DSAC · Daedalus Special Acquisition Corp.
Substantial doubt about the company's ability to continue as a going concern.
“Based on the foregoing, these factors, among others, raise substantial doubt about the Company's ability to continue as a going concern one year from the date these financial statements are issued.”View the 10-Q filed May 12, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-23 | Babayigit Husnu Akin |
Director, Co-Chief Executive Officer, 10% Owner |
Other↑
Filing footnotes — Class B ordinary shares (Indirect)
The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date. Consists of shares owned by Daedalus Special Acquisition LLC (the "sponsor"). 291,667 Class B ordinary shares were forfeited to the Issuer in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters. Husnu Akin Babayigit is a manager of the sponsor and has shared voting and dispositive power over the shares owned by the sponsor. Husnu Akin Babayigit disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Class B ordinary shares
(I)
|
291,667 |
| 2026-01-23 | Daedalus Special Acquisition LLC |
10% Owner |
Other↑
Filing footnotes — Class B ordinary shares (Direct)
The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date. Daedalus Special Acquisition LLC, the Issuer's sponsor. purchased 8,625,000 Class B ordinary for $25,000. 291,667 Class B ordinary shares were forfeited to the Issuer in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters. |
Class B ordinary shares
|
291,667 |
| 2026-01-23 | Kilic Orkun |
Director, Co-Chief Executive Officer, 10% Owner |
Other↑
Filing footnotes — Class B ordinary shares (Indirect)
The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date. Consists of shares owned by Daedalus Special Acquisition LLC (the "sponsor"). 291,667 Class B ordinary shares were forfeited to the Issuer in connection with the partial exercise of the over-allotment option by BTIG, LLC, the representative for the underwriters. Orkun Kilic is a manager of the sponsor and has shared voting and dispositive power over the shares owned by the sponsor. Mr. Kilic disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Class B ordinary shares
(I)
|
291,667 |
| 2025-12-10 | Kilic Orkun |
Director, Co-Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary shares (Indirect)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,350,000. Orkun Kilic is the co-manager of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Kilic disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. The warrants included in the private units will become exercisable 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |
Warrants to purchase Class A ordinary shares
(I)
|
108,750 |
| 2025-12-10 | Babayigit Husnu Akin |
Director, Co-Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Indirect)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $ 4,350,000. Husnu Akin Babayigit is the co-manager of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Babayigit disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. |
Class A Ordinary Shares
(I)
|
435,000 |
| 2025-12-10 | Daedalus Special Acquisition LLC |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Direct)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,350,000. |
Class A Ordinary Shares
|
435,000 |
| 2025-12-10 | Kilic Orkun |
Director, Co-Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Indirect)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,350,000. Orkun Kilic is the co-manager of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Kilic disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. |
Class A Ordinary Shares
(I)
|
435,000 |
| 2025-12-10 | Daedalus Special Acquisition LLC |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary shares (Direct)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,350,000. The warrants included in the private units will become exercisable 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |
Warrants to purchase Class A ordinary shares
|
108,750 |
| 2025-12-10 | Babayigit Husnu Akin |
Director, Co-Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A ordinary shares (Indirect)
Reflects the 435,000 private units owned by Daedalus Special Acquisition LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $ 4,350,000. Husnu Akin Babayigit is the co-manager of the sponsor and has voting and dispositive power over the securities held of record by the sponsor. Mr. Babayigit disclaims any beneficial ownership of the securities held by the sponsor, except to the extent of his pecuniary interest therein. The warrants included in the private units will become exercisable 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |
Warrants to purchase Class A ordinary shares
(I)
|
108,750 |
| 2025-12-08 | Schwartz Debra |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-12-08 | Karadia Nimika |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2025-12-08 | Yucaoglu Bedii Can |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-12-08 | Ryan Sean Davey |
Director |
Other↑
|
No Securities Owned
|
0 |