Digital Asset Acquisition ^{Filed Terms, Nasdaq: DAAQU}

We are a blank check company incorporated as a Cayman Islands exempted company and incorporated 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 may pursue an initial business combination in any business or industry but expect to target opportunities and companies that are in the digital asset and cryptocurrency sectors. Our expertise lends itself well to pursuing platforms related to the digital asset, real estate, and related technology infrastructure sectors, but we are not required to complete our initial business combination with a business in these industries and, as a result, we may pursue a business combination outside of these industries. We expect to pursue global businesses but may also acquire a domestic company. We do not intend to acquire companies that are excessively leveraged. We will seek to capitalize on the significant experience and contacts of Peter Ort, our Co-Chairman and Principal Executive Officer, along with Jeff Tuder, our Co-Chairman and Chief Financial Officer, our directors and affiliates of our sponsor, to identify, evaluate, acquire and operate a target business. Members of our board of directors, management team and affiliates of our sponsor have also served as executive officers, directors and/or advisors of Concord Acquisition Corp, Concord Acquisition Corp II, and Concord Acquisition Corp III.