DT Cloud Star Acquisition Corp
For the period ended Dec 2, 2025. Filed Dec 2, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 2, 2025 · Filed Dec 2, 2025
Use the contents to explore the available documents and sections.
Contents
BACKGROUND
We are a blank check company incorporated in the Cayman Islands on November 29, 2022 as an exempted company with limited liability. We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.”
In November 2022, March 2023 and January 2024, an aggregate of 1,725,000 initial shares were issued to our initial shareholders for an aggregate purchase price of $25,000, or approximately $0.014 per share.
On July 26, 2024, we consummated the initial public offering of 6,900,000 units, which includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 900,000 units on July 25, 2024. Each unit consists of one ordinary share and one right. Each nine rights entitle the holder thereof to receive one ordinary share at the closing of a business combination. The units were sold at an offering price of $10.00 per unit, generating gross proceeds of $69,000,000. Simultaneously with the closing of our initial public offering on July 26, 2024, we consummated the private placement with DT Cloud Star Management Limited, our sponsor, of 206,900 units at a price of $10.00 per private unit, generating total gross proceeds of $2,069,000. A total of $69,000,000 of the net proceeds from our initial public offering were deposited in a trust account established for the benefit of our public shareholders, with Wilmington Trust National Association acting as trustee.
Our sponsor owns approximately 52.88% of our issued and outstanding ordinary shares as of November 28, 2025. The net proceeds of the IPO plus the proceeds of the sale of the private placement units were deposited in the Trust Account. As of December 1, 2025, there was approximately $18,702,079 in the trust account.
On the Record Date, 3,653,409 ordinary shares were issued and outstanding. The aggregate market value of the ordinary shares outstanding, other than shares held by persons who may be deemed affiliates of the Company, computed by reference to the closing sales price for the ordinary shares on November 28, 2025, as reported on The Nasdaq Capital Market, was approximately $10.79.
The mailing address of DT Cloud Star’s principal executive office is Office 51, 10 Fl, 31 Hudson Yards, New York, NY 10001, and its telephone number is (718) 865-2000.
You are not being asked to vote on a business combination at this time. If the Trust Amendment Proposal is approved and you do not elect to redeem your Public Shares, you will retain the right to vote on any proposed business combination if and when it is submitted to shareholders and the right to redeem your Public Shares for apro rata portion of the trust account in the event such business combination is approved and completed or the Company has not consummated a business combination by October 26, 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.