What changed in this filing

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Item 1. Financial Statements

2026-05-08 compared with 2025-11-05 · 178 added, 260 removed, 540 unchanged (45% of the section changed)

1 unchanged sentence

CLOUD STAR ACQUISITION CORPORATION

September 30, 2025

December 31, 2024

current assets

Prepaid expenses

Total current assets

Marketable securities held in trust

LIABILITIES AND SHAREHOLDERS’ DEFICIT

and marketable securities held in trust

AND SHAREHOLDERS’ DEFICIT

due to Sponsor

Current Liabilities

Accrued liabilities and other payable

Amount due to Sponsor

Total Current Liabilities

Deferred underwriting compensation

TOTAL LIABILITIES

Commitments and contingencies (Note 7)

Ordinary shares subject to possible redemption, 6,900,000 shares (at redemption price of $ 10.53 and $ 10.21 per share as of September 30, 2025 and December 31, 2024, respectively)

Shareholders’ deficit:

Ordinary shares, par value $ 0.0001 per share;

underwriting compensation

and contingencies (Note 7)

Ordinary shares subject

to possible redemption, 1,652,509 shares (at redemption price of $ 11.05 and $ 10.82 per share) as of March 31,2026 and December 31,

2025, respectively

Shareholders’

Ordinary shares,

par value $ 0.0001 per share;

500,000,000 shares authorized;

2,000,900 shares issued and outstanding at September 30, 2025 and December 31, 2024

Accumulated deficit

Total Shareholders’ deficit

TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT

2,000,900 and 2,000,900 shares issued and outstanding as of March 31,2026

and December 31, 2025, respectively

paid-in capital

Share capital receivable

( 1,544,750 )

( 1,051,445 )

Shareholders’ deficit

( 1,544,550 )

( 1,051,245 )

LIABILITIES AND SHAREHOLDERS’ DEFICIT

accompanying notes to the unaudited financial statements.

1 unchanged sentence

STATEMENTS OF OPERATIONS

For the Three Months Ended

September 30,

For the Nine Months Ended

September 30,

Operating expenses:

Formation and operating costs

$ ( 139,080 )

$ ( 107,361 )

the Three Months Ended March 31,

and operating costs

$ ( 238,316 )

and administrative expenses

from operations

from operating account

and dividends earned in Trust Account

gained on marketable securities held in Trust Account

INCOME (LOSS)

$ ( 110,289 )

General and administrative expenses

Loss from operations

Other income:

Interest from operating account

Interest and dividends earned in Trust Account

Unrealized gained on marketable securities held in Trust Account

Total other income

Basic and diluted weighted average shares outstanding

Redeemable ordinary shares, basic and diluted

and diluted weighted average shares outstanding

ordinary shares, basic and diluted

Non-redeemable

ordinary shares, basic and diluted

Redeemable ordinary shares, basic and diluted net income per share

Non-redeemable ordinary shares, basic and diluted net loss per share

ordinary shares, basic and diluted net income per share

Non-redeemable

ordinary shares, basic and diluted net loss per share

accompanying notes to unaudited financial statements.

1 unchanged sentence

STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT

For the Nine Months Ended September 30, 2025

Ordinary Shares

the Three Months Ended March 31, 2026

Shareholders’

Balance as of December 31, 2024

$ ( 350,476 )

$ ( 350,276 )

Subsequent measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

Net income for the period

Balance as of March 31, 2025

$ ( 457,898 )

$ ( 457,698 )

Subsequent measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

Net income for the period

Balance as of June 30, 2025

$ ( 568,559 )

as of December 31, 2025

$ ( 1,051,445 )

Subsequent measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

Net income for the period

Balance as of September 30, 2025

$ ( 1,051,245 )

measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

measurement of ordinary shares subject to possible redemption (additional funding for business combination extension)

Loss for the period

as of March 31, 2026

$ ( 1,544,750 )

For the Nine Months Ended September 30, 2024

Ordinary Shares

Share Capital

Shareholders’ Equity

Balance as of December 31, 2023

Net loss for the period

Balance as of March 31, 2024

Net loss for the period

Balance as of June 30, 2024

Sale of units in initial public offering, net of offering costs

Receive the Payment of Share capital receivable from sponsor related party

Sale of shares to sponsor in private placement

Issuance of representative shares

Ordinary shares subject to possible redemption

$ ( 1,544,550 )

the Three Months Ended March 31, 2025

Shareholders’

as of December 31, 2024

$ ( 350,476 )

