Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 303

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 303
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PART
II 

Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

    (a)
    Market
    Information

Our
units started to be listed on the  Nasdaq
Global Market and began trading under the ticker symbol “DTSQU” on July 25, 2024. On September 12, 2024, we announced that
the holders of the units may elect to separately trade the underlying component securities of the Units commencing on September 16, 2024.
Those Units not separated continue to trade on Nasdaq under the symbol “DTSQU,” and each of the ordinary Shares and rights
that have been separated trade on Nasdaq under the symbols “DTSQ” and “DTSQR,” respectively.

    (b)
    Holders

As
of March 27, 2025, there was 4 holders of record of our units and 2 holders of record of our ordinary shares.

57

    (c)
    Dividends

We
have not paid any cash dividends on our ordinary shares as of the date of this Report, and do not intend to pay cash dividends prior
to the completion of our initial business combination. The payment of cash dividends in the future will be dependent upon our revenues
and earnings, if any, capital requirements and general financial condition subsequent to completion of a business combination. The payment
of any dividends subsequent to a business combination will be within the discretion of our then board of directors. It is the present
intention of our board of directors to retain all earnings, if any, for use in our business operations and, accordingly, our board does
not anticipate declaring any dividends in the foreseeable future. If we incur any indebtedness in connection with a business combination,
our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith.

    (d)
    Securities
    Authorized for Issuance Under Equity Compensation Plans

None.

    (e)
    Performance
    Graph

Not
applicable.

    (f)
    Recent
    Sales of Unregistered Securities; Use of Proceeds from Registered Offerings.

Unregistered
Sales of Equity Securities 

In
November 2022, March 2023 and January 2024, an aggregate of 1,725,000 initial shares were issued to our initial shareholders, for an
aggregate purchase price of $25,000, or approximately $0.