Core Viewpoint - DT Cloud Acquisition Corporation has cancelled its extraordinary general meeting (EGM) scheduled for February 21, 2025, and has withdrawn the proposals previously set forth for shareholder consideration [1]. Company Overview - DT Cloud Acquisition Corporation is a publicly-traded special purpose acquisition company (SPAC) formed to effect mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses [2]. - The company intends to focus its search for initial business combination targets in industries that complement its management team's background, led by CEO Shaoke Li and CFO Guojian Chen [2]. Proxy Statement and SEC Filings - On January 27, 2025, the company filed a definitive proxy statement with the SEC regarding the solicitation of proxies for the EGM, with additional amendments filed on February 4, 14, and 19, 2025 [4]. - Investors and security holders can obtain free copies of the definitive proxy statement and other related documents through the SEC's website [4]. Participants in the Solicitation - The company and its directors, executive officers, and other management members may be deemed participants in the solicitation of proxies from shareholders in connection with the EGM [5]. - Detailed information regarding the names, affiliations, and interests of the company's directors and officers can be found in the proxy statement [5]. Communication and Offer Disclaimer - The press release does not constitute a solicitation of a proxy, consent, or authorization regarding any securities or EGM proposals [6]. - It also does not constitute an offer to sell or solicit an offer to buy any securities, nor will there be any sale of securities in jurisdictions where such actions would be unlawful prior to registration or qualification under applicable securities laws [6].
DT Cloud Acquisition Corporation Announces Cancellation of Extraordinary General Meeting