January 23, 2026 · Form 4 insider transaction
Daedalus Special Acquisition LLC bought 291,667 shares of DSAC, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
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.