Digital Asset Acquisition Corp. (NASDAQ: DAAQ) has postponed its extraordinary general meeting of shareholders, originally scheduled for July 31, 2026, to 10:00 a.m., Eastern Time on August 14, 2026. The meeting is critical for shareholders to vote on the proposed initial business combination with Old Glory Holding Company ("Old Glory Bank"), a Delaware corporation. This delay impacts the timeline for finalizing the merger but does not alter the redemption deadline for Class A ordinary shares issued in the initial public offering, which was July 29, 2026.

The postponed meeting will be held at the office of Ashurst Perkins Coie US LLP at 1155 Avenue of the Americas, New York, New York 10036, and virtually via live webcast. The resolutions to be considered remain unchanged from those detailed in the definitive proxy statement and other relevant documents mailed to shareholders as of the record date of July 7, 2026. Only holders of ordinary shares as of the close of business on July 7, 2026, are entitled to vote. Digital Asset Acquisition Corp. plans to continue soliciting proxies from shareholders during the period prior to the meeting.

Key Dates and Details

The proposed business combination involves a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction. Digital Asset Acquisition Corp., a blank check company formed to target opportunities in the digital asset and cryptocurrency sectors, and Old Glory Bank have filed a registration statement on Form S-4 with the Securities and Exchange Commission (SEC). The SEC declared this registration statement effective on July 6, 2026. The definitive proxy statement/prospectus serves as both the proxy statement for soliciting votes and the prospectus relating to the offer and sale of securities to be issued in connection with the completion of the business combination.

Regulatory Filings and Participants

DAAQ and its directors and executive officers may be deemed participants in the solicitation of proxies from shareholders in connection with the business combination. Detailed information regarding these individuals and their interests in DAAQ is contained in the company’s filings with the SEC, including the Registration Statement. Similarly, Old Glory Bank’s directors and executive officers may also be deemed participants in the solicitation. A list of their names and information regarding their interests in the business combination are included in the Registration Statement.

Securityholders of Digital Asset Acquisition Corp. and Old Glory Bank may obtain copies of the preliminary or definitive proxy statement/prospectus and other documents filed with the SEC without charge at www.sec.gov or by directing a written request to DAAQ at 174 Nassau Street, Suite 2100, Princeton, New Jersey 08542. The press release includes forward-looking statements regarding the ability to effectuate the business combination, future financial performance, and other uncertainties. These statements are subject to risks that could cause actual results to differ materially from those expressed or implied.