{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-003691","form_type":"8-K","ticker":"DAAQ","cik":"0002052162","company_name":"Digital Asset Acquisition Corp.","filed_at":"2026-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.122993+00:00","generated_at":"2026-05-16T10:44:03.986981+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DAAQ SPAC to merge with Old Glory Bank, creating OGB Financial Company","bullets":["DAAQ will domesticate to Texas and rename to OGB Financial Co.; Old Glory Bank will merge into Pubco.","Old Glory Bank shareholders receive Pubco stock: Class A shares based on liquidation value and Participating Equity Value; Class B shares based on $250M adjusted for debt/cash.","Minimum cash condition of $50M from trust or PIPE; closing expected first half 2026; termination date May 31, 2026.","Sponsor and certain shareholders subject to 1-year lock-up (or earlier if Pubco stock ≥$12 for 20/30 days after 150 days)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-003691","json":"https://secwatch.observer/filing/0001213900-26-003691.json","markdown":"https://secwatch.observer/filing/0001213900-26-003691.md","text":"https://secwatch.observer/filing/0001213900-26-003691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2052162/000121390026003691/0001213900-26-003691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2052162/000121390026003691/ea0272675-8k425_digital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:44:03.986981+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":"8874fa63dc81ac72e0e1c7cf1860e98ac034d46d","claim":"Digital Asset Acquisition Corp. entered into Business Combination Agreement with Old Glory Holding Company (effective 2026-01-13).","evidence_excerpt":"On January 13, 2026, Digital Asset Acquisition Corp., a Cayman Islands exempted company (“DAAQ”), entered into a Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), with Old Glory Holding Company, a Delaware corporation, registered as a Bank Holding Company under the Bank Holding Company Act of 1956 (“Old Glory Bank”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2052162/000121390026003691/0001213900-26-003691-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Old Glory Holding Company"},{"label":"Effective","value":"2026-01-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}