
MergerApr 14, 2026, 12:50 PM
Datasea to Redomicile to BVI via Merger, DIT to Trade as DTSS
AI Summary
Datasea Inc. announced its redomicile to the British Virgin Islands (BVI) through a merger with its wholly-owned subsidiary, Datasea Intelligent Technology Ltd. (DIT), effective April 15, 2026. Upon completion, Datasea Inc. will cease to exist, and DIT will become the surviving entity. Existing common stock will convert into DIT Class A ordinary shares, with specific Class B conversions for Zhixin Liu and Fu Liu. DIT Class A Ordinary Shares will commence trading on the Nasdaq Capital Market under the ticker "DTSS" on April 15, 2026.
Key Highlights
- Datasea Inc. to redomicile to British Virgin Islands (BVI).
- Merger with wholly-owned subsidiary Datasea Intelligent Technology Ltd. (DIT).
- Redomicile merger effective on April 15, 2026.
- Each common share converts to one DIT Class A ordinary share.
- DIT Class A shares to trade on Nasdaq under "DTSS" from April 15, 2026.