(Incorporated in the Cayman Islands)

We intend to focus our search for acquisitions on the digital asset and cryptocurrency sectors. Digital assets include assets that are digitally represented on the blockchain such as tokens, non-fungible tokens (“NFTs”) and cryptocurrencies.

Peter Ort is our co-chairman and principal executive. He is a general partner at Cambium Capital Management LP, a venture capital firm focused on early-stage investments in the advanced computing sector.

Jeff Tuder is our co-chairman and CFO. Mr. Tuder founded Tremson Capital Management, LLC to invest in undervalued public equities and to make private equity and credit investments in partnership with a number of family offices.

Members of our board of directors, management team and affiliates of our sponsor have also served as executive officers, directors and/or advisors of three blank check or special-purpose acquisition companies (SPACs):

– Concord Acquisition Corp (“Concord I”), which raised $276 million in its IPO in December 2020. In December 2022, Concord I redeemed all outstanding shares of Class A common stock because it was not able to consummate its initial business combination within the time period set forth in its charter.

-Concord Acquisition Corp. II, which raised $250 million in its IPO in September 2021. Concord II is in the process of completing its initial business combination with Events.com.

-Concord Acquisition Corp. III, which raised $345 million in its IPO in November 2021. In March 2024, Concord III completed its initial business combination with GCT Semiconductor, Inc., which trades under the stock symbol “GCTS” on the New York Stock Exchange, while the warrants are traded on the NYSE under the symbol “GCTS WS,” according to the prospectus.

Note: Both Peter Ort and Jeff Tuder are involved with another SPAC deal – Real Asset Acquisition Corp. (RAAQU Proposed), which filed its S-1 for a $150 million SPAC IPO on Feb. 7, 2025, the same day of Digital Asset Acquisition Corp.’s S-1 filing. Real Asset Acquisition Corp. intends to focus its search for an acquisition target on the mining, metals and real assets industries.

(Note: Digital Asset Acquisition Corp. filed its S-1 for its SPAC IPO on Feb. 7, 2025, and disclosed the terms: 15.0 million units at $10.00 each to raise $150.0 million. Each unit consists of one ordinary share and one-half of one redeemable warrant. )