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DT Cloud Acquisition Corp. ( (DYCQ) ) has issued an update.
On May 21, 2025, DT Cloud Acquisition Corp., a Special Purpose Acquisition Company (SPAC), entered into Voting Agreements with certain shareholders and Maius Pharmaceutical Co., Ltd., the target company of a planned business combination. The agreements outline that shareholders redeeming 75% of their shares will receive additional SPAC rights for the remaining shares, which will convert into shares of the surviving entity, Pubco, upon the business combination’s completion. This move is part of a strategic effort to facilitate the business combination and enhance shareholder value.
More about DT Cloud Acquisition Corp.
Average Trading Volume: 8,367
Technical Sentiment Signal: Strong Buy
For detailed information about DYCQ stock, go to TipRanks’ Stock Analysis page.