07/30/2026 | Press release | Distributed by Public on 07/30/2026 15:28
Item 8.01 Other Events.
DT Cloud Star Acquisition Corporation (the "Company"), as previously disclosed in its Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on July 20, 2026, received written notice from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on July 15, 2026 stating that the Staff had determined to delist the Company's securities due to the Company's failure to regain compliance with Nasdaq Listing Rule. Accordingly, its securities will be delisted from The Nasdaq Global Market. In that regard, unless the Company requests an appeal of this determination by July 22, 2026, trading of the Company's will be suspended at the opening of business on July 24, 2026, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the "SEC"), which will remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company has timely submitted its hearing request, which will stay the suspension.
Additionally, on April 6, 2026, the Company was notified by Staff that it did not comply with the minimum 400 total shareholders requirement for continued inclusion under Nasdaq Listing Rule 5450(a)(2). Based on the review of materials submitted by the Company on May 29, 2026, Nasdaq granted the Company's request for an extension until October 5, 2026 to regain compliance with this requirement. Pursuant to Listing Rule 5810(C)(4)(d)(2), the Company is no longer eligible for the terms of extension. This matter serves as an additional and separate basis for delisting the Company's securities from The Nasdaq Stock Market.
On July 27, 2026, the Company received notice that Nasdaq approved the transfer of the listing of the Company's ordinary shares, units and rights from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the opening of trading on July 29, 2026. The Company's securities continue to trade under the symbols "DTSQ," "DTSQU" and "DTSQR," respectively.