Digital Asset Acquisition Corp. (DAAQW) Warrant
Each DAAQW warrant gives the holder the right to buy 1 share of Digital Asset Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.47, below the strike, so the warrant is out of the money. Digital Asset Acquisition Corp. has a market value of about $240.81M. Digital Asset Acquisition Corp. is a SPAC (deal terminated). It must complete a deal by January 30, 2027 or the warrants expire worthless. There are 8.62M listed warrants; exercising all of them would add 37.5% to the 23.00M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.64
From the issuer's S-1/A (2025-04-23).
Company and stock
- Company
- Digital Asset Acquisition Corp.
- Underlying stock
- DAAQ
- Share price
- $10.47
- Market cap
- $240.81M
- Shares outstanding
- 23.00M
- 12-month range
- $6.89 – $10.48
- 12-month change
- +3%
- Value of all listed warrants
- $1.21M (0.5% of market cap)
- Industry
- State Commercial Banks
- Head office
- Princeton, NJ
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1405
- Price / model
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Dilution
- Shares outstanding
- 23.00M
- Listed warrants
- 8.62M
- Dilution if all exercised
- 37.5%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- deal terminated
- Target
- Old Glory Holding Company
- Deal announced
- 2026-01-13
- Deadline
- 2027-01-30
- Latest possible deadline
- 2027-01-30
- Trust per share
- $10.44
- Sponsor
- DAAQ Sponsor LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about DAAQW
When does the DAAQW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of DAAQW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many DAAQW warrants are outstanding?
8.62M listed warrants, equal to 37.5% dilution if all are exercised.
Related warrants
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