Old Glory Bank and Digital Asset Acquisition Corp. Announce Business Combination Agreement to Create a Texas Company Publicly Listed on Nasdaq
Digital Asset Acquisition Corp. - Class A Ordinary shares (DAAQ)
Company Research
Source: Business Wire
“We intend for Old Glory Bank to be the first chartered bank to fully integrate crypto into daily banking.” Michael Staw, Co-Founder and Chief Innovation Officer. ELMORE CITY, Okla.--(BUSINESS WIRE)--Old Glory Bank, serving customers in all 50 states with its pro-America online banking platform, and Digital Asset Acquisition Corporation (Nasdaq: DAAQ) (“DAAQ”), a special purpose acquisition company, today announced that DAAQ and Old Glory Bank’s Bank Holding Company have entered into a definitive business combination agreement to create OGB Financial Company, a Texas corporation to be listed on Nasdaq under the reserved ticker symbol “OGB.” The closing of the transaction is expected to occur at the end of the first quarter or early in the second quarter of 2026 and is subject to approval by the shareholders of the parties and other customary closing conditions, including regulatory approval.DAAQ currently has $176 million in its trust account, and Old Glory Bank’s pre-money valuati
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DAAQ
News
- Digital Asset Acquisition (NASDAQ:DAAQ) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Digital Asset Acquisition (NASDAQ:DAAQ) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Digital Asset Acquisition (NASDAQ:DAAQ) is now covered by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>. They set a "sell (e+)" rating on the stock.MarketBeat
- Digital Asset Acquisition (NASDAQ:DAAQ) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=DAAQ&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">WallMarketBeat
DAAQ
Sec Filings
- 1/16/26 - Form 425
- 1/16/26 - Form 425
- 1/14/26 - Form 8-K
- DAAQ's page on the SEC website