Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
06.11.24
Pillsbury advised Big Tree Cloud International Group Limited, a company devoted to the development, production and sales of personal care products and other consumer goods in China, in its recent merger with Plutonian Acquisition Corp.
Plutonian Acquisition Corp. is a publicly traded SPAC or a blank check company created for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
The combined company following the merger is Big Tree Cloud Holdings Limited, and its shares and warrants began trading on Nasdaq under the tickers “DSY”, and “DSYWW”. The merger will “expedite [its] mission to provide premium personal care products and diversify our product range beyond feminine care,” according to a company press release.
Click here to learn more about the transaction.
The Pillsbury deal team was led by Corporate partner Jia Yan and included special counsel Tianze Ma and associates Devin Geng, Xunming Cui and Yanqiu Liu. Tax senior counsel Laura Watts also provided support to the team.