{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-038444","form_type":"8-K","ticker":"DAAQ","cik":"0002052162","company_name":"Digital Asset Acquisition Corp.","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.785788+00:00","generated_at":"2026-05-23T01:16:01.182092+00:00","sec_items":["1.01","3.02","5.02","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Digital Asset Acquisition Corp. closes $172.5M IPO; $172.5M placed in trust for business combination","bullets":["IPO of 17,250,000 units at $10.00/unit, including full exercise of over-allotment, raising $172.5M gross.","Concurrent private placement of 5,450,000 warrants at $1.00/warrant to sponsor and underwriters, raising $5.45M.","Proceeds placed in trust account; must complete initial business combination within 18 months (21 if definitive agreement signed).","Appointed three independent directors: Kristin Smith, Rebecca Rettig, Thomas Trowbridge; board classified into three classes.","Targeting digital asset and cryptocurrency sectors for business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-038444","json":"https://secwatch.observer/filing/0001213900-25-038444.json","markdown":"https://secwatch.observer/filing/0001213900-25-038444.md","text":"https://secwatch.observer/filing/0001213900-25-038444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025038444/0001213900-25-038444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025038444/ea0240140-8k_digital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T01:16:01.182092+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7f9e5ded0f","claim":"Kristin Smith was appointed as Director at Digital Asset Acquisition Corp..","evidence_excerpt":"Kristin Smith, Rebecca Rettig and Thomas Trowbridge were appointed to the board of directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025038444/0001213900-25-038444-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"89c53db52f","claim":"Thomas Trowbridge was appointed as Director at Digital Asset Acquisition Corp..","evidence_excerpt":"Kristin Smith, Rebecca Rettig and Thomas Trowbridge were appointed to the board of directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025038444/0001213900-25-038444-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b1e53547f4","claim":"Rebecca Rettig was appointed as Director at Digital Asset Acquisition Corp..","evidence_excerpt":"Kristin Smith, Rebecca Rettig and Thomas Trowbridge were appointed to the board of directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025038444/0001213900-25-038444-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}