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Form 8-K

sec.gov

8-K — Digital Asset Acquisition Corp.

Accession: 0001213900-26-083579

Filed: 2026-07-31

Period: 2026-07-30

CIK: 0002052162

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):

July 30, 2026

DIGITAL ASSET ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

Cayman Islands

001-42612

N/A

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

174 Nassau Street,

Suite 2100

Princeton, New Jersey 08542

(Address of principal executive offices, including

zip code)

Registrant’s telephone number, including

area code: (609) 924-0759

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant

DAAQU

The Nasdaq Stock Market LLC

Class A ordinary shares, par value $0.0001 per share

DAAQ

The Nasdaq Stock Market LLC

Redeemable warrants, each whole redeemable warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share

DAAQW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

Postponement of Extraordinary

General Meeting of Shareholders

On July 30, 2026, Digital

Asset Acquisition Corp. (“DAAQ”), a Cayman Islands exempted company, issued a press release (the “Press Release”)

announcing that its upcoming extraordinary general meeting of shareholders (the “Meeting”) to approve its proposed initial

business combination, which was initially scheduled for July 31, 2026, will be postponed to 10:00 a.m., Eastern Time on August 14, 2026.

At the Meeting, shareholders of DAAQ will be asked to vote on proposals to approve, among other things, DAAQ’s proposed initial

business combination (the “Business Combination”) with Old Glory Holding Company (“Old Glory Bank”), a Delaware

corporation.

As a result of this change,

the Meeting will now be held at 10:00 a.m., Eastern time, on August 14, 2026, at the office of Ashurst Perkins Coie US LLP located at

1155 Avenue of the Americas, New York, New York 10036 and virtually via a live webcast at https://vote.useefficiency.com/meetings/proxy/daaq.

The deadline for holders of DAAQ’s Class A ordinary shares issued in its initial public offering to submit their shares for redemption

in connection with the Business Combination was July 29, 2026.

The proposed resolutions to

be considered at the Meeting remain the same as that set out in the definitive proxy statement and other relevant documents that have

been mailed to shareholders of DAAQ as of the record date of July 7, 2026. DAAQ plans to continue to solicit proxies from shareholders

during the period prior to the Meeting. Only the holders of DAAQ’s ordinary shares as of the close of business on July 7, 2026,

the record date for the Meeting, are entitled to vote at the Meeting.

A copy of the Press Release

is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Additional Information

about the Business Combination and Where to Find It

The

Business Combination will be submitted to the shareholders of DAAQ for their consideration. DAAQ and Old Glory Bank have filed a registration

statement on Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”),

which included a proxy statement/prospectus and certain other related documents, which served as both the proxy statement to be distributed

to DAAQ’s shareholders in connection with DAAQ’s solicitation for proxies for the vote by DAAQ’s shareholders in connection

with the Business Combination and other matters to be described in the Registration Statement, as well as the prospectus relating to the

offer and sale of the securities to be issued (or deemed issued) to DAAQ’s securityholders and Old Glory Bank’s equityholders

in connection with the completion of the Business Combination. The Registration Statement was declared effective by the SEC on July 6,

2026, and DAAQ mailed the definitive proxy statement/prospectus relating to the Business Combination to its shareholders. The definitive

proxy statement/prospectus contains important information about the Business Combination and related matters. Securityholders of DAAQ

and Old Glory Bank may obtain a copy of the preliminary or definitive proxy statement/prospectus as well as other documents filed or that

will be filed by DAAQ with the SEC, without charge, at the SEC’s website located at www.sec.gov or by directing a written request

to DAAQ at 174 Nassau Street, Suite 2100, Princeton, New Jersey 08542.

Participants in

the Solicitation

DAAQ

and its directors and executive officers may be deemed participants in the solicitation of proxies from DAAQ’s shareholders in connection

with the Business Combination. More detailed information regarding those directors and executive officers and a description of their interests

in DAAQ is contained in DAAQ’s filings with the SEC, including the Registration Statement, each of which is available free of charge

at the SEC’s website at www.sec.gov.

Old

Glory Bank’s directors and executive officers may also be deemed to be participants in the solicitation of proxies from DAAQ’s

shareholders in connection with the Business Combination. A list of the names of such directors and executive officers and information

regarding their interests in the Business Combination are included in the Registration Statement.

