| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,149,892 | - | ||
| Prepaid insurance | 65,625 | 65,625 | ||
| Due from sponsor | - | 1,281,540 | ||
| Prepaid expenses and other current assets | 20,000 | - | ||
| Deferred offering costs | - | 0 | ||
| Total current assets | 1,235,517 | 1,347,165 | ||
| Marketable securities held in trust account | 175,466,068 | 173,664,886 | ||
| Long-term prepaid insurance | 38,140 | 54,546 | ||
| Total assets | 176,739,725 | 175,066,597 | ||
| Accrued expenses | 54,079 | 77,908 | ||
| Due to related party-Related Party | 81,647 | 75,321 | ||
| Total current liabilities | 135,726 | 153,229 | ||
| Deferred underwriting fee payable | 6,900,000 | 6,900,000 | ||
| Total liabilities | 7,035,726 | 7,053,229 | ||
| Accumulated deficit-Common Class B | - | -5,652,093 | ||
| Class a ordinary shares subject to possible redemption, 17,250,000 and 0 shares at redemption value of 10.17 and 0 per share at september 30, 2025 and december 31, 2024, respectively-Common Class A | 175,466,068 | 173,664,886 | ||
| Ordinary shares, value-Common Class B | 575 | 575 | ||
| Ordinary shares, value-Common Class A | - | 0 | ||
| Additional paid-in capital-Common Class B | - | 0 | ||
| Accumulated deficit | -5,762,644 | - | ||
| Total shareholders equity (deficit) | -5,762,069 | -5,651,518 | ||
| Liabilities and shareholders equity (deficit) | 176,739,725 | 175,066,597 | ||
Digital Asset Acquisition Corp. (DAAQ)
Digital Asset Acquisition Corp. (DAAQ)