---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029392"
form_type: "8-K"
ticker: "DAAQ"
cik: "0002052162"
company_name: "Digital Asset Acquisition Corp."
filed_at: "2026-06-18T21:25:29+00:00"
generated_at: "2026-06-18T21:26:22.787167+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-029392
- form_type: 8-K
- ticker: DAAQ
- cik: 0002052162
- company_name: Digital Asset Acquisition Corp.
- filed_at: 2026-06-18T21:25:29+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2052162/000149315226029392/0001493152-26-029392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2052162/000149315226029392/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029392
- JSON: https://secwatch.observer/filing/0001493152-26-029392.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029392.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.