Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 1417

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 15
Chunk 1417
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-5

DT
CLOUD STAR ACQUISITION CORPORATION

AUDITED
STATEMENTS OF CASH FLOWS

    For the Year Ended  December 31, 2024  
    For the Year Ended  December 31, 2023 
  
    Cash flows from operating activities: 

    Net income (loss) 
    $1,193,616  
    $(4,221)
  
    Adjustments to reconcile net income (loss) to net cash used in operating activities: 

    Prepaid expenses 
     33,236  
     - 
  
    Payment of expenses by sponsor-related party 
     -  
     (309)
  
    Interest and dividend income earned in cash and investments held in Trust Account 
     (1,456,287) 
     - 

    Change in operating assets and liabilities: 

    Prepaid expenses 
     (70,448) 
     - 
  
    Accrued expenses 
     27,387  
     4,530 
  
    Amount due to Sponsor 
     75,744  
     - 

    Net cash used in operating activities 
     (196,752) 
     - 

    Cash flows from investing activities: 

    Investment of cash in Trust Account 
     (69,000,000) 
     - 

    Net cash used in investing activities 
     (69,000,000) 
     - 

    Cash flows from financing activities: 

    Proceeds from issuance of Founder Shares to Sponsor 
     25,000  
     - 
  
    Sale of units to the founder in private placement 
     2,069,000  
     - 
  
    Proceeds from issuance promissory note 
     298,440  
     - 
  
    Proceeds from sale of units 
     69,000,000  
     - 
  
    Payment of offering costs 
     (1,485,819) 
     - 
  
    Payment of promissory note to Sponsor 
     (298,440) 
     - 

    Net cash provided by financing activities 
     69,608,181  
     - 

    Net change in Cash 
       
     - 
  
    Cash at beginning of period 
     -