secwatch.observer — SEC 8-K summary
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Issuer:     Digital Asset Acquisition Corp. (DAAQ)
CIK:        0002052162
Form:       8-K
Filed at:   2026-10-08T21:27:01+00:00
Accession:  0001213900-26-108077
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052162/000121390026108077/0001213900-26-108077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052162/000121390026108077/ea0308088-8k425_digital.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-108077

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