DT Cloud Acquisition Corporation Announces Closing of $69 Million Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
DT Cloud Acquisition Corporation - Unit (DYCQU)
Company Research
Source: GlobeNewswire
New York, New York, Feb. 23, 2024 (GLOBE NEWSWIRE) -- DT Cloud Acquisition Corporation (NASDAQ: DYCQU, the “Company”) announced today that it closed its initial public offering (“IPO”) of 6,900,000 units at an offering price of $10.00 per unit. This includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 900,000 units. Each unit consists of one ordinary share and one right. Each seven rights entitle the holder thereof to receive one ordinary share at the closing of a business combination. The units are listed on The NASDAQ Global Market (“NASDAQ”) and began trading under the ticker symbol “DYCQU” on February 21, 2024. Once the securities comprising the units begin separate trading, the ordinary share and rights are expected to be listed on NASDAQ under the symbols “DYCQ” and “DYCQR,” respectively. Brookline Capital Markets, a division of Arcadia Securities, LLC is the sole book-running manager for the IPO. A reg
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Sec Filings
- 4/10/24 - Form 8-K
- 3/28/24 - Form 10-K
- 2/29/24 - Form 8-K
- DYCQU's page on the SEC website