DT Cloud Star net loss turns to $74,754 in FY26 first half; operating costs rise to $394,383

Reuters2026/08/03 21:01

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

DT Cloud Star posted a net loss of $74,754 for the six months ended June 30, 2026, swinging from net income of $1.26 million a year earlier.
Operating costs climbed to $394,383 from $223,570, while interest earned on marketable securities fell to $319,629 from $1.49 million.
Cash at bank totaled $341 at June 30, 2026; working capital deficit widened to $980,611, raising substantial doubt about going concern.
Entered a business combination agreement with PrimeGen US on Feb. 2, 2026; closing remains subject to regulatory and shareholder approvals.
5,247,491 shares were redeemed at a shareholder meeting, cutting liquidity; the SPAC plans additional promissory notes to the sponsor to fund expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DT Cloud Star Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035847), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

DT Cloud Star net loss turns to $74,754 in FY26 first half; operating costs rise to $394,383

You may also like

Crypto prices