1

Forward-Looking

Statements

This

Current Report includes certain statements that may constitute “forward-looking statements” within the meaning of Section

27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934,

as amended (the “Exchange Act”). Forward-looking statements include, but are not limited to, statements that refer to projections,

forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,”

“believe,” “continue,” “could,” “estimate,” “expect,” “intends,”

“may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,”

“seek,” “should,” “target,” “would” and similar expressions may identify forward-looking

statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include,

for example, statements about DAAQ’s or Old Glory Bank’s ability to effectuate the Business Combination; the benefits of the

Business Combination; the future financial performance of the combined company (which will be the go-forward public company following

the completion of the Business Combination) following the closing; and changes in Old Glory Bank’s strategy, future operations,

financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management. These forward-looking

statements are based upon estimates and assumptions that, while considered reasonable by DAAQ, Old Glory Bank and their respective management

teams, as the case may be, are inherently uncertain. These forward-looking statements are provided for illustrative purposes only and

are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement

of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many

actual events and circumstances are beyond the control of DAAQ and Old Glory Bank. Such forward-looking statements are subject to risks,

uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking

statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1)

changes in domestic and foreign business, market, financial, political conditions, and in applicable laws and regulations, (2) the occurrence

of any event, change or other circumstances that could give rise to the termination of the definitive agreements and any negotiations

with respect to the Business Combination; (3) the outcome of any legal proceedings that may be instituted against DAAQ, Old Glory Bank,

the combined company, or others; (4) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders

of DAAQ or Old Glory Bank for the Business Combination or to satisfy other conditions to closing; (5) changes to the proposed structure

of the Business Combination that may be required or appropriate as a result of applicable laws or regulations; (6) the ability to meet

stock exchange listing standards following the consummation of the Business Combination; (7) the risk that the Business Combination disrupts

current plans and operations of DAAQ or Old Glory Bank as a result of the announcement and consummation of the Business Combination; (8)

the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things: competition,

the ability of the combined company to grow and manage growth profitably, the ability of the combined company to build or maintain relationships

with customers and retain its management and key employees, the timing and amount of future capital expenditures and requirements for

additional capital, and the timing of future cash flow provided by operating activities, if any; (9) costs related to the Business Combination;

(10) the possibility that Old Glory Bank or the combined company may be adversely affected by other economic, business, political and/or

competitive factors; (11) estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and

purchase price and other adjustments; (12) the ability of DAAQ to enter into non-redemption agreements with unaffiliated third-party holders

of DAAQ’s Class A ordinary shares; and (12) other risks and uncertainties set forth in the section entitled “Risk Factors”

and “Cautionary Note Regarding Forward-Looking Statements” in DAAQ’s filings with the SEC, including the Registration

Statement, when available, and any periodic Exchange Act reports filed by DAAQ with the SEC such as its Annual Reports on Form 10-K, Quarterly

Reports on Form 10-Q, and Current Reports on Form 8-K.

You

should carefully consider the foregoing risk factors and the other risks and uncertainties which will be more fully described in the “Risk

Factors” section of the Registration Statement and other documents filed by DAAQ from time to time with the SEC. If any of these

risks materialize or DAAQ’s or Old Glory Bank’s assumptions prove incorrect, actual results could differ materially from the

results implied by these forward-looking statements. There may be additional risks that neither DAAQ nor Old Glory Bank presently knows

or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking

statements. In addition, forward-looking statements reflect DAAQ and Old Glory Bank’s expectations, plans, or forecasts of future

events and views as of the date of this Current Report. Nothing in this Current Report should be regarded as a representation by any person

that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking

statements will be achieved. These forward-looking statements speak only as of the date of this Current Report. DAAQ, Old Glory Bank,

and their respective representatives and affiliates specifically disclaim any obligation to, and do not intend to, update or revise these

forward-looking statements, whether as a result of new information, future events, or otherwise. Accordingly, these forward-looking statements

should not be relied upon as representing DAAQ’s, Old Glory Bank’s, or any of their respective representatives or affiliates’

assessments as of any date subsequent to the date of this Current Report, and therefore undue reliance should not be placed upon the forward-looking

statements. This Current Report contains preliminary information only, is subject to change at any time, and is not, and should not be

assumed to be, complete or constitute all of the information necessary to adequately make an informed decision regarding any potential

investment in connection with the Business Combination.

2

No Offer or Solicitation

This

Current Report and the exhibit hereto do not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange,

or a recommendation to purchase, any securities in any jurisdiction, or the solicitation of any proxy, vote, consent or approval in any

jurisdiction with respect to any securities or in connection with the Business Combination. There shall not be any offer, sale or exchange

of any securities of Old Glory Bank or DAAQ in any jurisdiction where, or to any person to whom, such offer, sale or exchange may be unlawful

under the laws of such jurisdiction prior to registration or qualification under the securities laws of any such jurisdiction. No offer

of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Number

Description

99.1

Press Release, dated July 30, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

3

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Dated: July 31, 2026

DIGITAL ASSET ACQUISITION CORP.

