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

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.

Key Stats

• Today's Range: $11.02 to $11.08
• 50-Day Range: $10.41 to $11.49
• 52-Week Range: $10.06 to $11.70
• Volume: 2,226 shs
• Average Volume: 94,335 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 at the beginning of 2025. Since then, DAAQU shares have increased by 7.0% and is now trading at $11.02.

When did Digital Asset Acquisition IPO?

Digital Asset Acquisition (DAAQU) raised $150 million in an initial public offering (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 acted as the underwriters for the IPO.

When did Digital Asset Acquisition's quiet period expire?

Digital Asset Acquisition's quiet period expired 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, insiders and underwriters involved in the IPO were prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

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