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Stock impact report

DT Cloud Star Acquisition Corporation Announces Closing of $69 Million Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option

DT Cloud Star Acquisition Corporation - Units (DTSQU) 
Company Research Source: GlobeNewswire
New York, New York, July 26, 2024 (GLOBE NEWSWIRE) -- DT Cloud Star Acquisition Corporation (Nasdaq: DTSQU, the “Company”), a newly organized blank check company incorporated in the Cayman Islands as a business company, today announced the closing of its previously announced initial public offering (“IPO”) of 6,900,000 units at an offering price of $10.00 per unit. This includes the exercise in full by the underwriters’ over-allotment option to purchase up to an additional 900,000 units. The units are listed on The Nasdaq Global Market (“Nasdaq”) and began trading under the ticker symbol “DTSQU” on July 25, 2024. Each unit consists of one ordinary share and one right to receive one-ninth (1/9) of one ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on Nasdaq under the symbols “DTSQ” and “DTSQR,” respectively. A.G.P./Alliance Global P Show less Read more
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