Company: DTSQ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001417
Chunk: 6

Company: DT Cloud Star Acquisition Corp
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 6
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 may involve the acquisition of, or merger with, a company which
does not need substantial additional capital but which desires to establish a public trading market for its shares, while avoiding what
it may deem to be adverse consequences of undertaking a public offering itself. These include time delays, significant expense, loss
of voting control and compliance with various U.S. Federal and state securities laws. In the alternative, we may seek to consummate a
business combination with a company that may be in its early stages of development or growth. While we may seek to effect simultaneous
business combinations with more than one target business, we will probably have the ability, as a result of our limited resources, to
effect only a single business combination.

9

We
are actively seeking out a target business

Our
efforts to identify a prospective target business will not be limited to a particular industry or geographic location. Our management
team is actively seeking out potential opportunities to pursue a business combination. Completion of an initial business combination
is subject to, among other things, the negotiation and execution of a definitive agreement providing for the transaction, satisfaction
of the closing conditions included therein and approval of the transaction by our shareholders. Accordingly, there can be no assurance
that a definitive agreement will be entered into or that the proposed transaction will be consummated in the near term. Nevertheless,
we are confident that we will be able to find a target business that will meet expectations. We intend to capitalize on the strengths
and experiences of our management team to select, acquire and form a business combination that has a competitive advantage in their core
business and is positioned to bring in high returns and long-term sustainable growth.

Subject
to the limitations that a target business have a fair market value of at least 80% of the balance in the trust account (excluding any
deferred underwriting discounts and commissions and taxes payable on the income earned on the trust account) at the time of the execution
of a definitive agreement for our initial business combination, as described below in more detail, we will have virtually unrestricted
flexibility in identifying and selecting a prospective acquisition candidate. We have not established any other specific attributes or
criteria (financial or otherwise) for prospective target businesses. Accordingly, there is no basis for investors in our initial public
offering to evaluate the possible merits or risks of the target business with which we may ultimately complete a business combination.
To the extent we effect a business combination with a company or an entity in its early stage of development or growth, including