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Digital Asset Acquisition Corp.

For the period ended Jun 30, 2026. Filed Aug 3, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 3, 2026

DAAQ$10.52+0.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30,2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission File Number:001-42612

(Exact name of registrant as specified in its charter)

Cayman IslandsN/A
(State or other jurisdiction of incorporation or organization)(IRS Employer Identification No.)

174 Nassau Street, Suite 2100,

Princeton, New Jersey 08542

Telephone:(609) 924-0759

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrantDAAQUThe Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per shareDAAQThe Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per shareDAAQWThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer ☐Accelerated filer ☐
Non-accelerated filer ☒Smaller reporting company ☒
Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒ No ☐

As of August 3, 2026, there were 17,250,000 Class A ordinary shares, par value $0.0001 per share, issued and outstanding, and 5,750,000 shares of the registrant’s Class B ordinary share, par value $0.0001 per share, issued and outstanding.

TABLE OF CONTENTS

Page
PART 1 - FINANCIAL INFORMATION1
Item 1.UNAUDITED CONDENSED FINANCIAL STATEMENTS1
Condensed Balance Sheets as of June 30, 2026 (unaudited) and December 31, 20251
Unaudited Condensed Statements of Operations for the three and six months ended June 30, 2026 and 20252
Unaudited Condensed Statements of Changes in Shareholders’ Deficit for the three and six months ended June 30, 2026 and 20253
Unaudited Condensed Statements of Cash Flows for the six months ended June 30, 2026 and 20255
Notes to Unaudited Condensed Financial Statements6
Item 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS22
Item 3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK27
Item 4.CONTROLS AND PROCEDURES27
PART II - OTHER INFORMATION28
Item 1.LEGAL PROCEEDINGS28
Item 1A.RISK FACTORS28
Item 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS28
Item 3.DEFAULTS UPON SENIOR SECURITIES28
Item 4.MINE SAFETY DISCLOSURES28
Item 5.OTHER INFORMATION28
Item 6.EXHIBITS29
SIGNATURES30

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.