$ ( 350,276 )

Allocation of offering costs to common stock subject to redemption

Subsequent measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

Accretion of carrying value to redemption value

$ ( 350,476 )

$ ( 350,276 )

Net income for the period

measurement of ordinary shares subject to possible redemption (interest earned and unrealized gain on Trust Account)

income for the period

Net income (loss)

as of September 30, 2024

as of March 31, 2025

$ ( 457,898 )

5 unchanged sentences

STATEMENTS OF CASH FLOWS

For the Nine Months Ended

September 30,

Cash flows from operating activities:

Adjustments to reconcile net income to net cash used in operating activities:

Amortization of prepaid expenses

Interest and dividend income earned in cash and investments held in Trust Account

( 2,231,317 )

Change in operating assets and liabilities:

Prepaid expenses

Accrued liabilities and other payables

Amount due to Sponsor

Net cash used in operating activities

Cash flows from investing activities:

Investment of cash in Trust Account

( 69,000,000 )

Net cash used in investing activities

( 69,000,000 )

Cash flows from financing activities:

Proceeds from issuance of Founder Shares to Sponsor

Sale of units to the founder in private placement

Proceeds from issuance of promissory note

Proceeds from sale of units

Payment of offering costs

( 1,485,819 )

Payment of promissory note to Sponsor

Net cash generated from financing activities

Net change in Cash

Cash at beginning of period

Cash and cash equivalents at end of year/period

Non-cash investing and financing activities

Deferred underwriting compensation

Initial value of ordinary share subject to possible redemption

Reclassification of offering costs related to public shares

flows from operating activities:

income (loss)

$ ( 110,289 )

Subsequent measurement of ordinary shares subject to redemption against additional paid-in capital (“APIC”) and accumulated deficit

Subsequent measurement of ordinary shares subject to redemption (interest and dividends earned in Trust Account)

Representative shares issued to underwriter

to reconcile net income (loss) to net cash used in operating activities:

and dividend income earned in cash and investments held in Trust Account

in operating assets and liabilities:

expense and other liabilities

due to Sponsor

cash provided by(used in) operating activities

flows from investing activities:

contributions deposited into Trust Account

cash used in investing activities

flows from financing activities:

from promissory note - related party

cash provided by financing activities

change in Cash

at beginning of period

and cash equivalents at end of period

accompanying notes to unaudited financial statements.

51 unchanged sentences

Offering, subject to applicable law.

balances in the Trust Account as of September 30, 2025 and December 31, 2024 were $ 72,694,104 and $ 70,456,287 , respectively.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

balances in the Trust Account as of March 31, 2026 and December 31, 2025 were $ 18,259,482 and $ 17,876,466 , respectively.

Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering

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information as would be included in a proxy statement with the SEC prior to completing a Business Combination.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

Sponsor and any of the Company’s officers or directors that may hold Founder Shares (as described in Note 5) (as defined the “initial

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shares (the “Extension Payment”) for each one-month extension.

On October 23, 2025, the Company deposited the initial payment of $ 75,000 in the Trust Account, to initially extend

the date by which the Company can complete an initial business combination by one month to November 26, 2025.

On October 23, 2025, the Company deposited the initial payment

of $ 75,000 in the Trust Account, to initially extend the date by which the Company can complete an initial business combination by one

month to November 26, 2025.

As of March 31, 2026, the Company further extended the time to consummate our initial business combination

to March 26, 2026.

the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except

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or to monies held in the Trust Account.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

February 2, 2026, the Company entered into a Business Combination Agreement (the “BCA”) with DTSQ Purchaser Inc., a Delaware

corporation and our wholly owned subsidiary (“Purchaser”), DTSQ Merger Sub Inc., a Delaware corporation and our wholly owned

subsidiary (“Merger Sub”), and PrimeGen US, Inc., a Delaware corporation (the “Target”).

