DT Cloud Star Management Ltd - 26 Jul 2024 Form 4 Insider Report for DT Cloud Star Acquisition Corp (DTSQ)

Role
10%+ Owner
Signature
/s/ Guojian Chen, Sole Director of DT Cloud Star Management Limited
Issuer symbol
DTSQ
Transactions as of
26 Jul 2024
Net transactions value
$0
Form type
4
Filing time
26 Jul 2024, 16:40:50 UTC
Previous filing
24 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTSQ Ordinary Shares Purchase +206,900 +12% 1,931,900 26 Jul 2024 Direct F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTSQ Rights to purchase Ordinary Share Purchase +206,900 206,900 26 Jul 2024 Ordinary Shares 22,988 $0.000000 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held as units ("Units"), with each Unit consisting of one ordinary share, par value $0.0001 per share ("Ordinary Share"), of DT Cloud Star Acquisition Corporation (the "Company") and one right to receive one-ninth (1/9) of one Ordinary Share upon the consummation of an initial business combination (the "Rights"). The Units are purchased for a total price of $2,069,000 with each Unit for $10.00.
F2 Each Right will entitle the holder to receive one-ninth (1/9) of one Ordinary Share upon the consummation of the Issuer's initial business combination, as described in the Issuer's prospectus filed with the SEC.
F3 The Rights will expire upon liquidation of the Issuer if the initial business combination is not completed within the prescribed timeframe as described in the Issuer's prospectus filed with the SEC.
F4 Represents securities held of record by DT Cloud Star Management Limited, the sponsor of the Issuer. The sponsor is governed by its sole director, Mr. Guojian Chen. As such, Mr. Chen has voting and investment discretion with respect to the ordinary shares held of record by the sponsor and may be deemed to have beneficial ownership of the ordinary shares held directly by the sponsor.