Company: QSEA
Filing Date: 2025-02-24
Form Type: S-1
Source: 0001829126-25-001168
Chunk: 192

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-24
Form: S-1
Chunk 192
---
                 |   - | % |     |                 |         - |    |     |                 |     - | % |
| Daniel                                                    
 M. McCabe                                                 |     |                    |         - |     |                 |   - |   |     |                 |         - |    |     |                 |     - |   |
| Qi                                                        
 Gong(5)                                                   |     |                    | 2,415,000 |     |                 | 100 | % |     |                 | 2,345,000 | -3 |     |                 | 28.10 | % |
| All                                                       
 officers and director nominees as a group (4 individuals) |     |                    | 2,415,000 |     |                 | 100 | % |     |                 | 2,345,000 |    |     |                 | 28.10 | % |

| (1) | Unless otherwise noted, the business address of each of the following entities or individuals is 1185 Avenue of the Americas, Suite 304, New York, NY 10036. |
| (2) | These shares represent the founder shares, an aggregate of 315,000                                                                                           
 of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is not exercised                                 
 in full or in part.                                                                                                                                          |
| (3) | Assumes no exercise of the over-allotment option and, therefore,                                                                                             
 an aggregate of 315,000 ordinary shares are forfeited. Includes 245,000 ordinary shares underlying the private units to be purchased                         
 by Blue Jay Investment LLC simultaneously with the consummation of this offering.                                                                            |
| (4) | Ms. Qi Gong has voting and dispositive power over the shares owned by Blue Jay Investment LLC.                                                               |
| (5) | Represents the shares owned by Blue Jay Investment LLC, a Delaware limited liability company, which is controlled by Ms. Gong.                               |

<div align='center'>124</div>

Immediately after this offering, our initial shareholders
will beneficially own 35% of the then-issued and outstanding ordinary shares (excluding the private shares and assuming they do not purchase
any public units in this offering). If we increase or decrease the size of the offering, we will effect a share dividend or a share contribution
back to capital or other appropriate mechanism, as applicable, with respect to our founder shares immediately prior to the consummation
of the offering in such amount as