Company: DTSQ
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001493152-25-020876
Chunk: 6

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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,069,000 
  
    Proceeds from issuance of promissory note 
     -  
     298,440 
  
    Proceeds from sale of units 
     -  
     69,000,000 
  
    Payment of offering costs 
     -  
     (1,485,819)
  
    Payment of promissory note to Sponsor 
     -  
     (298,440)

    Net cash generated from financing activities 
     -  
     69,608,181 

    Net change in Cash 
     (391,312) 
     444,850 
  
    Cash at beginning of period 
     411,429  
     - 
  
    Cash and cash equivalents at end of year/period 
    $20,117  
    $444,850 

    Non-cash investing and financing activities 

    Deferred underwriting compensation 
    $-  
    $690,000 
  
    Initial value of ordinary share subject to possible redemption 
    $-  
    $62,100,000 
  
    Reclassification of offering costs related to public shares 
    $-  
    $(1,958,237)
  
    Subsequent measurement of ordinary shares subject to redemption against additional paid-in capital (“APIC”) and accumulated deficit 
    $-  
    $8,858,237 
  
    Subsequent measurement of ordinary shares subject to redemption (interest and dividends earned in Trust Account) 
    $-  
    $649,464 
  
    Representative shares issued to underwriter 
    $-  
    $7 

See
accompanying notes to unaudited financial statements.

4

DT
CLOUD STAR ACQUISITION CORPORATION

NOTES
TO UNAUDITED FINANCIAL STATEMENTS

NOTE
1 - ORGANIZATION AND BUSINESS BACKGROUND

DT
Cloud Star Acquisition Corporation (the “Company”) is a blank check company. It was incorporated as a Cayman Islands exempted
company on November 29, 2022, with the original name of Infinity Star Acquisition Corporation at inception. The name was changed to DT
Cloud Star Acquisition Corporation on January 31, 2024. The Company was formed for the purpose of effecting a merger, share exchange,
asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses (the “Business Combination”).
The Company is