Quarterly ResultOct 20, 2026, 05:01 PM
DT Cloud Star Acquisition Corp Reports Q3 Net Loss of $21,129
AI Summary
DT Cloud Star Acquisition Corp filed its 10-Q report for the period ending September 30, 2026, revealing a net loss of $21,129 for the quarter and $95,883 for the nine-month period. Total assets grew to $19.07 million, while liabilities also increased significantly to $2.34 million. The company has extended its deadline to complete a business combination to October 26, 2027, with the sponsor contributing $900,000 for these extensions. A business combination agreement with PrimeGen US, Inc. was signed in February 2026, but the transaction remains unconsummated.
Key Highlights
- DT Cloud Star Acquisition Corp reported a net loss of $21,129 for the three months ended September 30, 2026.
- For the nine months ended September 30, 2026, the company reported a net loss of $95,883.
- Total assets were $19,070,102 as of September 30, 2026, compared to $17,972,109 as of December 31, 2025.
- Total liabilities increased to $2,340,764 as of September 30, 2026, from $1,146,888 as of December 31, 2025.
- Cash and marketable securities held in trust were $19,042,214 as of September 30, 2026.
- The company extended its business combination deadline to October 26, 2027, with sponsor deposits totaling $900,000 for extensions.
- A Business Combination Agreement was entered into on February 2, 2026, with PrimeGen US, Inc., but has not yet been consummated.
Price Impact
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