Deal facts
- Buyer
- Digital Asset Acquisition Corp.
- Target
- Old Glory Holding Company
- Deal value
- Not disclosed
- Announced
- 13 August 2026
- Status
- Abandoned
- Sector
- Not stated
- Country
- United States
- Consideration
- Not stated
Sources
Digital Asset Acquisition Corp has agreed to acquire Old Glory Holding Company in a transaction announced on 13 August 2026. The buyer is based in the United States, while the target company operates within the same country. This cross-border element is absent as both entities are domiciled in the US market. The financial terms remain undisclosed. Consequently, the consideration type and exact valuation metrics are not included in this summary.
The transaction has subsequently been abandoned by the parties involved. The final status reflects a termination of negotiations rather than a successful integration. This outcome suggests that potential synergies or strategic alignments were not sufficient to sustain the proposed acquisition through to completion. The absence of further updates implies that both companies have moved on from this specific corporate action without any public resolution or alternative arrangement being announced at this time.
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1 update- AbandonedClosed
Digital Asset Acquisition Corp. abandoned offer for Old Glory Holding Company
Item 1.01 Entry into a Material Definitive Agreement. On August 13, 2026, Old Glory Holding Company (“Old Glory”) and Digital Asset Acquisition Corp. (the “Company”) entered into a Mutual Termination and Release Agreement (the “Termination Agreement”), pursuant to which the parties mutually agreed to terminate the Business Combination Agreement, dated as of January 13, 2026 (as amended, the “Busin
Source
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Buyer history
Digital Asset Acquisition Corp.
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