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Digital Asset Acquisition to buy Titan Strategics in $250M deal

Digital Asset Acquisition said it will acquire Titan Strategics in a definitive $250 million all-stock business combination, issuing 25,000,000 shares at $10 and supported by a $15 million PIPE at $10 per share, with planned rebranding after domestication to Delaware.

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Digital Asset Acquisition said it has entered into a definitive $250 million all-stock Business Combination to acquire Titan Strategics, with 25,000,000 common shares to be issued at $10. The company said the transaction includes a $15 million PIPE at $10 per share and that it will be renamed Renaissance Nuclear after domestication to Delaware.