Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 202

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 202
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 respective jurisdiction against us or our directors or officers predicated upon the securities laws
    of the United States or any state in the United States.

40

There
is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, although the courts of the Cayman Islands
will in certain circumstances recognize and enforce a foreign judgment, without any re-examination or re-litigation of matters adjudicated
upon, provided such judgment:

    (1)
    is
    given by a foreign court of competent jurisdiction;

    (2)
    imposes
    on the judgment debtor a liability to pay a liquidated sum for which the judgment has been given;

    (3)
    is
    final;

    (4)
    is
    not in respect of taxes, a fine or a penalty;

    (5)
    was
    not obtained by fraud; and

    (6)
    is
    not of a kind the enforcement of which is contrary to natural justice or the public policy of the Cayman Islands.

Subject
to the above limitations, in appropriate circumstances, a Cayman Islands court may give effect in the Cayman Islands to other kinds of
final foreign judgments such as declaratory orders, orders for performance of contracts and injunctions.

As
a result of all of the above, public shareholders may have more difficulty in protecting their interests in the face of actions taken
by management, members of the board of directors or controlling shareholders than they would as public shareholders of a United States
company.

You
will not be entitled to protections normally afforded to investors of blank check companies.

Since
the net proceeds of our initial public offering are intended to be used to complete a business combination with a target business that
has not been identified, we may be deemed to be a “blank check” company under the United States securities laws. However,
since we had net tangible assets in excess of $5,000,000 upon the consummation of our initial public offering and we filed a Current
Report on Form 8-K, including an audited balance sheet demonstrating this fact, we are exempt from rules promulgated by the SEC to protect
investors of blank check companies such as Rule 419. Accordingly, investors will not be afforded the benefits or protections of those
rules which would, for example, completely restrict the transferability of our securities, restrict the use of interest earned on the
funds held in the trust account and require us to complete a business combination within 15 months