DTSQU — what changed in the latest 10-Q
A section-by-section comparison of DTSQU's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-08 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +8 | −5 | ~6 | 15 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Restated in full this quarter | +1 | 0 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-08
We initially have 15 months from the closing of our initial public offering to consummate our initial business combination. On October 22, 2025, we entered into an amendment to the Investment Management Trust Agreement (the “Trust Agreement”), with Wilmington Trust National Association. Pursuant to …
For the three months ended March 31, 2026, cash provided by operating activities was $1,195, primarily due to payments made by the sponsor, which offset the Company’s operating expenditures during the period. As of March 31, 2026, we had cash at bank of $1,656.
On February 2, 2026, we entered into a Business Combination Agreement (the “BCA”) with PrimeGen US, Inc. and certain other parties, pursuant to which we intend to consummate our initial business combination through a series of merger transactions. Management believes that the consummation of the pro…
Additionally, during the shareholder meeting, a total of 5,247,491 shares of common stock were tendered for redemption. This redemption of public shares resulted in a significant reduction in the number of outstanding public shares and has impacted the Company’s available liquidity. Management is ac…
The redemption of public shares, together with the extension of the business combination deadline, provides the Company with additional time to pursue suitable acquisition targets. However, the redemption activity has reduced the amount of cash available outside of the Trust Account, and any further…
Text removed vs the prior filing · source: 10-Q · 2025-11-05
For the nine months ended September 30, 2025, cash used in operating activities was $391,312, primarily due to prepayment of formation and operational costs. As of September 30, 2025, we had cash at bank of $20,117.
On October 23, 2025, we issued an unsecured promissory note to the Sponsor, pursuant to which we borrowed up to an aggregate principal amount of $75,000, in exchange for Sponsor depositing such amount into the our trust account in order to extend the amount of time it has available to complete a bus…
We have neither engaged in any operations nor generated any revenue to date. Our entire activity since inception through September 30, 2025 related to our formation, the preparation for the initial public offering, and since the closing of the initial public offering, the search for a prospective in…
For the three months ended September 30, 2025, we had net income of $582,964, which consisted of operating costs of $169,080, offset by interest and dividends earned on marketable securities held in the operating account and Trust Account of $752,044. For the nine months ended September 30, 2025, we…
For the three months ended September 30, 2024, we had a net income of $526,781, which consisted of operating costs of $127,361. For the nine months ended September 30, 2024, we had a net income of $474,123, which consisted of operating costs of $180,019, offset by interest and dividends earned on ma…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-08
On April 6, 2026, we received a Nasdaq deficiency notice related to non-compliance with the minimum public shareholder requirement under Listing Rule 5450 (a)(2). If the Company are unable to regain compliance within the allowed grace period, Nasdaq may initiate delisting proceedings against our ord…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice