DAAQ to issue 3.25 warrants per non-redeemed share under Non-Redemption Agreements for Old Glory Bank deal

Digital Asset Acquisition Corp.

DAAQ will enter Non-Redemption Agreements with holders of Class A ordinary shares to not redeem shares at the business combination vote.
In exchange, each non-redeemed share receives 3.25 Non-Redemption Warrants to purchase Pubco common stock at $12.00 per share.
Warrants expire 5 years from closing, cash exercise only, with price adjustments for certain events including change of control.
Agreements terminate if business combination not completed within 90 days, unless extended by mutual consent.
Business combination with Old Glory Bank was announced January 13, 2026; closing subject to shareholder approval and other conditions.

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