{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-040233","form_type":"8-K","ticker":"DAAQ","cik":"0002052162","company_name":"Digital Asset Acquisition Corp.","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.785993+00:00","generated_at":"2026-05-22T14:52:53.818009+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Digital Asset Acquisition Corp. closes $172.5M IPO and $5.45M private placement on April 30, 2025","bullets":["IPO of 17,250,000 units at $10.00/unit, each consisting of one Class A share and one-half redeemable warrant.","Private placement of 5,450,000 warrants at $1.00 each to sponsor and underwriters, gross proceeds $5,450,000.","$172,500,000 deposited into trust; audited balance sheet shows trust cash of $172.5M and $1.6M due from sponsor.","Class A shares redeemable at $10.00 per share; SPAC must complete business combination by October 30, 2026 (or Jan 30, 2027).","Working capital surplus of $1.36M alleviates going-concern doubt after IPO."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-040233","json":"https://secwatch.observer/filing/0001213900-25-040233.json","markdown":"https://secwatch.observer/filing/0001213900-25-040233.md","text":"https://secwatch.observer/filing/0001213900-25-040233.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025040233/0001213900-25-040233-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2052162/000121390025040233/ea0241095-8k_digital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T14:52:53.818009+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}