DT Cloud Star closes $69M SPAC IPO, including full over-allotment

DT Cloud Star Acquisition Corp

Priced 6.9M units at $10/unit; gross proceeds $69M (IPO $60M + over-allotment $9M).
Sponsor DT Cloud Star Management bought 206,900 Private Units at $10/unit for $2.069M.
Trust account funded with $69M from IPO and private placement proceeds.
Units trade on Nasdaq as DTSQU; shares and rights expected to trade separately as DTSQ and DTSQR.
New directors: Shaoke Li, Longjiao Li, and Chi Zhang appointed; audit/financial expert designated.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Shaoke Li

Director

DTSQ · DT Cloud Star Acquisition Corp

Effective: 2024-07-24
Filed: July 26, 2024, 7:59 PM ET

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

Appointed

Chi Zhang

Director

DTSQ · DT Cloud Star Acquisition Corp

Effective: 2024-07-24
Filed: July 26, 2024, 7:59 PM ET

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

Appointed

Longjiao Li

Director

DTSQ · DT Cloud Star Acquisition Corp

Effective: 2024-07-24
Filed: July 26, 2024, 7:59 PM ET

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Shaoke Li was appointed as Director at DT Cloud Star Acquisition Corp.

Action: became
Role: Director

Exact text from the filing

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Chi Zhang was appointed as Director at DT Cloud Star Acquisition Corp.

Action: became
Role: Director

Exact text from the filing

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Longjiao Li was appointed as Director at DT Cloud Star Acquisition Corp.

Action: became
Role: Director

Exact text from the filing

Effective on July 24, 2024, in connection with the effectiveness of the Registration Statement, Mr. Shaoke Li, Ms. Longjiao Li and Mr. Chi Zhang became directors of the Company.

View on SEC.gov

DT Cloud Star Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001493152-24-029252

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