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Digital Asset Acquisition FY26 Q2 net income rises 30.7% to $1.35 million
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Digital Asset Acquisition FY26 Q2 net income rises 30.7% to $1.35 million
  • Digital Asset Acquisition posted net income of $1.35 million for the quarter ended June 30, 2026, up 30.69% year over year.
  • Investment earnings on marketable securities rose to $1.51 million in the trust account, lifting total investment earnings to $1.52 million.
  • General and administrative costs climbed to $174,058, reflecting higher post-IPO operating expenses and business-combination due diligence.
  • The SPAC is pursuing a merger with Old Glory Bank; shareholders vote Aug. 14, with redemption value about $10.44 per share as of June 30.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Asset Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-084726), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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