Pursuant to the BCA,

subject to the terms and conditions set forth therein, at the closing of the transactions contemplated by the BCA (the “Closing”),

(i) the Company shall merge with and into the Purchaser (the “Redomestication Merger”), with Purchaser surviving the Redomestication

and (ii) at least one business day subsequent to the consummation of the Redomestication Merger, Merger Sub shall merge with

and into the Company (the “Acquisition Merger” and together with the Redomestication Merger, the “Mergers”),

with the Target surviving the Acquisition Merger (the “Surviving Corporation”).

As of the date of issuance of these financial

statements, the business combination contemplated by the BCA has not been consummated.

to the BCA, (a) at the effective time of Redomestication Merger (the “Redomestication Merger Effective Time”), (i) all the

issued and outstanding units of DT Cloud Star (the “Parent Units”) immediately prior to the Redomestication Merger Effective

Time will separate into their individual components of the ordinary share of DT Cloud Star (the “Parent Ordinary Share”)

and the rights of DT Cloud Star (the “Parent Rights”) and will cease separate existence and trading, and (ii) each issued

and outstanding Parent Right immediately prior to the Redomestication Merger Effective Time shall be converted into one right of the

Purchaser to receive one-ninth (1/9) of one share of Class A common stock of the Purchaser (the “Purchaser Class A Common Stock”);

(b) at the Redomestication Merger Effective Time, each issued and outstanding Parent Ordinary Share, other than certain excluded shares

and dissenting shares, immediately prior to the Redomestication Merger Effective Time shall be converted automatically into one share

of Purchaser Class A Common Stock;

and (c) at the Redomestication Merger Effective Time, Purchaser shall issue warrants to purchase a

total of an additional 1,931,900 shares of Purchaser Class A Common Stock (the “Non-Redemption Warrants”) to (x) those DT

Cloud Star public shareholders which, as of a time immediately prior to the Redomestication Merger Effective Time, have not tendered

their Parent Ordinary Shares in the redemption and (y) all other holders of Parent Ordinary Shares immediately prior to the Redomestication

Merger (including, without limitation, the sponsor, other insiders and holders of other Parent Ordinary Shares that are not public Parent

Ordinary Shares) (each, an “Eligible Warrant Recipient”).

the effective time of the Acquisition Merger (the “Acquisition Merger Effective Time”), Purchaser will issue to Company stockholders

an aggregate number of Purchaser Class A Common Stock valued at the “Purchase Price,” calculated as (a) $ 1,489,800,000 less

(b) adjustments for outstanding Company warrants (the “Company Warrant”) and Company stock options (the “Company Stock

Option”) based on the redemption price less applicable exercise prices.

Each share of Purchaser common stock (the

“Purchaser Common Stock”) is valued at the redemption price.

Each Company stockholder will receive its pro rata share of

this “Merger Consideration,” with holders of Company Class A Common Stock (the “Company Class A Common Stock”)

receiving Purchaser Class A Common Stock and holders of Company Class B common stock (the “Company Class B Common Stock”)

receiving Purchaser Class B common stock (the “Purchaser Class B Common Stock”).

the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except

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shares (the “Extension Payment”) for each one-month extension.

On October 23, 2025, the Company deposited the initial payment of $ 75,000

in the Trust Account, to initially extend the date by which the Company can complete an initial business combination by one month to November

On October 23, 2025, the Company deposited the initial payment

of $ 75,000 in the Trust Account, to initially extend the date by which the Company can complete an initial business combination by one

month to November 26, 2025.

As of March 31, 2026, the Company further extended the time to consummate our initial business combination

to March 26, 2026.

the Company is unable to consummate the Company’s initial Business Combination by October 26, 2026 (unless further extended), the

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of the uncertainty.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

2 – SIGNIFICANT ACCOUNTING POLICIES

2 unchanged sentences

GAAP and pursuant to the rules and regulations of the SEC.

accompanying unaudited financial statements as of September 30, 2025, and for the three and nine months ended September 30, 2025 have

been prepared in accordance with U.S.

accompanying unaudited financial statements as of March 31, 2026, and for the three months ended March 31, 2026 have been prepared in

accordance with U.S.

GAAP for interim financial information and Article 8 of Regulation S-X.

In the opinion of management,

all adjustments considered for a fair presentation have been included.

