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Proceeds from sale of
units, net of...
$167,662,281
Proceeds from private
placement warrants, less...
$5,432,215
Proceeds from public
warrants, less issuance...
$468,608
Net cash provided by
financing activities
$173,563,104
Net change in cash
and cash...
$1,060,921
Canceled cashflow
$172,502,183
Net income (loss)
$4,244,525
Operating costs paid by
sponsor from proceeds
$267,836
Operating expenses paid
via promissory note...
$112,848
Accrued expenses
$98,098
Due to related party
$6,326
Net cash used in
investing activities
-$172,500,000
Net cash used in
operating activities
-$2,183
Canceled cashflow
$4,729,633
Cash deposited into
trust account
$172,500,000
Earnings on marketable
securities held in trust...
$4,624,457
Prepaid insurance
$87,359
Prepaid expenses and
other current assets
$20,000
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source: myfinsight.com
Digital Asset Acquisition Corp. (DAAQU)
Digital Asset Acquisition Corp. (DAAQU)