By:

/s/ Peter Ort

Name:

Peter Ort

Title:

Principal Executive Officer and Co-Chairman

4

EX-99.1 — PRESS RELEASE, DATED JULY 30, 2026

EX-99.1

Filename: ea029997201ex99-1.htm · Sequence: 2

Exhibit 99.1

Digital

Asset Acquisition Corp. Announces Postponement of Shareholder Meeting

PRINCETON,

NEW JERSEY, July 30, 2026 (GLOBE NEWSWIRE) -- Digital Asset Acquisition Corp. (Nasdaq: DAAQ) (the “Company”) announced

that its upcoming extraordinary general meeting of shareholders (the “Meeting”) to approve its proposed initial business

combination, which was initially scheduled for July 31, 2026, will be postponed to 10:00 a.m., Eastern Time on August 14, 2026. At the

Meeting, shareholders of DAAQ will be asked to vote on proposals to approve, among other things, DAAQ’s proposed initial business

combination (the “Business Combination”) with Old Glory Holding Company (“Old Glory Bank”), a Delaware corporation.

As a result

of this change, the Meeting will now be held at 10:00 a.m., Eastern time, on August 14, 2026, at the office of Ashurst Perkins Coie US

LLP located at 1155 Avenue of the Americas, New York, New York 10036 and virtually via a live webcast at https://vote.useefficiency.com/meetings/proxy/daaq.

The deadline for holders of DAAQ’s Class A ordinary shares issued in its initial public offering to submit their shares for redemption

in connection with the Business Combination was July 29, 2026.

The proposed

resolutions to be considered at the Meeting remain the same as that set out in the definitive proxy statement and other relevant documents

that have been mailed to shareholders of DAAQ as of the record date of July 7, 2026. DAAQ plans to continue to solicit proxies from shareholders

during the period prior to the Meeting. Only the holders of DAAQ’s ordinary shares as of the close of business on July 7, 2026,

the record date for the Meeting, are entitled to vote at the Meeting.

About

Digital Asset Acquisition Corp.

Digital

Asset Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition,

share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business

combination in any industry, sector or geographic region, it intends to target opportunities and companies that are in the digital asset

and cryptocurrency sectors.

Additional Information about the Business

Combination and Where to Find It

The Business Combination will be submitted to

the shareholders of DAAQ for their consideration. DAAQ and Old Glory Bank have filed a registration statement on Form S-4 (the “Registration

Statement”) with the Securities and Exchange Commission (the “SEC”), which included a proxy statement/prospectus and

certain other related documents, which served as both the proxy statement to be distributed to DAAQ’s shareholders in connection

with DAAQ’s solicitation for proxies for the vote by DAAQ’s shareholders in connection with the Business Combination and other

matters to be described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities to be

issued (or deemed issued) to DAAQ’s securityholders and Old Glory Bank’s equityholders in connection with the completion of

the Business Combination. The Registration Statement was declared effective by the SEC on July 6, 2026, and DAAQ mailed the definitive

proxy statement/prospectus relating to the Business Combination to its shareholders. The definitive proxy statement/prospectus contains

important information about the Business Combination and related matters. Securityholders of DAAQ and Old Glory Bank may obtain a copy

of the preliminary or definitive proxy statement/prospectus as well as other documents filed or that will be filed by DAAQ with the SEC,

without charge, at the SEC’s website located at www.sec.gov or by directing a written request to DAAQ at 174 Nassau Street, Suite

2100, Princeton, New Jersey 08542.

Participants in the Solicitation

DAAQ and its directors and executive officers

may be deemed participants in the solicitation of proxies from DAAQ’s shareholders in connection with the Business Combination.

More detailed information regarding those directors and executive officers and a description of their interests in DAAQ is contained in

DAAQ’s filings with the SEC, including the Registration Statement, each of which is available free of charge at the SEC’s

website at www.sec.gov.

Old Glory Bank’s directors and executive

officers may also be deemed to be participants in the solicitation of proxies from DAAQ’s shareholders in connection with the Business

Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination

are included in the Registration Statement.

Forward-Looking

Statements

This press

release (“Press Release”) includes certain statements that may constitute “forward-looking statements” within

the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities

Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include, but are not limited to, statements

that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions.

