DT Cloud Acquisition announced today that, starting April 12, shares and rights units sold as units in the company’s initial public offering may be traded separately. Each unit consists of a share and one right to receive one-seventh of a sare upon completion of a merger. Units not separated will continue to trade on the Nasdaq under the symbol DYCQU.
Shares and rights that are separated will trade under the symbols DYCQ and DYCQR.
DT Cloud completed a $69 million IPO in February.
The new SPAC is broadly focused on identifying targets with a competitive edge and strong growth potential. Read more.
