Big Tree Cloud went public via a SPAC merger with Plutonian Acquisition in a $500m deal.

Big Tree Cloud, a company devoted to the development, production and sales of personal care products and other consumer goods, went public via a SPAC merger with Plutonian Acquisition, a publicly traded special purpose acquisition company, in a $500m deal. "We are excited to reach this milestone as we complete our business combination with Plutonian and prepare for our Nasdaq debut. We have achieved solid progress since our inception in 2020, and we are excited about the growth opportunities for enhancing personal and hygienic care for families in China and globally. Our Nasdaq listing will expedite our mission to provide premium personal care products and diversify our product portfolio," Wenquan Zhu, Founder, Big Tree Cloud Chairman, and CEO.