Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 282

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 282
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 and Restated Memorandum and Articles of Association,
offer such redemption pursuant to the tender offer rules of the SEC, and file tender offer documents containing substantially the same
information as would be included in a proxy statement with the SEC prior to completing a Business Combination.

    F-8

DT
CLOUD STAR ACQUISITION CORPORATION

NOTES
TO AUDITED FINANCIAL STATEMENTS

The
Sponsor and any of the Company’s officers or directors that may hold Founder Shares (as described in Note 5) (as defined the “initial
shareholders”) are identical to the ordinary shares included in the units being sold in this offering except that the founder shares
are subject to certain transfer restrictions, as described in more detail below: the sponsor, officers and directors have entered into
a letter agreement with us, pursuant to which they have agreed (i) to waive their redemption rights with respect to their founder shares,
private placement shares and public shares in connection with the completion of the initial business combination, (ii) to waive their
redemption rights with respect to any founder shares, private placement shares and public shares held by them in connection with a shareholder
vote to approve an amendment to the amended and restated memorandum and articles of association (A) to modify the substance or timing
of obligation to provide for the redemption of public shares in connection with an initial business combination or to redeem 100% of
public shares if the Company have not consummated the initial business combination within the timeframe set forth therein or (B) with
respect to any other provision relating to shareholders’ rights or pre-initial business combination activity and (iii) to waive
their rights to liquidating distributions from the Trust Account with respect to their founder shares and private placement shares if
the Company fail to complete the initial business combination within 15 months from the closing of this offering (although they will
be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the Company fail to complete
the initial business combination within the prescribed time frame).

The
Company will have until October 26, 2025 initially to consummate a Business Combination. However, if the Company anticipates that it
may not be able to consummate a Business Combination within 15 months, if we seek shareholder approval for an extension, our public shareholders
will be offered an opportunity to redeem their shares at a per share price, payable in cash, equal to the aggregate amount then on deposit
in the trust account, including interest