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This company recently went public with an IPO on Tuesday, April 29th 2025. They issued 15,000,000 shares at $10.00 per share. We will continue to update data for DAAQU as it becomes available.

NASDAQ:DAAQU

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

$10.40 +0.10 (+0.97%)
As of 03:59 PM Eastern

About Digital Asset Acquisition Stock (NASDAQ:DAAQU)

Key Stats

Today's Range
$10.22
$10.48
50-Day Range
N/A
52-Week Range
$10.06
$10.48
Volume
271,349 shs
Average Volume
287,158 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

We are a special purpose acquisition company incorporated on December 9, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry but expect to target opportunities and companies that are in the digital asset and cryptocurrency sectors. While we may pursue an initial business combination in any industry, sector or geographic region, we intend to focus our search initially on identifying companies in the digital asset and cryptocurrency and adjacent sectors that power transformation and innovation. Our expertise lends itself well to pursuing platforms related to the digital asset, real estate, and related technology infrastructure sectors, but we are not required to complete our initial business combination with a business in these industries and, as a result, we may pursue a business combination outside of these industries. We expect to pursue global businesses but may also acquire a domestic company. We do not intend to acquire companies that are excessively leveraged. We believe our management team has the skills and experience to identify, evaluate and consummate a business combination and is positioned to assist businesses we acquire. However, our management team’s network and investing and operating experience do not guarantee a successful initial business combination. The members of our management team are not required to devote any significant amount of time to our business and are concurrently involved with other businesses. There is no guarantee that our current officers and directors will continue in their respective roles, or in any other role, after our initial business combination, and their expertise may only be of benefit to us until our initial business combination is completed. Past performance by our management team is not a guarantee of success with respect to any business combination we may consummate. Our executive offices are located in Princeton, New Jersey.

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DAAQU Stock News Headlines

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DAAQU Stock Analysis - Frequently Asked Questions

Digital Asset Acquisition's stock was trading at $10.30 at the start of the year. Since then, DAAQU stock has increased by 0.8% and is now trading at $10.38.
View the best growth stocks for 2025 here
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Digital Asset Acquisition (DAAQU) raised $150 million in an IPO on Tuesday, April 29th 2025. The company issued 15,000,000 shares at $10.00 per share. Cohen & Company Capital Markets and Clear Street served as the underwriters for the IPO.

Digital Asset Acquisition's quiet period expires on Monday, June 9th. Digital Asset Acquisition had issued 15,000,000 shares in its public offering on April 29th. The total size of the offering was $150,000,000 based on an initial share price of $10.00. During Digital Asset Acquisition's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

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
Industry
Investment Offices
Sub-Industry
Trading
Current Symbol
NASDAQ:DAAQU
Web
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Optionable
N/A
Beta
N/A
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This page (NASDAQ:DAAQU) was last updated on 5/12/2025 by MarketBeat.com Staff
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