DAAQW

Digital Asset Acquisition Corp. warrants are derivative securities that give holders the right to purchase shares of the company's common stock at a specified exercise price. Each whole warrant entitles the holder to purchase one share of Class A common stock at the predetermined strike price, typically exercisable after the SPAC completes its business combination. Warrants generally have a five-year term from the completion of the merger and may be redeemed by the company under certain conditions. These warrants trade separately from the common stock and units.