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DT Cloud Star Acquisition Corp (DTSQ) provides investors with comprehensive news coverage of this blank check company's strategic developments. Track official press releases, merger announcements, and regulatory filings through this centralized resource.
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DT Cloud Star Acquisition (Nasdaq: DTSQU) has announced that starting September 16, 2024, holders of units from its initial public offering can begin separate trading of the underlying securities. Each unit comprises one ordinary share and one right to receive one-ninth of a share upon the company's initial business combination. The 6,900,000 units will continue trading on Nasdaq as 'DTSQU', while separated shares and rights will trade under 'DTSQ' and 'DTSQR' respectively. Unit holders must contact VStock Transfer to separate their units. The initial offering was underwritten by A.G.P./Alliance Global Partners, with the registration statement effective as of July 24, 2024.
DT Cloud Star Acquisition (Nasdaq: DTSQU) has successfully closed its initial public offering (IPO) of 6,900,000 units at $10.00 per unit, raising a total of $69 million. This includes the full exercise of the underwriters' over-allotment option for an additional 900,000 units. The units, which began trading on Nasdaq on July 25, 2024, consist of one ordinary share and one right to receive one-ninth of an ordinary share upon the consummation of an initial business combination.
A.G.P./Alliance Global Partners acted as the sole book-running manager for the offering. The company, a newly organized blank check company incorporated in the Cayman Islands, aims to pursue merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination opportunities.
DT Cloud Star Acquisition , a new blank check company in the Cayman Islands, announced the pricing of its initial public offering (IPO) at $60 million. The IPO consists of 6,000,000 units priced at $10.00 per unit. Each unit includes one ordinary share and one right to receive one-ninth of an ordinary share after an initial business combination. The units will trade on Nasdaq under the ticker DTSQU starting July 25, 2024. The expected IPO closing date is July 26, 2024. Following the IPO, the shares and rights will trade separately under the symbols DTSQ and DTSQR. A.G.P./Alliance Global Partners is managing the offering, with a 45-day option for underwriters to purchase an extra 900,000 units to cover over-allotments. Legal counsel includes Wilson Sonsini Goodrich & Rosati for the company and Sichenzia Ross Ference Carmel LLP for the underwriter.
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