Company: DAAQ
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001213900-25-027285
Chunk: 339

Company: Digital Asset Acquisition Corp.
Filing Date: 2025-04-01
Form: S-1/A
Chunk 339
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 FROM DECEMBER 9, 2024 (INCEPTION) THROUGH DECEMBER 31, 2024

| Balance at December 9, 2024 (inception)           |     | Class B Ordinary Shares 
                  Shares 
                       — |     | Amount |   — |     | Additional 
 Paid-in    
 Capital    |      — |     | Accumulated 
 Deficit     | —      |   |     | Total         
 Shareholder’s 
 Equity        |      — |   |
|:--------------------------------------------------|:----|------------------------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:-------|:--|:----|:--------------|-------:|:--|
| Issuance of Class B ordinary shares to Sponsor(1) |     |               5,750,000 |     |        | 575 |     |            | 24,425 |     |             | —      |   |     |               | 25,000 |   |
| Net loss                                          |     |                       — |     |        |   — |     |            |      — |     |             | (5,112 | ) |     |               | (5,112 | ) |
| Balance at December 31, 2024                      |     |               5,750,000 |     | $      | 575 |     | $          | 24,425 |     | $           | (5,112 | ) |     | $             | 19,888 |   |

____________ (1)Includes up to 750,000 Class B ordinary shares subject to forfeiture if the over -allotmentoption is not exercised in full or in part by the underwriter (Note 6). The accompanying notes are an integral part of the financial statements.

F-5

DIGITAL ASSET ACQUISITION CORP.
STATEMENT OF CASH FLOWS
FOR THE PERIOD FROM DECEMBER 9, 2024 (INCEPTION) THROUGH DECEMBER 31, 2024

| Cash Flows from Operating Activities:                                                       |     |   |         |   |
|:--------------------------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                                    |     | $ |  (5,112 | ) |
| Changes in operating assets and liabilities:                                                |     |   |         |   |
| Accrued expenses