Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 1195

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1195
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 July 26, 2024, and received by A.G.P on the IPO day.

The
underwriters are entitled to a cash underwriting discount of 1.0% of the gross proceeds of the of the Initial Public Offering, which
will be deferred and payable until the closing of the initial Business Combination, without accrued interest.

NOTE
8– FAIR VALUE MEASUREMENTS

The
fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value
Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to
their short-term nature.

“Fair
value” is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction
between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs
used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets
or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

    ●
    Level 1 - Quoted
    prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions
    for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

    ●
    Level 2 - Observable
    inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities
    and quoted prices for identical assets or liabilities in markets that are not active.

    ●
    Level 3 - Unobservable
    inputs based on the Company’s assessment of the assumptions that market participants would use in pricing the asset or liability.
  
 SCHEDULE
OF FAIR VALUE MEASUREMENTS

    Prices in

    Other

    Other

    Active

    Observable

    Unobservable

    Markets

    Inputs

    Inputs

    At December
    31, 2024
     
    (Level
    1)

    (Level
    2)

    (Level
    3)

    Money Market Funds (cash equivalents)
     
    $
    411,429

    Money Market Funds (marketable securities held in Trust
    Account)
     
    $
    70,456