DT Cloud Star Acquisition Corp Receives Nasdaq Delisting Notice

What Happened
DT Cloud Star Acquisition Corp (DTSQ) announced it received a Delist Determination Letter from Nasdaq on July 15, 2026, notifying the company that it did not regain compliance with Nasdaq listing rules and that its securities will be delisted from The Nasdaq Global Market. Nasdaq had earlier notified the company on January 15, 2026 that it failed to meet the minimum Market Value of Listed Securities (MVLS) requirement and provided a 180-day cure period that ended July 14, 2026. The company has timely submitted a hearing request, which stays the planned suspension.

Key Details

• Nasdaq initially notified DTSQ on January 15, 2026 that, based on MVLS for Nov 21, 2025–Jan 6, 2026, it failed to meet the minimum MVLS requirement of $50,000,000.
• Nasdaq provided a 180-day compliance period ending July 14, 2026; on July 15, 2026 Nasdaq issued the Delist Determination Letter.
• Unless appealed by July 22, 2026, trading was set to be suspended at the opening of business on July 24, 2026 and a Form 25-NSE would be filed to remove the securities from Nasdaq; the company has submitted a hearing request which stays the suspension.
• Separately, Nasdaq notified the company on April 6, 2026 that it did not meet the minimum 400-holder requirement; Nasdaq had granted an extension to October 5, 2026 based on the company’s May 29, 2026 submission, but the company is not eligible for the extension’s terms under the listing rules—this is an additional basis for delisting.
• The company issued a press release on July 20, 2026 announcing receipt of the Delist Determination Letter (Exhibit 99.1).

Why It Matters
A Nasdaq delisting determination is material for shareholders because delisting can limit liquidity and may reduce the market price of the stock. While the company has filed a hearing request to contest the determination (which temporarily stays suspension), investors should be aware of the compliance failures (MVLS and shareholder count) and the potential for removal from Nasdaq if the company does not prevail in the appeal or otherwise regain compliance.