Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 546

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 546
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was $nil.  

Registration
Rights

Pursuant
to a registration rights agreement entered into on July 24, 2024, the holders of the initial
shares, private placement units (including securities contained therein), and units (including
securities contained therein) that may be issued on conversion of working capital loans are entitled to certain customary registration
rights for the resale of such securities. The holders of these securities are entitled to make requests for no more than two demand registrations,
excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration
rights with respect to registration statements filed subsequent to our completion of initial business combination and rights to require
us to register for resale such securities pursuant to Rule 415 under the Securities Act. We will bear the expenses incurred in connection
with the filing of any such registration statements.

Conflicts
of Interest

As
more fully discussed in “Part III, Item 10. Directors, Executive Officers and Corporate Governance—Conflicts of Interest,”
if any of our officers or directors becomes aware of a business combination opportunity that falls within the line of business of any
entity to which he or she has then-current fiduciary or contractual obligations, he or she will honor his or her fiduciary or contractual
obligations to present such business combination opportunity to such entity. Our officers and directors currently have certain relevant
fiduciary duties or contractual obligations that may take priority over their duties to us.

Related
Party Policy

Our
Code of Conduct and Ethics requires us to avoid, wherever possible, all related party transactions that could result in actual or potential
conflicts of interests, except under guidelines approved by the board of directors (or the audit committee). Related-party transactions
are defined as transactions in which (1) the aggregate amount involved will or may be expected to exceed $120,000 in any calendar year,
(2) we or any of our subsidiaries is a participant, and (3) any (a) executive officer, director or nominee for election as a director,
(b) greater than 5% beneficial owner of our ordinary shares, or (c) immediate family member, of the persons referred to in clauses (a)
and (b), has or will have a direct or indirect material interest (other than solely as a result of being a director or a less than 10%
beneficial owner of another entity). A conflict-of-interest situation can arise when a person takes actions or has interests that