Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 35

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 35
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 on our ability to consummate our initial
business combination. We cannot assure you these conflicts will be resolved in our favor.

Our
officers and directors have pre-existing fiduciary and contractual obligations and accordingly, may have conflicts of interest in determining
to which entity a particular business opportunity should be presented.

Our
officers and directors have pre-existing fiduciary and contractual obligations to other companies, including other companies that are
engaged in business activities similar to those intended to be conducted by us. Accordingly, they may participate in transactions and
have obligations that may be in conflict or competition with our consummation of our initial business combination.

As
a result, a potential target business may be presented by our management team to another entity prior to its presentation to us and we
may not be afforded the opportunity to engage in a transaction with such target business. For a more detailed description of the pre-existing
fiduciary and contractual obligations of our management team, and the potential conflicts of interest that such obligations may present,
see “Item 10. Directors, Executive Officers and Corporate Governance—Conflicts of Interest” in Part III of this Report.

Our
officers’ and directors’ personal and financial interests may influence their motivation in determining whether a particular
target business is appropriate for a business combination.

Our
officers and directors have waived their right to convert (or sell to us in any tender offer) their initial shares or any other ordinary
shares acquired in our initial public offering or thereafter (although none of these insiders have indicated any intention to purchase
units in our initial public offering or thereafter), or to receive distributions with respect to their initial shares upon our liquidation
if we are unable to consummate our initial business combination. Our sponsor has also waived its right to convert (or sell to us in any
tender offer) its private shares or any other ordinary shares acquired in our initial public offering or thereafter (although it has
not indicated any intention to purchase units in our initial public offering or thereafter), or to receive distributions with respect
to their private shares upon our liquidation if we are unable to consummate our initial business combination. Accordingly, these securities
will be worthless if we do not consummate our initial business combination. In addition, our officers and directors may loan funds to
us after our initial public offering and may be owed reimbursement for expenses incurred in connection with certain activities on our
behalf which would only be repaid if we complete an initial business combination. The personal and financial interests of