DT Cloud Postpones Extraordinary General Meeting
Deal News | May 20, 2025 | EIN

DT Cloud Acquisition Corporation, a publicly-traded Special Purpose Acquisition Company (SPAC), has announced a change in the date of its anticipated Extraordinary General Meeting (EGM). Originally scheduled for May 21, 2025, the meeting will now take place on May 23, 2025. The SPAC's shareholders retain the right to redemption until May 21, 2025. The EGM's record date remains set at April 30, 2025, with no modifications to the voting proposals. DT Cloud, led by CEO Shaoke Li and CFO Guojian Chen, aims to search for a potential business combination in sectors aligning with its management expertise. Investors and shareholders are advised to review the definitive proxy statement for detailed information regarding the meeting. Despite the change in the meeting date, the SPAC underscores that the announcement is not a solicitation for voting or an offering of securities.
Sectors
- Financial Services
- Regulatory Compliance
Geography
- United States – DT Cloud Acquisition Corporation is filing with the SEC, which is a United States-based regulatory body, indicating that its primary regulatory compliance is within the U.S.
- United Kingdom – The CEO of DT Cloud Acquisition Corporation is based in London, United Kingdom, which suggests operational or executive presence in the UK.
Industry
- Financial Services – DT Cloud Acquisition Corporation is a Special Purpose Acquisition Company (SPAC), which falls under the financial services sector, particularly focused on facilitating mergers and acquisitions.
- Regulatory Compliance – The article discusses proxy statements and compliance with Securities Act regulations, emphasizing the importance of regulatory compliance in SPAC and financial operations.
Financials
- – The article does not contain specific financial figures related to the deal or valuation of DT Cloud Acquisition Corporation.
Participants
Name | Role | Type | Description |
---|---|---|---|
DT Cloud Acquisition Corporation | Target Company | Company | A publicly-traded Special Purpose Acquisition Company (SPAC) focusing on mergers and acquisitions in industries complementing its management's expertise. |
Shaoke Li | Chief Executive Officer | Person | CEO of DT Cloud Acquisition Corporation, presumably involved in strategic decision-making and leadership of the SPAC. |
Guojian Chen | Chief Financial Officer | Person | CFO of DT Cloud Acquisition Corporation, responsible for overseeing financial operations and reporting. |
Securities and Exchange Commission | Regulatory Body | Government | U.S. regulatory agency with which DT Cloud filed its definitive proxy statement and additional supplements. |