Sichenzia Ross Ference Carmel LLP Represents A.G.P./Alliance Global Partners in the $69 Million Initial Public Offering of DT Cloud Star Acquisition Corporation
Press Release – New York, NY – August 2, 2024 – Sichenzia Ross Ference Carmel LLP announced today that it represented A.G.P. / Alliance Global Partners in the $69 million initial public offering, including full exercise of Underwriter’s Over-Allotment Option, of DT Cloud Star Acquisition Corporation, a blank check company. The offering consisted of 6,900,000 units at a price of $10.00 per unit. This includes the exercise in full by the underwriters’ over-allotment option to purchase up to an additional 900,000 units. Each unit consists of one ordinary share and one right to receive one-ninth (1/9) of one ordinary share upon the consummation of an initial business combination. The IPO closed on July 26, 2024. The units are listed on The Nasdaq Global Market (“Nasdaq”) and began trading under the ticker symbol “DTSQU” on July 25, 2024. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on Nasdaq under the symbols “DTSQ” and “DTSQR,” respectively.
The Sichenzia Ross Ference Carmel LLP team was led by partners Huan Lou, David Manno, and associates Martryn Mak and Ronghong Dai.