Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 986

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 986
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The
following table sets forth information regarding the beneficial ownership of our ordinary shares as of March 28, 2025 based
on information obtained from the persons named below, with respect to the beneficial ownership of our ordinary shares, by:

    ●
    each person
    known by us to be the beneficial owner of more than 5% of our issued and outstanding ordinary shares;

    ●
    each of our
    executive officers and directors; and

73

    ●
    all of our
    executive officers and directors as a group.

Unless
otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all of our
ordinary shares beneficially owned by them.

In
the table below, the percentage ownership is based on 8,900,900 ordinary shares (which includes ordinary shares that are underlying the
units) issued and outstanding as of March 28, 2025. The following table does not reflect record of beneficial ownership of any
ordinary shares issuable upon conversion of rights as the rights are not convertible within 60 days of this Report.

    Name and Address of Beneficial Owner(1) 
    Number of Shares Beneficially Owned  
    Approximate Percentage of Outstanding Ordinary Shares 
  
    DT Cloud Star Management Limited (our sponsor)(2) 
     1,931,900  
     21.7%
  
    Bian Fan (3) 
     —  
     — 
  
    Kenneth Lam (3) 
     —  
     — 
  
    Jiayi Liang (3) 
     —  
     — 
  
    Shaoke Li (3) 
     —  
     — 
  
    Longjiao Li (3) 
     —  
     — 
  
    Chi Zhang(3) 

    All directors and executive officers (five individuals) as a group 
     —  
     — 
  
    All initial shareholders as a group 
     1,959,500  
     21.9%
  
    All other five percent (5%)
    shareholders 

    Wolverine Asset Management LLC(4) 
     537,949  
     6.0%
  
    Hudson Bay Capital Management LP(5) 
     546,000  
     6.1%
  
    Goldman Sachs & Co. LLC(6) 
     536,