Company: FSTWF
Filing Date: 2025-07-22
Form Type: F-1/A
Source: 0001213900-25-066660
Chunk: 55

Company: FST Corp.
Filing Date: 2025-07-22
Form: F-1/A
Chunk 55
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 of non-redeemable ordinary shares |     |      | 3,250,000 |   |     |     |          — |   |     |             | —      |   |     |    |   |     |           |          — |   |
| Basic and diluted net loss per Non-redeemable ordinary shares         |     | $    |     (0.47 | ) |     | $   |          — |   |     | $           | —      |   |     |    |   |     | $         |          — |   |

Adjustments to Unaudited Pro Forma Combined Consolidated Statement of Operations The Transaction Accounting Adjustments to the unaudited combined consolidated pro forma statements of operations consist of the following: (1)Reflects the change in fair value of OET derivative liability between December 31, 2024 and January 15, 2025, detail please refer to Note 6 of financial statements of FST Ltd. (formerly Chenghe Acquisition I Co.). (2)Represents an adjustment to eliminate trust interest income. Given the cash in Trust Account has been released after this Transaction, the nonrecurring interest income is reflected at adjustment.

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Net loss per share The unaudited pro forma combined consolidated basic and diluted earnings per share calculations are based on the sum of the historical SPAC weighted average number of redeemable shares outstanding of 1,779,813, converted SPAC public shares of 700,000 and non -redeemableshares outstanding of 2,550,000 for the year ended December 31, 2024 adjusted by approximately 39,736,190 consideration shares estimated, derived from the shares outstanding and weighted average shares outstanding as presented in the pro forma combined consolidated financial statements (after rounding adjustment). For the purposes of calculating the weighted average number of shares of Company ordinary shares outstanding, the effects of outstanding warrants and exchangeable units to purchase ordinary shares and employee share option plans were not considered in the calculation of diluted loss per share, since the inclusion of such warrants and options would be anti -dilutive.

|                                                              |     |  Adjustment 
  for Merger 
 Assuming No 
 Redemptions |
| Weighted average shares of redeemable ordinary share         |     |   1,779,813 |
| Weighted average outstanding converted SPAC Public Shares    |     |     700,000 |
| Weighted average outstanding shares of non-redeemable shares |     |