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Dt Cloud Star Acquisition Corp - DTSQR STOCK NEWS

Welcome to our dedicated page for Dt Cloud Star Acquisition news (Ticker: DTSQR), a resource for investors and traders seeking the latest updates and insights on Dt Cloud Star Acquisition stock.

DT Cloud Star Acquisition Corp (DTSQR) is a special purpose acquisition company focused on identifying innovative cloud-based businesses for strategic mergers. This news hub provides investors and market observers with timely updates about the company's acquisition progress, leadership decisions, and market positioning.

Access official press releases and curated analysis covering key developments including merger announcements, regulatory filings, and strategic partnership updates. Our repository ensures you stay informed about DTSQR's activities in the competitive SPAC landscape without speculative commentary.

Key resources include:

- Verified updates on potential acquisition targets
- Financial disclosures and SEC filings
- Executive team announcements
- Sector-specific analysis of cloud technology markets

Bookmark this page for direct access to primary source materials about DTSQR's progress in executing its blank-check company mandate. Check regularly for unfiltered information about this SPAC's journey to identify and merge with high-potential technology enterprises.

Rhea-AI Summary

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.

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Rhea-AI Summary

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.

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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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4.89M
Blank Checks
United States
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