Company: FSTWF
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044386
Chunk: 240

Company: FST Corp.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16
Chunk 240
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udited pro
forma combined consolidated financial information presents the combination of the financial information of FST and SPAC adjusted
to give effect to the Business Combination and related transactions. It is provided to aid you in your analysis of the financial aspects
of the transactions. Defined terms included below have the same meaning as terms Defined and included elsewhere in this Registration
Statement/Proxy Statement.

The following unaudited pro
forma combined consolidated financial information has been prepared in accordance with Article 11 of Regulation S-X.

The historical financial
information of FST was derived from the audited consolidated financial statements of FST as at and for the year ended December 31,
2024. The historical financial information of SPAC was derived from the audited financial statements of SPAC as at and for the
year ended December 31, 2024. Such audited financial statements are included elsewhere in this 20-F. This information should
be read together with FST’s and SPAC’s financial statements and related notes as of December 31, 2024, the sections
entitled “ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS” and other financial information included elsewhere
in this 20-F.