Digital Asset Acquisition Corp. (DAAQ) Form 8-K — Oct 8, 2026
$DAAQForm 8-KItems 1.01, 3.02, 7.01, 9.01Filed Oct 8, 2026, 5:27 PM ET0001213900-26-108077Original filing
Digital Asset Acquisition Corp. (DAAQ) entered into a definitive merger agreement dated October 7, 2026 to acquire Titan Strategics Holdings Ltd for a Base Purchase Price of $250,000,000, payable in 25,000,000 Parent Common Shares valued at $10.00 per share. Titan's operating subsidiary, Titan Strategics AS, holds uranium exploration permits for the Billingen Project covering approximately 207 km2 in the Billingen-Falbygden region of Sweden. Following closing, DAAQ will domesticate as a Delaware corporation and rename itself Renaissance Nuclear, Inc.
Key figures
- Deal Value Usd
- 250000000
- Gross Proceeds
- 15000000
- Offering Price
- 10
- Shares Offered
- 25000000
- Pipe shares
- 1500000
- Advisor shares
- 4000000
- Lockup percent
- 70%
- License area km2
- 207
- Referral fee shares
- 1750000
- Lockup period months
- 18
- Outside closing date
- June 1, 2027
- Participation shares
- 250000
- Parent min closing cash
- 10000000
- Company max debt at closing
- 500000
- Merger consideration shares
- 25000000
- Equity incentive plan shares
- 6000000
AI analysis
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