Big Tree Cloud Holdings debuts on Nasdaq after successful merger

Web DeskJune 7, 2024 08:39 AMbusiness
  • Big Tree Cloud International merges with Plutonian Acquisition Corp
  • Newly formed Big Tree Cloud Holdings listed on Nasdaq under 'DSY' and 'DSYWW'
  • Legal teams from reputable firms facilitate the merger process
Big Tree Cloud Holdings debuts on Nasdaq after successful mergerImage Credits: Reuters
Big Tree Cloud International Group merges with Plutonian Acquisition Corp to form Big Tree Cloud Holdings, now listed on Nasdaq. The company, led by Wenquan Zhu, focuses on premium personal care products, with a vision for growth and innovation in the industry.

Big Tree Cloud International Group Limited, a company based in Shenzhen, China, specializing in personal care products and consumer goods, has successfully merged with Plutonian Acquisition Corp. The resulting entity, Big Tree Cloud Holdings Limited, is now listed on Nasdaq under the tickers 'DSY' and 'DSYWW'.

Founded by Mr. Wenquan Zhu, Big Tree Cloud is dedicated to offering top-quality personal care items to customers in China and worldwide. The CEO expressed excitement about the company's debut on Nasdaq, emphasizing their mission to provide premium products. Plutonian Acquisition Corp, led by CEO Wei Kwang Ng, also sees great potential for growth in the newly combined business.

The legal teams involved in the transaction included Pillsbury Winthrop Shaw Pittman LLP, Commerce & Finance Law Offices, and Maples Group representing Big Tree Cloud, and Wilson Sonsini Goodrich & Rosati, P.C., Global Law Office representing Plutonian Acquisition Corp.

Established in 2020, Big Tree Cloud focuses on delivering high-quality personal care products to health-conscious consumers. Plutonian Acquisition Corp., a blank check company, focuses on business combinations in various industries, particularly metaverse technologies, tourism, and e-commerce in the Asia-Pacific region.

Investors are advised to be cautious about forward-looking statements due to potential risks and uncertainties. Big Tree Cloud is committed to keeping stakeholders informed about any significant developments.

The merger between Big Tree Cloud International Group and Plutonian Acquisition Corp marks a significant milestone for both companies. With a shared vision for growth and innovation, the newly formed Big Tree Cloud Holdings Limited is poised to make a mark in the personal care and consumer goods industry. Investors and consumers alike can look forward to exciting developments from this collaboration.

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