Digital Asset Acquisition Corp. (NASDAQ:DAAQU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DAAQU”, Tuesday, April 29, 2025.
The new SPAC aims to combine with a target company in the digital asset and cryptocurrency sectors.
Digital Asset Acquisition Corp.’s management team is led by Principal Executive Officer and Co-Chairman Peter Ort and Chief Financial Officer and Co-Chairman Jeff Tuder. The Board also includes Kristin Smith, Rebecca Rettig and Thomas Trowbridge.
Total SPAC deal count for 2025 year-to-date is now 29. This offering is expected to close on Wednesday, April 30, 2025.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is acting as the lead book-running manager for the offering and Clear Street LLC is acting as joint book-runner for the offering. Perkins Coie LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Lucky Lucko, Inc. d/b/a Efficiency is acting as trustee.
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
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Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...
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