secwatch.observer — SEC 8-K summary
======================================

Issuer:     Daedalus Special Acquisition Corp. (DSAC)
CIK:        0002082149
Form:       8-K
Filed at:   2025-12-16T23:59:59+00:00
Accession:  0001213900-25-122356
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Daedalus Special Acquisition Corp. completes IPO, raises $250M; $250M placed in trust
--------------------------------------------------------------------------------

- Closed IPO of 25M units at $10 each, including 2.5M over-allotment units; gross proceeds $250M.
- Private placement of 685,000 units at $10 each to sponsor and BTIG; gross proceeds $6.85M.
- Net proceeds of $250M deposited into trust account; includes $8.75M deferred underwriting commissions.
- Audited balance sheet shows cash $1.21M, trust $250M, total assets $251.2M; shareholders' deficit ($7.69M).
- Company has 24 months to complete initial business combination; no target selected yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2082149/000121390025122356/0001213900-25-122356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2082149/000121390025122356/ea0269662-8k_daedalus.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-122356

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer