Company: DTSQ
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010262
Chunk: 47

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 47
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 (loss) per ordinary shares does not consider the effect of the rights issued in connection with the (i)
Initial Public Offering, and (ii) the private placement since the exercise of the rights are contingent upon the occurrence of future
events. As of March 31, 2025, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised
or converted into ordinary shares in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same
as basic net income (loss) per ordinary share for the period presented.

The
net income (loss) per share presented in the statement of operations is based on the following:

SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

    For the Three  Months ended  March 31, 2025  
    For the Three  Months ended  March 31, 2024 
  
    Net income (loss) 
    $630,284  
    $(10,623)

    Less: Interest and dividends earned in Trust Account to be allocated to redeemable shares 
     (737,706) 
     - 
  
    Net loss excluding investment income in Trust Account 
     (107,422) 
     (10,623)

    11

DT
CLOUD STAR ACQUISITION CORPORATION

NOTES
TO UNAUDITED FINANCIAL STATEMENTS

    Non-Redeemable  
    Redeemable  
    Non-Redeemable  
    Redeemable 

    For the Three Months Ended  
    For the Three Months Ended 

    March 31, 2025  
    March 31, 2024 

    Non-Redeemable  
    Redeemable  
    Non-Redeemable  
    Redeemable 

    Ordinary Share  
    Ordinary Share  
    Ordinary Share  
    Ordinary Share 
  
    Basic and diluted net income (loss) per share: 

    Numerators: 

    Allocation of net losses 
    $(24,148) 
    $               (83,274) 
    $(10,623) 
    $- 
  
    Interest and dividends earned in Trust Account 
     -  
     737,706  
     -  
     - 
  
    Allocation of net income (loss) 
    $(24