other material
confidence high
sentiment neutral
materiality 0.40
DT Cloud Star holders approve SPAC deadline extension to Oct 2027; 787,135 shares redeemed
DT Cloud Star Acquisition Corp
- Shareholders approved extending the business combination period from October 26, 2026 to October 26, 2027, in up to 12 one-month increments at $0.033 per remaining public share each.
- 787,135 outstanding ordinary shares were tendered for redemption in connection with the Annual Meeting vote.
- Trust Amendment passed 2,765,072 for vs 1,124 against; the charter amendment passed 2,765,172 for vs 1,024 against, requiring 65% and two-thirds approval respectively.
- All five director nominees were elected: Sam Zheng Sun, Kenneth Lam, Shaoke Li, Longjiao Li and Chi Zhang, each with 2,766,196 votes for and 50 withheld.
- Elite CPA P.C. was ratified as independent auditor for fiscal 2026 (2,766,096 for, 0 against, 150 abstain); quorum was 2,766,246 of 3,653,409 shares, or 75.72%.