NEW YORK (April 30, 2025) - Perkins Coie announced today that it has advised Digital Asset Acquisition Corporation and Real Asset Acquisition Corporation, two special purpose acquisition companies with common sponsor teams, on their initial public offerings (IPOs) which raised a combined $345 million. For more information, please see the press releases here and here.
Digital Asset Acquisition Corporation will focus its search for a business combination partner on the digital asset and cryptocurrency sectors. Real Asset Acquisition Corporation will focus its search for a business combination partner on quantum computing, metals, mining, rare earths, and infrastructure sectors. On April 29, 2025, Digital Asset Acquisition Corporation's units were listed on Nasdaq under the ticker symbol “DAAQU” and Real Asset Acquisition Corporation’s units were listed on Nasdaq under the ticker symbol “RAAQU.”
The Perkins Coie advisory team was led by partner Elliott Smith and included counsels Sarah Ross and Jordan Leon and associate Danielle Buckles.
