Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 445

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 445
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 Factor Summary,” “Risk Factors”
and elsewhere in this Report. 

Cautionary
Note Regarding Forward-Looking Statements 

This
Report includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act.
We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking
statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of
activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements
expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such
as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,”
“believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions. Factors
that might cause or contribute to such a discrepancy include, but are not limited to, those described in our other SEC filings. 

Overview

We
are a blank check company incorporated in the Cayman Islands on November 29, 2022 as an exempted company with limited liability. We were
formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or
similar business combination with one or more businesses or entities, which we refer to as a “target business.” We are an
emerging growth company and, as such, we are subject to all of the risks associated with emerging growth companies.

We
have neither engaged in any operations nor generated any revenues to date. Our entire activity since inception has been to prepare for
our initial public offering, which was consummated on July 26, 2024 and, after the initial public offering, identifying a target company
for a business combination.

As
indicated in the accompanying financial statements, as of December 31, 2024, we had cash and cash in escrow of $411,429 and working capital
of $339,724.  Further,
we expect to incur significant costs in the pursuit of our initial business combination. We cannot assure you that our plans to raise
capital or to complete our initial business combination will be successful.

59

We
will have until 15 months from the closing of our initial public offering to complete a business combination. If we anticipate that we
may be unable to consummate