SCHEDULE: Goldman Sachs Discloses 1.6% Stake in DT Cloud Star
Beneficial Ownership Report
Goldman Sachs Group and its affiliate Goldman Sachs & Co. LLC have disclosed a 1.6% beneficial ownership in DT Cloud Star Acquisition Corp.
Summary
- The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC jointly reported beneficial ownership of 145,129 Ordinary Shares of DT Cloud Star Acquisition Corp.
- This ownership represents 1.6% of the class of securities, which are Ordinary Shares with a par value of $0.0001 per share.
- Both reporting persons hold shared voting power and shared dispositive power over all 145,129 shares.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a change in previously reported ownership or filing status.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: This is a neutral, factual disclosure of beneficial ownership, typical for a Schedule 13G filing. It does not contain information that would inherently sway sentiment positively or negatively.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.
Industry Context
This filing is a routine disclosure of institutional ownership, common in the financial industry, and does not provide specific insights into broader industry trends or competitive landscape beyond the fact of Goldman Sachs' investment in a SPAC.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Update | The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC updated their Powers of Attorney, appointing new individuals as attorneys-in-fact for SEC filings, superseding previous authorizations. | 2025-07-16 | This is an administrative update to internal legal authorizations for filing purposes and does not directly impact the corporate governance of DT Cloud Star Acquisition Corp. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which could be viewed as a vote of confidence, though the percentage is relatively small.
Key Dates
| Date | Description |
|---|---|
| 2024-07-29 | Previous Power of Attorney granted by The Goldman Sachs Group, Inc. was superseded. |
| 2024-10-01 | Previous Power of Attorney granted by Goldman Sachs & Co. LLC was superseded. |
| 2025-07-16 | Date of subscription for the current Powers of Attorney for both The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. |
| 2025-09-30 | Date of event which required the filing of this statement. |
| 2025-10-08 | Date of filing of this Schedule 13G Amendment No. 1 and Joint Filing Agreement. |
| 2026-07-16 | Expiration date of the current Powers of Attorney. |
Keywords
Goldman Sachs, DT Cloud Star Acquisition Corp, Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing, Investment, Institutional Ownership
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