Digital Asset Acquisition Corp. Postpones Vote on Business Combination with Old Glory Bank

What Happened

• Digital Asset Acquisition Corp. (DAAQ) announced on July 30, 2026 that its extraordinary general meeting to approve the proposed initial business combination with Old Glory Holding Company (Old Glory Bank) has been postponed from July 31, 2026 to 10:00 a.m. ET on August 14, 2026. The meeting will be held in person at Ashurst Perkins Coie US LLP (1155 Avenue of the Americas, New York, NY) and virtually via live webcast.
• DAAQ and Old Glory Bank previously filed a Form S-4 registration statement (declared effective July 6, 2026) and DAAQ mailed the definitive proxy statement/prospectus to shareholders.

Key Details

• New meeting date/time: August 14, 2026 at 10:00 a.m. Eastern Time (in-person and webcast).
• Record date for voting: close of business on July 7, 2026 — only shareholders of record on that date may vote.
• Redemption deadline for DAAQ Class A ordinary shares: July 29, 2026 (holders who missed this date cannot submit shares for redemption).
• DAAQ will continue to solicit proxies through the extended solicitation period; the proposed resolutions remain as described in the mailed definitive proxy statement/prospectus.

Why It Matters

• The postponement delays the shareholder vote on the proposed merger (business combination) with Old Glory Bank and extends the period for proxy solicitation, which can affect the transaction timeline.
• Important investor actions: shareholders should review the definitive proxy statement/prospectus (filed as part of the S-4) and DAAQ’s SEC filings for details and risk factors; note that only holders of record as of July 7 can vote and the redemption window already closed on July 29.