DT Cloud Acquisition Corporation (NASDAQ: DYCQU), a Special Purpose Acquisition Company (SPAC), announced today it has cancelled its Extraordinary General Meeting (EGM) previously scheduled for February 21, 2025.
In an official statement, the company revealed that it has withdrawn all proposals initially set to be in consideration at the EGM. These proposals were mentioned in the definitive proxy statement issued by DT Cloud and filed with the U.S. Securities and Exchange Commission (SEC) on January 27, 2025, which was later amended and supplemented on February 4, 14, and 19, 2025.
DT Cloud Acquisition Corporation is a blank-check company organized for the purpose of carrying out a merger, share exchange, asset acquisition, stock purchase, restructuring, or similar business combination with one or more businesses. The company, led by CEO Shaoke Li and CFO Guojian Chen, primarily targets industries complementary to its management team’s backgrounds.
The press release detailing the cancellation included a warning about forward-looking statements. This disclaimer indicates that the press release may contain non-factual projections about future events, which are subject to unfolding circumstances that could lead to different outcomes.
This story will be updated as more information becomes available.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read DT Cloud Acquisition’s 8K filing here.
About DT Cloud Acquisition
DT Cloud Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses. The company was incorporated in 2022 and is based in London, the United Kingdom.
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