Company: DAAQ
Filing Date: 2025-02-07
Form Type: S-1
Source: 0001213900-25-011355
Chunk: 224

Company: Digital Asset Acquisition Corp.
Filing Date: 2025-02-07
Form: S-1
Chunk 224
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 gross revenue of at least $1.235 billion, or (c) in which we are deemed to be a large accelerated filer, which means the market value of our Class A ordinary shares that are held by non -affiliatesexceeds $700 million as of the prior June 30, and (2) the date on which we have issued more than $1.0 billion in non -convertibledebt during the prior three -yearperiod. Additionally, we are a “smaller reporting company” as defined in Item 10(f)(1) of Regulation S -K. Smaller reporting companies may take advantage of certain reduced disclosure obligations, including, among other things, providing only two years of audited financial statements. We will remain a smaller reporting company until the last day of the fiscal year in which (1) the market value of our Class A ordinary shares held by non -affiliatesequals or exceeds $250 million as of the end of that year’s second fiscal quarter, or (2) our annual revenues equaled or exceeded $100 million during such completed fiscal year and the market value of our Class A ordinary shares held by non -affiliatesexceeds $700 million as of the end of that year’s second fiscal quarter. Legal Proceedings There is no material litigation, arbitration or governmental proceeding currently pending against us or any members of our management team in their capacities as such. 143

Management Officers, Directors and Director Nominees Our officers, directors and director nominees are as follows:

| Name:             |     | Age: |     | Position:                                   |
| Peter Ort         |     |   54 |     | Principal Executive Officer and Co-Chairman |
| Jeff Tuder        |     |   51 |     | Chief Financial Officer and Co-Chairman     |
| Kristin Smith     |     |   43 |     | Director Nominee                            |
| Rebecca Rettig    |     |   45 |     | Director Nominee                            |
| Thomas Trowbridge |     |   50 |     | Director Nominee                            |

Upon consummation of this offering, our directors and officers will be as follows: Peter Ort,54, has served as our Principal Executive Officer and as Co -Chairmanof our board of directors since December 2024. Mr. Ort has been a General Partner at Cambium Capital Management LP, a venture capital firm focused on early -stageinvestments in the advanced computing sector, since January