Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 343

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 343
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 current assets 
     451,611  
     2,970 
  
    Cash and marketable securities held in trust 
     70,456,287  
     - 
  
    TOTAL ASSETS 
    $70,907,898  
    $2,970 

    LIABILITIES AND SHAREHOLDERS’ DEFICIT 

    Current liabilities: 

    Accrued expenses 
    $27,387  
    $- 
  
    Amount due to Sponsor 
     84,500  
     8,756 

    Total Current Liabilities 
     111,887  
     8,756 

    Deferred underwriting compensation 
     690,000  
     - 

    TOTAL LIABILITIES 
     801,887  
     8,756 

    Commitments and contingencies (Note 7) 
     -  
     - 
  
    Ordinary shares subject to possible redemption, 6,900,000 shares (at redemption price of $10.21 per share) 
     70,456,287  
     - 

    Shareholders’ deficit: 

    Ordinary shares, par value $0.0001 per share; 500,000,000 shares authorized; 2,000,900 and 1,725,000(1) shares issued and outstanding at December 31, 2024 and 2023, respectively 
     200  
     173 
  
    Additional paid-in capital 
     -  
     24,827 
  
    Share capital receivable 
     -  
     (25,000)
  
    Accumulated deficit 
     (350,476) 
     (5,786)

    Total Shareholders’ deficit 
     (350,276) 
     (5,786)

    TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 
    $70,907,898  
    $2,970 

    (1)
    The Company
    issued 1 share in 2022, 999 shares in 2023 and 1,724,000 shares in January 2024. The Company applied the retrospective approach to
    present the subsequent share issuance in 2024 in the Financial Statements for the year ended December 31, 2023. The 1,725,000 shares