The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”

“intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,”

“project,” “seek,” “should,” “target,” “would” and similar expressions may

identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking

statements may include, for example, statements about DAAQ’s or Old Glory Bank’s ability to effectuate the Business Combination;

the benefits of the Business Combination; the future financial performance of the combined company (which will be the go-forward public

company following the completion of the Business Combination) following the closing; and changes in Old Glory Bank’s strategy, future

operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management. These forward-looking

statements are based upon estimates and assumptions that, while considered reasonable by DAAQ, Old Glory Bank and their respective management

teams, as the case may be, are inherently uncertain. These forward-looking statements are provided for illustrative purposes only and

are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction, or a definitive statement

of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many

actual events and circumstances are beyond the control of DAAQ and Old Glory Bank. Such forward-looking statements are subject to risks,

uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking

statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1)

changes in domestic and foreign business, market, financial, political conditions, and in applicable laws and regulations, (2) the occurrence

of any event, change or other circumstances that could give rise to the termination of the definitive agreements and any negotiations

with respect to the Business Combination; (3) the outcome of any legal proceedings that may be instituted against DAAQ, Old Glory Bank,

the combined company, or others; (4) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders

of DAAQ or Old Glory Bank for the Business Combination or to satisfy other conditions to closing; (5) changes to the proposed structure

of the Business Combination that may be required or appropriate as a result of applicable laws or regulations; (6) the ability to meet

stock exchange listing standards following the consummation of the Business Combination; (7) the risk that the Business Combination disrupts

current plans and operations of DAAQ or Old Glory Bank as a result of the announcement and consummation of the Business Combination; (8)

the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things: competition,

the ability of the combined company to grow and manage growth profitably, the ability of the combined company to build or maintain relationships

with customers and retain its management and key employees, the timing and amount of future capital expenditures and requirements for

additional capital, and the timing of future cash flow provided by operating activities, if any; (9) costs related to the Business Combination;

(10) the possibility that Old Glory Bank or the combined company may be adversely affected by other economic, business, political and/or

competitive factors; (11) estimates of expenses and profitability and underlying assumptions with respect to shareholder redemptions and

purchase price and other adjustments; (12) the ability of DAAQ to enter into non-redemption agreements with unaffiliated third-party holders

of DAAQ’s Class A ordinary shares; and (12) other risks and uncertainties set forth in the section entitled “Risk Factors”

and “Cautionary Note Regarding Forward-Looking Statements” in DAAQ’s filings with the SEC, including the Registration

Statement, when available, and any periodic Exchange Act reports filed by DAAQ with the SEC such as its Annual Reports on Form 10-K, Quarterly

Reports on Form 10-Q, and Current Reports on Form 8-K.

You should

carefully consider the foregoing risk factors and the other risks and uncertainties which will be more fully described in the “Risk

Factors” section of the Registration Statement and other documents filed by DAAQ from time to time with the SEC. If any of these

risks materialize or DAAQ’s or Old Glory Bank’s assumptions prove incorrect, actual results could differ materially from the

results implied by these forward-looking statements. There may be additional risks that neither DAAQ nor Old Glory Bank presently knows

or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking

statements. In addition, forward-looking statements reflect DAAQ and Old Glory Bank’s expectations, plans, or forecasts of future

events and views as of the date of this Press Release. Nothing in this Press Release should be regarded as a representation by any person

that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking

statements will be achieved. These forward-looking statements speak only as of the date of this Press Release. DAAQ, Old Glory Bank, and

their respective representatives and affiliates specifically disclaim any obligation to, and do not intend to, update or revise these

forward-looking statements, whether as a result of new information, future events, or otherwise. Accordingly, these forward-looking statements

should not be relied upon as representing DAAQ’s, Old Glory Bank’s, or any of their respective representatives or affiliates’

assessments as of any date subsequent to the date of this Press Release, and therefore undue reliance should not be placed upon the forward-looking

statements. This Press Release contains preliminary information only, is subject to change at any time, and is not, and should not be

assumed to be, complete or constitute all of the information necessary to adequately make an informed decision regarding any potential

investment in connection with the Business Combination.

No Offer or Solicitation

This Press Release does not constitute an offer

to sell or exchange, or a solicitation of an offer to buy or exchange, or a recommendation to purchase, any securities in any jurisdiction,

or the solicitation of any proxy, vote, consent or approval in any jurisdiction with respect to any securities or in connection with the

Business Combination. There shall not be any offer, sale or exchange of any securities of Old Glory Bank or DAAQ in any jurisdiction where,

or to any person to whom, such offer, sale or exchange may be unlawful under the laws of such jurisdiction prior to registration or qualification

under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements

of the Securities Act or an exemption therefrom.

Contact

Peter Ort

Principal Executive Officer and

Co-Chairman

Digital Asset Acquisition Corp.

pete@curaleaassociates.com

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Code for the postal or zip code

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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Indicate if registrant meets the emerging growth company criteria.

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Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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