DT Cloud Star Acquisition Corp

DT Cloud Star Acquisition Corp (NASDAQ: DTSQ) is a blank-check special purpose acquisition company formed to identify and complete a merger or acquisition with a target business. It does not generate operating revenue. The company raised $69,000,000 in gross proceeds from its initial public offering of 6,900,000 units at $10.00 per unit, completed on July 26, 2024, with all IPO proceeds deposited into a trust account held by Wilmington Trust National Association. An additional $2,069,000 was raised through a simultaneous private placement of 206,900 units to sponsor DT Cloud Star Management Limited. As of December 31, 2025, the trust account held the deposited IPO proceeds in marketable securities, while the company reported cash at bank of $461 and a working capital deficit of $361,245 outside the trust. The sponsor held 52.9% of outstanding ordinary shares as of the 10-K filing date. The company has stated no restriction on target industry or geography for its initial business combination.