Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 147

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 147
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 |       |  5.70 | % |
| Miscellaneous                                                                                                                               |     | $      |    42,500 |     |       |  4.04 | % |
| Total                                                                                                                                       |     | $      | 1,052,500 |     |       |   100 | % |

| (1) | A portion of the offering                                                                                                              
 expenses will be paid from the proceeds of a loan from our Sponsor up to $500,000 as described in this prospectus. This amount will    
 be repaid upon completion of this offering out of the $60,000,000 of offering proceeds that has been allocated for the payment of      
 offering expenses (other than underwriting commissions) and amounts not to be held in the trust account. In the event that offering    
 expenses are less than set forth in this table, any such amounts will be used for post-closing working capital expenses. In the event  
 that the offering expenses are more than as set forth in this table, we may fund such excess with funds not held in the trust account. |

| (2) | This represents the estimated costs and the discounts. |

| (3) | These expenses are estimates only. Our actual expenditures for some or all of these items may differ from the estimates set forth herein. For example, we may incur greater legal and accounting expenses than our current estimates in connection with negotiating and structuring our initial business combination based upon the level of complexity of that business combination. We do not anticipate any change in the categories of our intended use of proceeds. |

<div align='center'>92</div>

Our Sponsor has committed to purchase an aggregate
of 218,250 private units (or 225,000 private units if the underwriters’ over-allotment option is exercised in full) at $10.00 per
private unit for a total purchase price of $2,182,500 (or $2,250,000 if the underwriters’ over-allotment option is exercised in
full) from us. All of the proceeds we receive from these purchases will be placed in the trust account described below. We are not permitted
to use the proceeds placed in the trust account and the interests earned thereon to pay any excise taxes or any other similar fees or
taxes in nature that may be imposed on the Company pursuant to any current, pending or future rules or laws.

$60,000,000, or $69,000,000 if the over-allotment