Director Xunyong Zhou resigns from DT Cloud Star (NASDAQ: DTSQ) board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
DT Cloud Star Acquisition Corporation reported that on April 7, 2026, director Dr. Xunyong Zhou resigned from the board. The company stated that Dr. Zhou’s resignation was not due to any disagreement with the company, its Board of Directors, or any board committee.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Ordinary share par value: $0.0001 per share
Right conversion ratio: 1/9 of one Ordinary Share per Right
Resignation date: April 7, 2026
3 metrics
Ordinary share par value
$0.0001 per share
Par value of each Ordinary Share listed on Nasdaq
Right conversion ratio
1/9 of one Ordinary Share per Right
Each Right entitles holder to fraction of an Ordinary Share
Resignation date
April 7, 2026
Date director Dr. Xunyong Zhou resigned from the board
Key Terms
Ordinary Share, Rights, Emerging growth company, Board of Directors, +1 more
5 terms
Rights financial
"Rights, each entitling the holder to receive one-ninth (1/9) of one Ordinary Share"
Rights are special privileges that give existing shareholders the opportunity to buy additional shares of a company's stock before they are offered to the public. They help investors maintain their ownership percentage and can be seen as a way to protect their investment stake. Think of rights like a VIP pass allowing current investors to purchase new shares first, ensuring they can preserve their influence in the company.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Board of Directors regulatory
"between him and the Company, the Board of Directors, or any committee of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Principal Executive Offices regulatory
"(Address of Principal Executive Offices)"
FAQ
What did DT Cloud Star Acquisition Corporation (DTSQ) disclose in this 8-K?
DT Cloud Star Acquisition Corporation disclosed that director Dr. Xunyong Zhou resigned on April 7, 2026. The company stated his resignation was not due to any disagreement with the company, its Board of Directors, or any committee of the board.
When did DTSQ director Dr. Xunyong Zhou resign from the board?
Dr. Xunyong Zhou resigned from the board of DT Cloud Star Acquisition Corporation on April 7, 2026. This date marks the effective resignation from his role as director as reported in the company’s current report filing.
Did Dr. Xunyong Zhou cite any disagreement with DTSQ in his resignation?
No. The company stated that Dr. Xunyong Zhou’s resignation was not the result of any disagreement with DT Cloud Star Acquisition Corporation, its Board of Directors, or any board committee on any matter, according to the disclosure language provided.
What securities of DT Cloud Star Acquisition Corporation are listed on Nasdaq?
DT Cloud Star Acquisition Corporation lists Units (ticker DTSQU), Ordinary Shares (ticker DTSQ), and Rights (ticker DTSQR) on The Nasdaq Stock Market LLC, according to the trading symbol table provided in the disclosure.
What does each DTSQ unit and right represent for investors?
Each Unit consists of one Ordinary Share with $0.0001 par value and one Right. Each Right entitles its holder to receive one-ninth (1/9) of one Ordinary Share, as specified in the company’s securities description.
Where is DT Cloud Star Acquisition Corporation headquartered?
DT Cloud Star Acquisition Corporation lists its principal executive offices at Office 51, 10 Fl, 31 Hudson Yards, New York, NY 10001. The disclosure also provides a registrant telephone contact number of (718) 865-2000 for the company.