Company: DAAQ
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001213900-25-034368
Chunk: 154

Company: Digital Asset Acquisition Corp.
Filing Date: 2025-04-23
Form: S-1/A
Chunk 154
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 |    75,000 |     |        5.8 | % |
| Reimbursement for administrative support(5)                                                       |     | $      |   420,000 |     |       32.3 | % |
| Directors’ and officers’ liability insurance                                                      |     | $      |   350,000 |     |       26.9 | % |
| Miscellaneous                                                                                     |     | $      |    60,000 |     |        4.6 | % |
| Total                                                                                             |     | $      | 1,300,000 |     |      100.0 | % |

____________ (1)Includes amounts payable to public shareholders who properly redeem their shares in connection with our successful completion of our initial business combination. (2)A portion of the offering expenses have been paid from the proceeds of loans from our sponsor of up to $300,000 as described in this prospectus. These loans will be repaid upon completion of this offering out of the $700,000 of offering proceeds that has been allocated for the payment of offering expenses other than underwriting commissions. In the event that offering expenses are less than set forth in this table, any such amounts will be used for post -closingworking capital expenses. (3)The underwriters have agreed to defer underwriting commissions equal to up to 4.0% of the gross proceeds of this offering, or $6,000,000 in the aggregate, (or up to $6,900,000 if the over -allotmentoption is exercised in full) payable to the underwriters in this offering. Upon completion of our initial business combination, up to $6,000,000 in the aggregate, (or up to $6,900,000 if the over -allotmentoption is exercised in full) which constitutes the deferred underwriting commissions will be paid to the underwriters from the remaining cash held in the Company’s trust account at the closing of the initial business combination, but any such amounts shall be due solely on amounts remaining in the trust account following all properly

101 submitted shareholder redemptions in connection with the consummation of our initial business combination. The remaining funds will be released to us and can be used to pay all or a portion of the purchase price of the business or businesses with which our initial business combination occurs or for general corporate purposes, including payment of principal or interest on indebtedness incurred in connection with our initial business combination, to fund the purchases of