Market Movers (8-K)
See all →Nasdaq denied DT Cloud Acquisition’s continued listing request, setting a potential trading suspension for November 21, 2025 unless the company appeals.
Worse than expected
DT Cloud Acquisition Corporation entered a private placement for its business combination with Maius Pharmaceutical, while simultaneously receiving a Nasdaq deficiency notice for low market value of publicly held shares.
Worse than expected
Capital raise
DT Cloud Acquisition Corporation received Nasdaq delisting notices for low market value and public shares, while shareholders approved an extension for its business combination deadline.
Delay expected
Worse than expected
DT Cloud Acquisition Corporation (DYCQ) announced the resignation of CEO Shaoke Li and the immediate appointment of CFO Guojian Chen as his successor, effective June 10, 2025.
DT Cloud Acquisition Corporation's shareholders approved a reduction in the monthly extension fee and related amendments, while the company faced substantial share redemptions and entered into new voting agreements to retain capital for its business combination with Maius Pharmaceutical Co., Ltd.
Worse than expected
Capital raise
DT Cloud Acquisition Corporation amends its voting agreement to issue additional SPAC rights to shareholders who redeem 75% of their shares and forego redemption rights on the remaining 25%.
Quarterly Earnings (10-Q)
See all →DT Cloud Acquisition Corporation reports a significant decline in trust account assets and faces Nasdaq delisting warnings while pursuing a business combination with Maius Pharmaceutical.
Worse than expected
Capital raise
Delay expected
DT Cloud Acquisition Corporation reports significant redemptions and liquidity challenges, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
DT Cloud Acquisition Corporation reports a net income for Q1 2025 but acknowledges substantial doubt about its ability to continue as a going concern due to the approaching deadline for completing a business combination.
Delay expected
Worse than expected
Capital raise
DT Cloud Acquisition Corporation reported a net income of $1.63 million for the nine months ended September 30, 2024, while actively pursuing a business combination with Shanghai Maius Pharmaceutical Technology Co., LTD.
Worse than expected
Capital raise
DT Cloud Acquisition Corporation reported a net income of $872,741 for the six months ended June 30, 2024, primarily driven by investment income from its trust account.
Better than expected
DT Cloud Acquisition Corporation reported a net income of $43,875 for the first quarter of 2024, following its initial public offering in February.
Annual Reports (10-K)
DT Cloud Acquisition Corporation filed an amendment to its annual report, providing updated information on its proposed business combination with Maius Pharmaceutical, extensions to its acquisition deadline, and changes in executive leadership.
Worse than expected
Capital raise
Delay expected
DT Cloud Acquisition Corporation files its annual report on Form 10-K, outlining its business activities and the proposed business combination with Maius Pharmaceutical.
Delay expected
Capital raise
DT Cloud Acquisition Corporation's 10-K filing outlines the terms of its securities, governance structure, and risks associated with its blank check company status.
Capital raise
Insider Trading (Form 4)
Maius Pharmaceutical Group Co., Ltd. has entered into a Subscription Agreement with an investor for a $300,000 private placement of ordinary shares.
Capital raise
425: DT Cloud Acquisition Corp to Merge with Maius Pharmaceutical, Valuing Biotech Firm at $250 Million
DT Cloud Acquisition Corporation and Maius Pharmaceutical Co., Ltd. have entered into a definitive business combination agreement, valuing Maius at $250 million, with plans to list the combined entity on Nasdaq.
Capital raise
Proxy Statements (Def-14A)
See all →DT Cloud Acquisition Corporation proposes to extend its business combination deadline to February 2027 and waive monthly sponsor extension fees to facilitate its merger with Maius Pharmaceutical.
Worse than expected
Delay expected
DT Cloud Acquisition Corporation announces the postponement of its Extraordinary General Meeting (EGM) and the related redemption right deadline.
Delay expected
DT Cloud Acquisition Corporation is amending its extension fee and entering into voting agreements with certain shareholders to facilitate an extension for consummating its initial business combination.
Delay expected
DT Cloud Acquisition Corporation is seeking shareholder approval to amend the monthly extension fee payable by its sponsor to extend the deadline for completing its initial business combination.
Delay expected
Worse than expected
DT Cloud Acquisition Corporation announced the postponement of its Extraordinary General Meeting (EGM) and the related redemption right deadline.
Delay expected
DEFR14A: DT Cloud Acquisition Seeks Shareholder Approval for Extension to Complete Business Combination
DT Cloud Acquisition Corporation is seeking shareholder approval to extend the deadline for completing a business combination from May 23, 2026, to August 23, 2026, to allow more time for regulatory approvals and deal finalization.
New Public Companies (S-1)
DT Cloud Acquisition Corporation, a Cayman Islands-based blank check company, filed Amendment No. 5 to its Form S-1/A registration statement with the SEC for a proposed $60 million initial public offering.
Capital raise
DT Cloud Acquisition Corporation amends its S-1 filing, detailing registration rights for investors holding Initial Shares, Private Units, Over-Allotment Units, and Working Capital Loan Securities.
Schedule 13G - Passive Investments
See all →W. R. Berkley Corporation and Berkley Insurance Company have filed an amended Schedule 13G, reporting zero beneficial ownership in DT Cloud Acquisition Corporation's Ordinary Shares.
Worse than expected
Meteora Capital, LLC and Vik Mittal have reduced their beneficial ownership in DT Cloud Acquisition Corp to 4.90%, falling below the 5% threshold.
Worse than expected
Westchester Capital Management, Virtus Investment Advisers, and The Merger Fund report 0% beneficial ownership in DT Cloud Acquisition Corp.
W. R. Berkley Corporation and its subsidiary Berkley Insurance Company have disclosed a 5.1% beneficial ownership stake in DT Cloud Acquisition Corporation.
Wolverine Asset Management LLC and affiliated entities have filed an amended Schedule 13G, disclosing a beneficial ownership of 1.38% in DT Cloud Acquisition Corp's ordinary shares.
First Trust Capital Management L.P. and its affiliates have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 2.33% in DT Cloud Acquisition Corp's Ordinary Shares as of March 31, 2025.