DT Cloud Star Acquisition extends merger deadline following shareholder vote

DT Cloud Star Acquisition Corp (NASDAQ:DTSQ) announced Friday that its shareholders approved several key proposals at the company’s annual meeting held Tuesday, including amendments to extend the deadline for completing a business combination and changes to its governing documents.

According to a statement based on a recent SEC filing, shareholders approved an amendment to the company’s Investment Management Trust Agreement with Wilmington Trust National Association. The amendment gives DT Cloud Star the right to extend the period to complete a merger or similar transaction by up to nine months, from October 26, 2025, to October 26, 2026. For each one-month extension, the company must deposit $75,000 into its trust account.

In connection with this extension, DT Cloud Star issued an unsecured promissory note for $75,000 to its sponsor, DT Cloud Star Management Limited, which was deposited into the trust account. The note is non-interest bearing and can be converted into units of the company at a price of $10.00 per unit upon completion of a business combination.

Shareholders also approved the adoption of the third amended and restated memorandum and articles of association, extending the company’s deadline to consummate a business combination to October 26, 2026.

Voting results showed that all five director nominees—Sam Zheng Sun, Kenneth Lam, Shaoke Li, Longjiao Li, and Chi Zhang—were elected to the board. The appointment of ELITE CPA P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was also ratified.

During the meeting, 5,297,491 shares were tendered for redemption.

DT Cloud Star has deposited the initial $75,000 payment to extend the business combination deadline by one month, moving the current deadline to November 26, 2025.

The company’s ordinary shares, units, and rights trade on the Nasdaq Stock Market under the symbols DTSQ, DTSQU, and DTSQR, respectively.

All information is based on a press release statement filed with the Securities and Exchange Commission.

In other recent news, DT Cloud Star Acquisition Corporation has made significant announcements concerning its shareholder meetings and redemption agreements. The company entered into a non-redemption agreement with a third-party shareholder involving 600,000 ordinary shares. This agreement ensures that the shareholder will not redeem these shares at the upcoming meeting, and in return, the sponsor will transfer 200,000 shares upon the closing of the initial business combination. Additionally, DT Cloud Star Acquisition has adjourned its annual general meeting to October 22, 2025, allowing shareholders to change or revoke their votes until the day before the meeting.

Previously, the meeting was also adjourned to October 20, 2025, with similar provisions for shareholders wishing to alter their votes. Furthermore, the company extended the deadline for shareholders to exercise redemption rights, giving them more time to make decisions regarding their shares. These developments reflect DT Cloud Star Acquisition’s ongoing efforts to manage its shareholder engagements effectively.

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