Digital Asset Acquisition Corp. (NASDAQ:DAAQW – Get Free Report) dropped 8.3% during trading on Monday . The company traded as low as $0.3669 and last traded at $0.3669. Approximately 2,101 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 36,667 shares. The stock had previously closed at $0.40.
Digital Asset Acquisition Stock Down 1.9%
The stock has a 50-day simple moving average of $0.41.
About Digital Asset Acquisition
We are a special purpose acquisition company incorporated on December 9, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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