Company: DAAQ
Filing Date: 2025-04-30
Form Type: 424B4
Source: 0001213900-25-037755
Chunk: 13

Company: Digital Asset Acquisition Corp.
Filing Date: 2025-04-30
Form: 424B4
Chunk 13
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 million in its initial public offering in December 2020. Concord I terminated its business combination with Circle Internet Financial Limited in December 2022 after having reached the outside date of its business combination agreement. In December 2022, Concord I redeemed all of its outstanding shares of Class A common stock because it was not able to consummate its initial business combination within the time period set forth in its charter. Members of our board of directors and management team have also served as executive officers, directors and/or advisors of Concord Acquisition Corp II (“Concord II”), a blank check company that raised $250 million in its initial public offering in September 2021. In May 2024, Concord II held a special meeting of stockholders to extend the time by which it had to consummate its initial business combination from June 2024 to March 2025. In connection with the special meeting, the holders of 12,498,716shares of Class A common stock elected to redeem their shares for a pro -rataportion of Concord II’s trust account. Concord II is currently in the process of completing its initial business combination with Events.com, Inc., which executed an agreement and plan of merger in August 2024. As of March12, 2025, the closing price of Concord II’s shares of Class A common stock was $10.61. Members of our board of directors and management team have also served as executive officers, directors and/or advisors of Concord Acquisition Corp III (“Concord III”), a blank check company that raised $345 million in its initial public offering in November 2021. In May 2023, Concord III held a special meeting of stockholders to extend the time by which it had to consummate its initial business combination from May 2023 to November 2023. In connection with the special meeting, the holders of 30,460,066shares of Class A common stock elected to redeem their shares for a pro -rataportion of Concord III’s trust account. In November 2023, Concord III held another special meeting of stockholders to further extend the time by which it had to consummate its initial business combination from November 2023 to August 2024. In connection with that special meeting, the holders of 98,573shares of Class A common stock elected to redeem their shares for a pro -rataportion of Concord III’s trust account. In March 2024, Concord III completed its initial business combination with GCT Semiconductor, Inc. (“GCT”). As