Company: QSEA
Filing Date: 2025-03-20
Form Type: 8-K
Source: 0001829126-25-001935
Chunk: 0

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-20
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item 1.01 Entry into a Material Definitive Agreement.

On March 19, 2025, Quartzsea
Acquisition Corporation (the “ Company”) consummated its initial public offering (the “ IPO”) of 7,200,000 units
(the “ Units”). In connection with the closing of the IPO, the underwriter fully exercised its over-allotment option to purchase
1,080,000 additional Units (the “ OA Option”) for an aggregate of 8,280,000 Units sold. Each Unit consists of one ordinary
share, par value $0.0001 per share, of the Company (the “ Ordinary Shares”) and one right to receive one-fifth (1/5) of one
Ordinary Share upon the consummation of the Company’s initial business combination the (Rights”). The Units were sold at an
offering price of $10.00 per Unit, generating total gross proceeds of $82,800,000.

In connection therewith and the closing of the IPO, the Company entered into the following agreements, the forms of which were previously filed as exhibits to the Company’s Registration Statement on Form S-1, as amended (File No. 333- 285152) related to the IPO, originally filed with the U. S. Securities and Exchange Commission (the “ Commission”) on February 24, 2025 (the “ Registration Statement”) and declared effective by the Commission on March 14, 2025:

  Underwriting                                                                                                                         
  Agreement, dated March 17, 2025, by and between the Company and SPAC Advisory Partners (the “ Underwriting Agreement”),              
  a copy of which is filed as Exhibit 1.1 hereto and incorporated herein by reference;                                                 
  Rights                                                                                                                               
  Agreement, dated March 18, 2025, by and between the Company and Continental Stock Transfer & Trust Company, as rights                
  agent, a copy of which is filed as Exhibit 4.1 hereto and incorporated herein by reference;                                          
  Letter                                                                                                                               
  Agreement, dated March 17, 2025, by and among the Company, its officers and directors, and Blue Jay Investment LLC (the              
  “ Sponsor”), a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference;                                   
  Investment                                                                                                                           
  Management Trust Agreement, dated March 17, 2025, by and between the Company and Continental Stock Transfer