Please ensure Javascript is enabled for purposes of website accessibility

People

Big things are happening at Ogier. Change is embedded in everything we do. It is redefining our talent, our ways of working, our platforms of delivery, our culture.

Expertise

Services

We have the expertise to handle the most demanding transactions. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies means we add real value to clients’ businesses.

View all Services

Employment law

Intellectual Property

Listing services

Restructuring and Insolvency

Business Services Team

Executive Team

German Desk

Accounting and Financial Reporting Services

Cayman Islands AML/CFT training

Corporate Services

Debt Capital Markets

Governance Services

Investor Services

Ogier Connect

Private Wealth Services

Real Estate Services

Regulatory and Compliance Services

Ogier Global

Consulting

View all Consulting

Sustainable Investment Consulting

LexTech - Technology Consultants

Business Services Team

View all Business Services Team

Sectors

Our sector approach relies on smart collaboration between teams who have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients to see around corners.

View all Sectors

Aviation and Marine

BVI Law in Europe and Asia

Energy and Natural Resources

Family Office

Foreign direct investment (FDI)

Funds Hub

Private Equity

Real Estate

Restructuring and Insolvency

Sustainable Investing and ESG

Technology and Web3

Trusts Advisory Group

Locations

Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.

News and insights

Keep up to date with industry insights, analysis and reviews. Find out about the work of our expert teams and subscribe to receive our newsletters straight to your inbox.

Fresh thinking, sharper opinion.

About us

We get straight to the point, managing complexity to get to the essentials. Our global network of offices covers every time zone. 

No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm

Ogier advises DT Cloud Acquisition Corporation on US$69 million Nasdaq IPO

Deal

29 February 2024

Hong Kong

1 min read

ON THIS PAGE

Ogier's Corporate team in Hong Kong acted as Cayman Islands counsel to DT Cloud Acquisition Corporation on its US$69 million initial public offering on Nasdaq.

The special purpose acquisition company (SPAC), which is incorporated in the Cayman Islands, completed the initial public offering (IPO) of its 6,900,000 units which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 900,000 units.

Each unit consists of one ordinary share and one right to receive one-seventh of one ordinary share upon the consummation of an initial business combination, at an offering price of US$10 per unit on 23 February 2024.

The units issued by the company started trading on the NASDAQ Global Market on 21 February 2024 under the ticker symbol DYCQU.

Ogier's Corporate partner Florence Chan led the team, with support from the firm's global head of Corporate, Nathan Powell, and paralegal Jenson Ng.

Ogier worked alongside Loeb & Loeb LLP as the US counsel and Brookline Capital Markets, a division of Arcadia Securities, LLC as the sole book-running manager of the offering.

No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm