Company: DAAQ
Filing Date: 2025-04-30
Form Type: 424B4
Source: 0001213900-25-037755
Chunk: 179

Company: Digital Asset Acquisition Corp.
Filing Date: 2025-04-30
Form: 424B4
Chunk 179
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 represent an interest in certain private placement warrants and founder shares held by our sponsor, to be purchased by the non -managingsponsor investors, and (ii) class B -1and B -2membership units that will represent an interest in the remaining founder shares and private placement warrants held by our sponsor, respectively. All members of our sponsor, including any non -managingsponsor investor that may join our sponsor concurrently with this offering will hold classes of membership units representing their proportional interest in the founder shares and private placement warrants. While the non -managingsponsor investors would have an interest in our completion of an initial business combination, pursuant to an agreement of all members of our sponsor, the management and control of our sponsor is vested exclusively in the managing members of our sponsor, which are Peter Ort, our Principal Executive Officer, and Jeff Tuder, our Chief Financial Officer. As a result of this management structure, non -managingsponsor investors will have no right to control our sponsor, or participate in any decision regarding the disposal of any security held by our sponsor, or otherwise. 119

The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates, assuming the underwriters’ over -allotmentoption is not exercised:

| Entity/Individual                                                     |     | Amount of Compensation to be                                                                                                                             
 Received or Securities                                                                                                                                   
 Issued or to be Issued                                                                                                                                   |     | Consideration Paid or to be Paid                                                                                                                                                                                                                              |
| DAAQ Sponsor LLC                                                      |     | 5,000,000 Class B Ordinary Shares(1) (which include anti-dilution adjustments as described in “— Founder shares conversion and anti-dilution rights”)(2) |     | $25,000 (approximately $0.004 per share)                                                                                                                                                                                                                      |
| DAAQ Sponsor LLC                                                      |     | 3,500,000 private placement warrants to be purchased simultaneously with the closing of this offering                                                    |     | $3,500,000 ($1.00 per private placement warrant)                                                                                                                                                                                                              |
| DAAQ Sponsor LLC                                                      |     | up to $20,000 per month, commencing on the first date on which our securities are listed on the Nasdaq                                                   |     | Office space and administrative services provided to members of our management team                                                                                                                                                                           |
| DAAQ Sponsor LLC