other material
confidence high
sentiment negative
materiality 0.80
DT Cloud Star extends business combination deadline to Oct 2026; 5.3M shares redeemed
DT Cloud Star Acquisition Corp
- Shareholders approved extending business combination deadline to Oct 26, 2026, with monthly $75k deposits into trust.
- 5,297,491 shares (approx 59.5% of outstanding) were tendered for redemption.
- Company deposited initial $75k from sponsor promissory note to extend deadline one month to Nov 26, 2025.
- Sponsor issued $75k unsecured promissory note, convertible into units at $10/unit, maturing upon business combination.