Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 1172

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9C
Chunk 1172
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    Other income: 

    Interest from operating account 
     9,577  
     - 
  
    Interest and dividends earned in Trust Account 
     1,192,605  
     - 
  
    Unrealized gained on marketable securities held in Trust Account 
     263,682  
     - 
  
    Total other income 
     1,465,864  
     - 

    NET INCOME (LOSS) 
    $1,193,616  
     (4,221)

    Basic and diluted weighted average shares outstanding 

    Redeemable ordinary shares, basic and diluted 
     2,978,689  
     - 
  
    Non-redeemable ordinary shares, basic and diluted(1) 
     1,716,236  
     1,500,000 
  
    Redeemable ordinary shares, basic and diluted net income per share 
    $1.52  
     - 
  
    Non-redeemable ordinary shares, basic and diluted net income (loss) per share 
    $(1.94) 
     (0.003)

    (1)
    Number of shares in 2023
    excludes up to an aggregate of 225,000 ordinary shares subject to forfeiture to the extent that the underwriters’ over-allotment
    option is not exercised in full or in part.

See
accompanying notes to audited financial statements.

F-4

DT
CLOUD STAR ACQUISITION CORPORATION

AUDITED
STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT

    Shares  
    Amount  
    Capital  
    Receivable  
    Deficit  
    (Deficit) 

    For the Year Ended December 31, 2024 

    Ordinary Shares  
    Additional Paid-in  
    Share Capital  
    Accumulated  
    Total Shareholders’
 Equity 

    Shares  
    Amount  
    Capital  
    Receivable  
    Deficit  
    (Deficit) 
  
    Balance as of December 31, 2023(1) 
     1,725,000  
    $173  
    $24,827  
    $(25,000) 
    $(5,786) 
    $(5,786)

    Sale of units in initial public offering, net of