Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 840

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 840
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atably based on the weighted average number of shares outstanding between the redeemable and non-redeemable ordinary shares.
Any remeasurement of the accretion to the redemption value of the ordinary shares subject to possible redemption was considered to be
dividends paid to the public stockholders.

The
calculation of diluted income (loss) per ordinary shares does not consider the effect of the rights issued in connection with the (i)
Initial Public Offering, and (ii) the private placement since the exercise of the rights are contingent upon the occurrence of future
events. As of December 31, 2024, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised
or converted into ordinary shares in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same
as basic net income (loss) per ordinary share for the period presented.

The
net income (loss) per share presented in the statement of operations is based on the following:

 SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

    For the Year ended  December 31, 2024  
    For the Year ended  December 31, 2023 
  
    Net income (loss) 
    $1,193,616  
    $(4,221)
  
    Less: Remeasurement to redemption value 
     (8,858,237) 
     - 
  
    Less: Interest and dividends earned in Trust Account to be allocated to redeemable shares 
     (1,456,287) 
     - 
  
    Net loss excluding investment income in Trust Account 
     (9,120,908) 
     (4,221)

    F-12

DT
CLOUD STAR ACQUISITION CORPORATION

NOTES
TO AUDITED FINANCIAL STATEMENTS

    Non-Redeemable  
    Redeemable  
    Non-Redeemable  
    Redeemable 

    For the Year Ended  
    For the Year Ended 

    December 31, 2024  
    December 31, 2023 

    Non-Redeemable  
    Redeemable  
    Non-Redeemable  
    Redeemable 

    Ordinary Share  
    Ordinary Share  
    Ordinary Share  
    Ordinary Share 
  
    Basic and Diluted net