Operating results for the three and nine months ended September

30, 2025 are not necessarily indicative of the results that may be expected for the period ending December 31, 2025, or any future period.

In the opinion of management, all adjustments

considered for a fair presentation have been included.

Operating results for the three months ended March 31, 2026 are not necessarily

indicative of the results that may be expected for the period ending December 31, 2026, or any future period.

Growth Company

26 unchanged sentences

significantly from those estimates.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

and Cash Equivalent

Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.

The Company had $ 20,117 and $ 411,429 in cash as of September 30, 2025 and December 31, 2024, respectively.

The Company had $ 1,656 and $ 461 in cash as of March 31, 2026 and December 31, 2025, respectively.

Securities Held in Trust Account

7 unchanged sentences

market information.

The Company had $ 72,694,104 and $ 70,456,287 of marketable securities held in the Trust Account as of September 30,

The Company had $ 18,259,482 and $ 17,876,466 of marketable securities held in the Trust Account as of March 31, 2026

and December 31, 2025, respectively.

the three and nine months ended September 30, 2025, interest and dividends earned in the Trust Account amounted to $ 751,452 and $ 2,231,317 ,

of which $ 509,966 and $ 1,989,831 was reinvested in the Trust Account, $ 241,486 and $ 241,486 was recognized as unrealized gain on investments

held in the Trust Account.

During the year ended December 31, 2024, interest and dividends earned in the Trust Account amounted to $ 1,456,287 ,

of which $ 1,192,603 was reinvested in the Trust Account, $ 263,684 was recognized as unrealized gain on investments held in the Trust

the three months ended March 31, 2026, interest and dividends earned in the Trust Account amounted to $ 158,016 , of which $ 103,332 was

reinvested in the Trust Account, $ 54,684 was recognized as unrealized gain on investments held in the Trust Account.

During the three

months ended March 31, 2025, interest and dividends earned in the Trust Account amounted to $ 737,706 , of which $ 484,684 was reinvested

in the Trust Account, $ 253,022 was recognized as unrealized gain on investments held in the Trust Account.

Costs Associated with the Initial Public Offering

18 unchanged sentences

of uncertain future events.

Accordingly, as of September 30, 2025, ordinary shares subject to possible redemption are presented at redemption

Accordingly, as of March 31, 2026, ordinary shares subject to possible redemption are presented at redemption

value as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet.

5 unchanged sentences

held in trust, were also recognized in redemption value against additional paid-in capital and accumulated deficit immediately.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

taxes are determined in accordance with the provisions of Accounting Standards Codification Topic 740, “ Income Taxes ”

13 unchanged sentences

There were no unrecognized tax benefits

and no amounts accrued for interest and penalties as of September 30, 2025 and December 31, 2024.

The Company is currently not aware

of any issues under review that could result in significant payments, accruals or material deviation from its position.

and no amounts accrued for interest and penalties as of March 31, 2026 and December 31, 2025.

The Company is currently not aware of any

issues under review that could result in significant payments, accruals or material deviation from its position.

Company may be subject to potential examination by foreign taxing authorities in the area of income taxes.

18 unchanged sentences

corporation” as a listed Company in Nasdaq.

The management team has evaluated the IR Act as of September 30, 2025 and does not

believe it would have a material effect on the Company, and will continue to evaluate its impact.

The management team has evaluated the IR Act as of March 31, 2026 and does not believe

it would have a material effect on the Company, and will continue to evaluate its impact.

Income (Loss) per Share

7 unchanged sentences

dividends paid to the public stockholders.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

calculation of diluted income (loss) per ordinary shares does not consider the effect of the rights issued in connection with the (i)

Initial Public Offering, and (ii) the private placement since the exercise of the rights are contingent upon the occurrence of future

As of September 30, 2025, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised

As of March 31, 2026, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised

or converted into ordinary shares in the earnings of the Company.

