Direct Selling Acquisition to delist shares from NYSE, applies for Nasdaq

Direct Selling Acquisition announced its intention to voluntarily delist its Class A common stock, par value $0.0001 per share and units, each consisting of one share of Class A common stock and one-half of one redeemable warrant from the NYSE and, as previously announced, the company has made an application to have its Securities quoted on Nasdaq. The company provided notice of the voluntary delisting to NYSE and intends to timely file a Form 25 with the SEC to effect the delisting of its securities on or about April 23. The company anticipates thereafter filing a Form 8-A with the SEC to register its common stock and Units on an accelerated basis on Nasdaq. Although the timing of the company’s decision was driven in part by the determination it could soon fall out of compliance with NYSE listing standards, the company has been evaluating its listing options for some time and has concluded that, for the company, the management attention required to maintain compliance with NYSE listing standards, outweighs the benefits of being listed on NYSE. Eliminating the effort required to maintain compliance with NYSE listing standards will better enable the company to focus on completing a business combination with Hunch Technologies, a private limited company incorporated in Ireland with registered number 607449. The company has applied to have its common stock and units quoted on Nasdaq and expects that the common stock will be quoted on Nasdaq under the ticker symbols (DSAQ) and the units will be quoted on Nasdaq under the ticker symbol (DSAQU) on or about April 24, subject to the approval of Nasdaq. The company will remain subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended, following the delisting of its Securities from NYSE. Shareholders of the company will not be required to exchange any Securities, and the Company expects electronic trading to be available without any material disruption. Ultimately, the company’s board of directors determined that it is in the best interests of the company and its shareholders to voluntarily delist the company’s securities from NYSE and move to the Nasdaq at this time.