Digital Asset Acquisition Corp. (NASDAQ:DAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DAAQU”, Tuesday, April 29, 2025.
The new SPAC aims to combine with a target company in the digital asset and cryptocurrency sectors.
Digital Asset Acquisition Corp.’s management team is led by Principal Executive Officer and Co-Chairman Peter Ort and Chief Financial Officer and Co-Chairman Jeff Tuder. The Board also includes Kristin Smith, Rebecca Rettig and Thomas Trowbridge.
Total SPAC deal count for 2025 year-to-date is now 29. This offering is expected to close on Wednesday, April 30, 2025.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is acting as the lead book-running manager for the offering and Clear Street LLC is acting as joint book-runner for the offering. Perkins Coie LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Lucky Lucko, Inc. d/b/a Efficiency is acting as trustee.
Digital Asset Acquisition Corp. (NASDAQ:DAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DAAQU”, Tuesday, April 29, 2025. The new SPAC aims to combine with a target company in the digital asset and cryptocurrency sectors. Digital Asset Acquisition Corp.’s management team...
Real Asset Acquisition Corp. (NASDAQ:RAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RAAQU”, Tuesday, April 29, 2025. The new SPAC aims to combine with a target company in the quantum computing, metals/mining, rare earth and infrastructure sectors. Real Asset Acquisition Corp.’s...
Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) has filed for a $220 million SPAC to bring Israeli defense sector experience to a hunt for a target in that growing business sphere. The new SPAC is not over-funded and offers one right to a 1/7 share in each unit. It will have 18 months to initially close a deal,...
Columbus Circle I (NASDAQ:CCCMU) has filed for a $200 million SPAC to serve as an in-house SPAC led by underwriter Cohen & Company. The new SPAC is to have 24 months on its initial clock with a 1/2 warrant in each unit and will not over-fund its trust, instead including $10.00 per unit in the account...
At the SPAC of Dawn This week is set to be busy for SPACs at both ends of their processes as four SPACs are seeking to price their IPOs in the first two days of the week while six SPACs that are already trading have scheduled votes clustered on Wednesday and Friday. Distoken (NASDAQ:DIST) and...