Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp., the SPAC in search of to mix with the mum or dad of regulated financial institution Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The authentic assembly date fell two days after the acknowledged July 29 redemption deadline….
