Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 605

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 605
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 convert
such shares (or sell their shares in any tender offer) in connection with the consummation of our initial business combination or an
amendment to our post-offering amended and restated memorandum and articles of association relating to pre-business combination activity.

All
ongoing and future transactions between us and any of our officers and directors or their respective affiliates will be on terms believed
by us to be no less favorable to us than are available from unaffiliated third parties. Such transactions will require prior approval
by our audit committee and a majority of our uninterested “independent” directors, or the members of our board who do not
have an interest in the transaction, in either case who had access, at our expense, to our attorneys or independent legal counsel. We
will not enter into any such transaction unless our audit committee and a majority of our disinterested “independent” directors
determine that the terms of such transaction are no less favorable to us than those that would be available to us with respect to such
a transaction from unaffiliated third parties.

71

We
are not prohibited from pursuing an initial business combination with a company that is affiliated with our sponsor, officers or directors
or making the acquisition through a joint venture or other form of shared ownership with our sponsor, directors or officers. In the event
we seek to complete our initial business combination with a company that is affiliated with our sponsor or any of our officers or directors,
we, or a committee of independent directors, will obtain an opinion from an independent investment banking firm or another independent
entity that commonly renders valuation opinions that such initial business combination is fair to our company from a financial point
of view. We are not required to obtain such an opinion in any other context.

Furthermore,
in no event will our initial shareholders or any of our existing officers or directors, or their respective affiliates be paid by us
any finder’s fee, consulting fee, or other compensation prior to, or for any services they render, in order to effectuate the completion
of our initial business combination. Further, commencing on the date our securities are first listed on the Nasdaq, we will also reimburse
an affiliate of our sponsor for secretarial and administrative support services provided to us in the amount of $10,000 per month.

We
cannot assure you that any of the above-mentioned conflicts will be resolved in our favor.

If
we seek shareholder approval, we will complete our initial business combination only if we obtain the approval of an ordinary resolution