Digital Asset Acquisition to buy Titan Strategics for $250M in stock; renamed Renaissance Nuclear on close

Digital Asset Acquisition Corp.

DAAQ agreed to acquire all equity of Titan Strategics Holdings Ltd for a $250,000,000 base purchase price, paid in 25,000,000 Parent Common Shares valued at $10.00 each.
Titan's wholly owned unit Titan Strategics AS holds exploration permits for the Billingen Project, roughly 207 km2 in Sweden's Billingen-Falbygden region.
DAAQ will de-register from the Cayman Islands, domesticate as a Delaware corporation and rename itself Renaissance Nuclear, Inc.; outside closing date is June 1, 2027, extendable three months.
Closing conditions include consummated PIPE financing, Parent closing cash of at least $10,000,000, Company Group indebtedness not exceeding $500,000, and Nasdaq listing approval.
Lock-Up Agreement covers 70% of sponsor/insider Parent Common Shares for 18 months, releasing in 20% tranches with acceleration if uranium spot hits $135, $157 or $179 per pound.

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