DT Cloud Acquisition Corporation Announces Change of Extraordinary General Meeting Date
19 February 2025 - 11:30PM
DT Cloud Acquisition Corporation (Nasdaq: DYCQU, DYCQ, DYCQR) (“DT
Cloud” or the “SPAC”), a publicly-traded special purpose
acquisition company, today announced that its Extraordinary General
Meeting (“EGM”), previously scheduled at 10:00 a.m. Eastern Time on
February 18, 2025, has been postponed to 10:00 a.m. Eastern Time on
February 21, 2025, and the redemption right deadline has been
postponed to 5:00 p.m. Eastern Time on February 19, 2025.
The Company filed a proxy supplement on February
14, 2025, as further amended on February 19, 2025, to increase the
amended monthly extension fee, as proposed in the Proposal 1 to the
EGM, to $0.022 for each outstanding Public Share. The proxy
materials can be accessed on the SEC’s website at
http://www.sec.gov.
About DT Cloud Acquisition
Corporation
DT Cloud is a blank check company formed for the
purpose of effecting a merger, share exchange, asset acquisition,
stock purchase, reorganization or other similar business
combination with one or more businesses. While DT Cloud may pursue
an initial business combination target in any business or industry,
it intends to focus its search on industries that complement its
management team’s background. DT Cloud is led by Shaoke Li, its
Chief Executive Officer, and Guojian Chen, its Chief Financial
Officer.
Forward-looking Statements
This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended and the Private Securities Litigation Reform
Act of 1995. Forward looking statements are statements that are not
historical facts. Such forward-looking statements are subject to
risks and uncertainties, which could cause actual results to differ
from the forward-looking statements. The Company expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in the Company’s expectations with
respect thereto or any change in events, conditions or
circumstances on which any statement is based.
Additional Information and Where to Find
It
On January 27, 2025, the Company filed a
definitive proxy statement with the Securities and Exchange
Commission (the “SEC”) in connection with its solicitation of
proxies for the EGM. The Company filed additional proxy supplements
with the SEC on February 4, 14 and 19, 2025. BEFORE MAKING ANY
VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE
URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY
AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY
FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME
AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and
security holders will be able to obtain free copies of the
definitive proxy statement (including any amendments or supplements
thereto) and other documents filed or that will be filed with the
SEC through the web site maintained by the SEC
at www.sec.gov.
Participants in the
Solicitation
The Company and its directors, executive
officers, other members of management and employees, under SEC
rules, may be deemed to be participants in the solicitation of
proxies from the shareholders of the Company in connection with the
Meeting. Investors and shareholders may obtain more detailed
information regarding the names, affiliations and interests of the
Company’s directors and officers in the Proxy Statement, which may
be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This press release shall not constitute a
solicitation of a proxy, consent or authorization with respect to
any securities or in respect of the EGM proposals. This
communication shall also not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any states or jurisdictions in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction. No offering of securities shall be made except by
means of a prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended, or an exemption
therefrom.
Contact:
For investors:
DT Cloud Acquisition CorporationShaoke LiChief
Executive Officer30 Orange StreetLondonUnited Kingdom, WC2H
7HFEmail: jack.li@dtcloudspac.com
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