Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 54

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 54
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 |   |     |    |     |  (2,458 | ) |     | —                     |   |     |    |     |  (2,458 | ) |     | —                     |   |     |    |     |  (2,458 | ) |
| TOTAL EQUITY                                                                                                                                                                                                                           |     | (4,325 | ) |     | 26,256 |   |     |                36,161 |   |     |    |     |  58,092 |   |     | (20,191               | ) |     |    |     |  37,901 |   |     | (9,700                | ) |     |    |     |  28,201 |   |
| TOTAL LIABILITIES AND EQUITY                                                                                                                                                                                                           |     | 45,102 |   |     | 60,051 |   |     |               (12,073 | ) |     |    |     |  93,080 |   |     | (20,191               | ) |     |    |     |  72,889 |   |     | (9,700                | ) |     |    |     |  63,189 |   |

Unaudited Pro Forma Condensed Combined Consolidated Balance Sheet Adjustments The Transaction Accounting Adjustments to the unaudited condensed combined consolidated pro forma balance sheet consists of the following: (1)Reflects the release of cash from marketable securities held in the Trust Account. (2)Reflects an adjustment of $1.44 million to reduce cash and $1.62 million to reduce deferred offering costs for transaction costs expected to be incurred by FST in relation to the Business Combination, including advisory, printing, legal and accounting services. (3)Scenario 1 — No Redemption Scenario reflects the election of holders of 407,442 Public Shares to redeem their Public Shares in connection with the Third Extension Amendment Proposal, and assumes no further SPAC Shareholders, collectively holding 3,534,431shares, exercises their redemption rights in connection with the Business Combination. As of June 30, 2024, there was approximately $45.04 million in the Trust Account. Taking into account nil to be paid out in cash as redemption proceeds at the Closing of the

31 Business Combination and $4.75 million paid out in cash as redemption proceeds in connection with the Third Extension Amendment Proposal, all SPAC Public Shares previously subject to redemption