Company: DTSQ
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010262
Chunk: 0

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
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DT
CLOUD STAR ACQUISITION CORPORATION

BALANCE
SHEETS

    March 31, 2025  
    December 31, 2024 

    (Unaudited)  

    ASSETS 

    Current Assets: 

    Cash 
    $271,508  
    $411,429 
  
    Prepaid expenses 
     86,645  
     40,182 

    Total current assets 
     358,153  
     451,611 
  
    Marketable securities held in trust 
     71,193,993  
     70,456,287 
  
    TOTAL ASSETS 
    $71,552,146  
    $70,907,898 

    LIABILITIES AND SHAREHOLDERS’ DEFICIT 

    Current liabilities: 

    Accrued expenses 
    $11,351  
    $27,387 
  
    Amount due to Sponsor 
     114,500  
     84,500 

    Total Current Liabilities 
     125,851  
     111,887 

    Deferred underwriting compensation 
     690,000  
     690,000 

    TOTAL LIABILITIES 
     815,851  
     801,887 

    Commitments and contingencies (Note 7) 
     -  
     - 
  
    Ordinary shares subject to possible redemption, 6,900,000 shares (at redemption price of $10.32 and $10.21 per share as of March 31, 2025 and December 31, 2024, respectively) 
     71,193,993  
     70,456,287 

    Shareholders’ deficit: 

    Ordinary shares, par value $0.0001 per share; 500,000,000 shares authorized; 2,000,900 shares issued and outstanding at March 31, 2025 and December 31, 2024 
     200  
     200 
  
    Accumulated deficit 
     (457,898) 
     (350,476)

    Total Shareholders’ deficit 
     (457,698) 
     (350,276)

    TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 
    $71,552,146  
    $70,907