DT Cloud Star Secures New Trading Opportunities for Shareholders

DT Cloud Star Acquisition Corporation Announces Unit Trading Update

DT Cloud Star Acquisition Corporation (NASDAQ: DTSQU) has exciting news for its shareholders. Starting Monday, holders of units from the company’s initial public offering, comprising 6,900,000 units, will be able to separately trade the underlying securities. Each of these units consists of one ordinary share, valued at $0.0001 per share, and a right to receive one-ninth of one ordinary share upon the completion of the company’s initial business combination.

Trading Details and New Securities

The separated shares and rights will now trade on the Nasdaq under the symbols “DTSQ” and “DTSQR,” respectively, while unsplit units will continue to trade under the symbol “DTSQU.” This provides shareholders with more flexibility and the ability to manage their investments more effectively.

How to Separate Units

For those looking to separate their units into shares and rights, it’s important to liaise with their securities brokers. They will need to contact VStock Transfer LLC, located in Woodmere. This process is straightforward, enabling shareholders to maximize the value of their investments seamlessly.

The Role of A.G.P./Alliance Global Partners

The Units were originally offered by the Company via an underwritten offering facilitated by A.G.P./Alliance Global Partners. This firm acted as the sole book runner, helping to manage the complexities of the offering. The registration statement associated with these units saw approval from the Securities and Exchange Commission (SEC), marking a significant milestone in the company’s expansion efforts.

A Glimpse at DT Cloud Star Acquisition Corporation

As a blank check company, DT Cloud Star Acquisition Corporation aims to engage in a merger, share exchange, or similar business combinations with various entities. The management team’s diverse backgrounds allow for a wide range of potential industries to target when exploring opportunities. With Bian Fan and Kenneth Lam at the helm, the company's vision is focused and clear.

Maximizing Business Potential

While the company remains open to many industries, initial efforts will focus on sectors that resonate with the executive team's expertise. This strategic choice positions DT Cloud Star well for future growth and synergy, helping to forge robust business partnerships that can drive value for shareholders.

Customer Support and Investor Engagement

Ensuring investor satisfaction is a key priority for DT Cloud Star Acquisition Corporation. The company welcomes inquiries and comments, providing investors direct access to their leadership team for any concerns or questions about the trading process or future initiatives.

Contact Information

Investors can reach out to the company directly through their Chief Executive Officer, Bian Fan, at their Brooklyn office. This open line of communication promotes transparency and strengthens the relationship between the company and its valued investors.

Frequently Asked Questions

What is the date for the unit separation?

The unit separation will commence on Monday, September 16, 2024.

What are the new symbols for the separated shares and rights?

The new trading symbols for the separated shares are “DTSQ” and “DTSQR” for the rights.

How can I separate my shares?

Investors should contact their securities brokers and have them reach out to VStock Transfer LLC for assistance with separating their shares.

Who managed the initial public offering?

A.G.P./Alliance Global Partners acted as the sole book runner for the initial public offering.

Who are the key management figures at DT Cloud Star?

Bian Fan serves as the Chief Executive Officer, while Kenneth Lam is the Chief Financial Officer of the company.

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