2 unchanged sentences

net income (loss) per share presented in the statement of operations is based on the following:

SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

For the Three

September 30, 2025

For the Three

September 30, 2024

Remeasurement to redemption value

( 8,858,237 )

Interest and dividends earned in Trust Account to be allocated to redeemable shares

Net loss excluding investment income in Trust Account

( 8,980,920 )

September 30, 2025

September 30, 2024

Remeasurement to redemption value

OF BASIC AND DILUTED NET LOSS PER SHARE

income (loss)

$ ( 110,289 )

Interest and dividends earned in Trust Account to be allocated to redeemable shares

( 2,231,317 )

Net loss excluding investment income in Trust Account

( 9,033,578 )

Non-Redeemable

For the Three Months Ended

September 30, 2025

September 30, 2024

Non-Redeemable

Ordinary Share

Basic and Diluted net income (loss) per share:

Allocation of net losses

$ ( 130,612 )

$ ( 2,452,307 )

$ ( 6,528,613 )

Interest and dividends earned in Trust Account

Accretion of temporary equity

Allocation of net income (loss)

$ ( 2,452,307 )

Denominators:

Weighted-average shares outstanding

Basic and diluted net income (loss) per share

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

loss excluding investment income in Trust Account

Non-Redeemable

For the Nine Months Ended

September 30, 2025

September 30, 2024

the Three Months Ended For

the Three Months Ended

31, 2026 March

Non-Redeemable

Ordinary Share

Basic and Diluted net income (loss) per share:

Allocation of net losses

and diluted net income (loss) per share:

of net losses

$ ( 146,945 )

$ ( 121,360 )

and dividends earned in Trust Account

of net income (loss)

$ ( 146,945 )

Interest and dividends earned in Trust Account

Accretion of temporary equity

Allocation of net income (loss)

income (loss)

$ ( 146,945 )

Denominators:

Weighted-average shares outstanding

Basic and diluted net income (loss) per share

Weighted-average

shares outstanding

and diluted net income (loss) per share

which can be a corporation or individual, are considered to be related if either the Company or the other party have the ability, directly

13 unchanged sentences

effect on the Company’s unaudited financial statements.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

3 – INITIAL PUBLIC OFFERING

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(i.e., a reduction to retained earnings, or in absence of retained earnings, additional paid-in capital).

of September 30, 2025, the ordinary shares reflected in the balance sheet are reconciled in the following table:

SCHEDULED OF COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION

Gross proceeds from public shares

Proceeds allocated to public rights

of March 31, 2026, the ordinary shares reflected in the balance sheet are reconciled in the following table:

OF COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION

proceeds from Public Shares

allocated to public rights

( 6,900,000 )

Allocation of offering costs related to ordinary shares

of offering costs related to ordinary shares

( 1,958,237 )

Accretion of carrying value to redemption value

Subsequent measurement of ordinary shares subject to possible redemption (interest and dividends earned in Trust Account)

Ordinary shares subject to possible redemption (plus any interest and dividends earned in the Trust Account)

the redeemable ordinary shares held by Shareholder

( 55,413,505 )

of carrying value to redemption value

measurement of ordinary shares subject to possible redemption (interest and dividend earned in Trust Account)

measurement of ordinary shares subject to possible redemption (additional funding for business combination extension)

shares subject to possible redemption (plus any interest and dividends earned in the Trust Account)

4 – PRIVATE PLACEMENT

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and transfer restrictions.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

5 – RELATED PARTY TRANSACTIONS

4 unchanged sentences

Representative

July 26, 2024, the Company issued 69,000 ordinary shares of $ 0.0001 par value each to A.G.P/Alliance Global Partners (“A.G.P.”)

(hereafter – the Representative Shares), at the closing of the IPO as part of representative compensation.

The shares were accounted

for as of July 26, 2024, and received by A.G.P.

July 26, 2024, the Company issued 69,000 ordinary shares of $ 0.0001 par value each to A.G.P/Alliance Global Partners (“A.G.P.”)(hereafter

– the Representative Shares), at the closing of the IPO as part of representative compensation.

The shares were accounted for as

of July 26, 2024, and received by A.G.P.

July 26, 2024, the Company consummated the sale of 206,900 Private Placement Units at a price of $ 10.00 per Private Placement Unit in

17 unchanged sentences

the amount of time it has available to complete a Business Combination.

of September 30, 2025 and December 31, 2024, the principal amount due and owing under the Promissory Note were nil, respectively.

of March 31, 2026 and December 31, 2025, the principal amount due and owing under the Promissory Note were nil , respectively.

to Related Party

of September 30, 2025 and December 31, 2024, the Company had a temporary payable of $ 84,500 and $ 84,500 to the Sponsor, respectively.

