Datasea Approves Key Proposals at Annual Meeting

Datasea ( (DTSS) ) has shared an announcement.

On May 7, 2025, Datasea Inc., a Nevada corporation, held its annual meeting of stockholders. During the meeting, four key proposals were voted on and approved. These included the election of five directors, the ratification of the appointment of Paris Kreit & Chiu CPA LLP as the independent auditor for the fiscal year ending June 30, 2025, the approval of Amendment No. 4 to the 2018 Equity Incentive Plan, and the authorization to adjourn the meeting if necessary to solicit additional proxies. The approval of these proposals reflects the company’s ongoing governance and operational strategies.

Spark’s Take on DTSS Stock

According to Spark, TipRanks’ AI Analyst, DTSS is a Neutral.

Datasea’s overall score of 42 reflects substantial financial and operational challenges, with negative profitability and high leverage being primary concerns. Technical analysis shows some stability, but the negative valuation metrics further highlight financial struggles. Strategic improvements are necessary for long-term viability.

To see Spark’s full report on DTSS stock, click here.

More about Datasea

Average Trading Volume: 71,148

Technical Sentiment Signal: Sell

Current Market Cap: $16.37M

For detailed information about DTSS stock, go to TipRanks’ Stock Analysis page.