DelistingJul 30, 2026, 05:31 PM
DT Cloud Star Transfers Listing to Nasdaq Capital Market
AI Summary
DT Cloud Star Acquisition Corp (DTSQ) announced that Nasdaq approved the transfer of its ordinary shares, units, and rights from the Nasdaq Global Market to the Nasdaq Capital Market, effective July 29, 2026. This transfer follows a previous notice from Nasdaq regarding the potential delisting of the company's securities due to non-compliance with listing rules, including the minimum 400 total shareholders requirement. The company had submitted a hearing request to stay the suspension of trading.
Key Highlights
- Nasdaq determined to delist securities due to non-compliance with listing rules.
- Company failed to meet the minimum 400 total shareholders requirement.
- Company submitted a timely hearing request, staying the suspension of trading.
- Nasdaq approved the transfer of securities to the Nasdaq Capital Market.
- Transfer of listing became effective at the opening of trading on July 29, 2026.
Price Impact
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