The balance is unsecured, interest-free and has no fixed terms of repayment.

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

of March 31, 2026 and December 31, 2025, the Company had a temporary payable of $ 912,644 and $ 384,050 to the Sponsor, respectively.

balance is unsecured, interest-free and has no fixed terms of repayment.

Administrative

Services Arrangement

affiliate of the Sponsor will agree that, commencing from the date that the Company’s securities are first listed on NASDAQ through

the earlier of the Company’s consummation of a Business Combination and its liquidation, to make available to the Company certain

general and administrative services, including office space, administrative and support services, as the Company may require from time

The Company has agreed to pay the affiliate of the Sponsor $ 10,000 per month for these services commencing on the closing date

of the initial public offering for 15 months.

For the three and nine months ended September 30, 2025, the Company incurred $ 30,000 and

$ 90,000 for these services in total, included in General and administrative expenses.

For the three and nine months ended September 30,

2024, the Company incurred $ 20,000 and $ 20,000 for these services in total.

During the nine months ended September 30, 2025 and 2024,

we paid administrative expense of $ 90,000 and $ nil , respectively.

affiliate of the Sponsor will agree that, commencing from the date that the Company’s securities are first listed on NASDAQ

through the earlier of the Company’s consummation of a Business Combination and its liquidation, to make available to the

Company certain general and administrative services, including office space, administrative and support services, as the Company may

require from time to time.

The Company has agreed to pay the affiliate of the Sponsor $ 10,000

per month for these services commencing on the closing date of the initial public offering for 15 months.

For the three months ended

March 31, 2026 and 2025, the Company incurred $ 30,000

and $ 30,000 for

these services in total, included in general and administrative expenses.

Capital Loans

12 unchanged sentences

price of $ 10.00 per unit.

As of September 30, 2025 and December 31, 2024, the principal amount due under the Working Capital Loan was

nil and nil .

As of March 31, 2026 and December 31, 2025, the principal amount due under the Working Capital Loan was nil .

6 – SHAREHOLDERS’ DEFICIT

2 unchanged sentences

shares are entitled to one vote for each share.

of September 30, 2025, there were 2,000,900 ordinary shares issued and outstanding, excluding 6,900,000 ordinary shares subject to possible

of March 31, 2026, there were 2,000,900 ordinary shares issued and outstanding, excluding 1,652,509 ordinary shares subject to possible

— Each holder of a right will receive one-ninth (1/9) ordinary share upon consummation of a Business Combination, even if the

12 unchanged sentences

by affiliates of the Company).

CLOUD STAR ACQUISITION CORPORATION

TO UNAUDITED FINANCIAL STATEMENTS

7 – COMMITMENTS AND CONTINGENCIES

36 unchanged sentences

OF FAIR VALUE MEASUREMENTS

At September 30, 2025

Money Market Funds (marketable securities held in Trust Account)

At December 31, 2024

Money Market Funds (marketable securities held in Trust Account)

9 – SUBSEQUENT EVENTS

On October 22, 2025, the Company entered into an amendment (the “Trust Amendment”) to the Investment

Management Trust Agreement (the “Trust Agreement”), with Wilmington Trust National Association.

Pursuant to the Trust Amendment,

the Company has the right to extend the time for it to complete its Business Combination (the “Combination Period”) under

the Trust Agreement for a period for 12 months from October 26, 2025 to October 26, 2026 by depositing into the Trust Account $ 75,000

for all remaining public shares (the “Extension Payment”) for each one-month extension.

On October 23, 2025, the Company issued

an unsecured promissory note to the Sponsor, pursuant to which the Company borrowed up to an aggregate principal amount of $ 75,000 , in

exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the amount of time it has available

to complete a Business Combination.

Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements

were filed, unless as disclosed elsewhere and above,

there was no other material subsequent events occurred that would require recognition or disclosure in the Group’s consolidated

financial statements.

March 31, 2026

Market Funds (marketable securities held in Trust Account)

December 31, 2025

Market Funds (marketable securities held in Trust Account)

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements