DAAQ and Old Glory Holding Company executed a Mutual Termination and Release Agreement on August 13, 2026.
The agreement terminates the Business Combination Agreement dated January 13, 2026 in full, with no further liability or obligation on either party except for survival of Section 9.18.
All ancillary documents relating to the proposed transactions are automatically terminated concurrent with the BCA termination.
The extraordinary general meeting of shareholders originally scheduled for August 14, 2026 at 10:00 a.m. Eastern Time is indefinitely postponed.
The 8-K was filed under Items 1.01, 1.02, 8.01 and 9.01 with the termination agreement attached as Exhibit 10.1.
Pulse Impact
- Previous Pulse: 84
- New Pulse: 8
- Change: –76
- Driver: A material definitive agreement is a real beat. Pulse moved with the deal tape.
Digital Asset Acquisition Corp. Form 8-K (2026-08-13)
Not investment advice. Facts taken from the company’s Form 8-K.