from public-market access and capital to accelerate expansion, research and development, and global market penetration.

Through its blank-check structure, Digital Asset Acquisition Corp. provides a vehicle for investors to gain exposure to the rapidly evolving digital asset sector without selecting a single private company. While the company has yet to announce a definitive merger partner, it remains fully funded and in search of a transaction that aligns with its mission of supporting innovation in the blockchain and digital finance industries.

Key Stats

• Today's Range: $10.72 to $10.72
• 50-Day Range: $10.21 to $11.49
• 52-Week Range: $10.06 to $11.70
• Volume: 34 shs
• Average Volume: 81,925 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

DAAQU Stock Analysis - Frequently Asked Questions

How have DAAQU shares performed this year?

Digital Asset Acquisition's stock was trading at $10.30 on January 1st, 2025. Since then, DAAQU stock has increased by 4.1% and is now trading at $10.72.

When did Digital Asset Acquisition IPO?

Digital Asset Acquisition (DAAQU) raised $150 million in an IPO on Tuesday, April 29th 2025. The company issued 15,000,000 shares at a price of $10.00 per share. Cohen & Company Capital Markets and Clear Street acted as the underwriters for the IPO.

When does the company's lock-up period expire?

Digital Asset Acquisition's lock-up period expires on Monday, October 27th. Digital Asset Acquisition had issued 15,000,000 shares in its IPO on April 29th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Digital Asset Acquisition's major shareholders?

Digital Asset Acquisition's top institutional shareholders include Alberta Investment Management Corp and Wealthspring Capital LLC.

How do I buy shares of Digital Asset Acquisition?

Shares of DAAQU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:DAAQU
• CIK: 2052162
• Web: N/A
• Phone: (609) 924-0759
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A