0001213900-25-034599 Sample Contracts

INVESTMENT MANAGEMENT TRUST AGREEMENT
Investment Management Trust Agreement • April 23rd, 2025 • Digital Asset Acquisition Corp. • Blank checks

This Investment Management Trust Agreement (this “Agreement”) is made effective as of [●], 2025 by and between Digital Asset Acquisition Corp., a Cayman Islands exempted company (the “Company”), and Lucky Lucko, Inc. d/b/a Efficiency, a Delaware corporation (the “Trustee”).

Digital Asset Acquisition Corp. Princeton, New Jersey 08542 Re: Initial Public Offering Ladies and Gentlemen:
Underwriting Agreement • April 23rd, 2025 • Digital Asset Acquisition Corp. • Blank checks

This letter (this “Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and among Digital Asset Acquisition Corp., a Cayman Islands exempted company (the “Company”), and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, as representative (the “Representative”) of the several underwriters (each, an “Underwriter” and collectively, the “Underwriters”), relating to an underwritten initial public offering (the “Public Offering”), of up to 17,250,000 of the Company’s units (including up to 2,250,000 units that may be purchased to cover over-allotments, if any) (the “Units”), each comprised of one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-half of one redeemable warrant. Each whole warrant (each a “Warrant”) entitles the holder thereof to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to