Company: SSEA
Filing Date: 2025-06-12
Form Type: S-1
Source: 0001829126-25-004429
Chunk: 283

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-06-12
Form: S-1
Chunk 283
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 their Founder Shares, private placement shares and public shares held by them in connection
with a shareholder vote to approve an amendment to the Company’s second amended and restated memorandum and articles of
association (A) to modify the substance or timing of the Company’s obligation to provide for the redemption of the
Company’s public shares in connection with an initial business combination or to redeem 100% of the public shares if the
Company has not consummated the Company’s initial business combination within the timeframe set forth therein or (B) with
respect to any other provision relating to shareholders’ rights or pre-initial business combination activity, and (iii) to
waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares and private placement
shares if the Company fails to complete its initial business combination within 15 months from the effective date of the
registration statement on Form S-1 or during any extension period (although they will be entitled to liquidating distributions from
the Trust Account with respect to any public shares they hold if the Company fails to complete the Company’s initial business
combination within the prescribed time frame) and (c) are entitled to certain registration rights to provide for the resale of such
shares under the Securities Act. If the Company submits its initial Business Combination to its public shareholders for a vote, its
founder has agreed (and its permitted transferees will agree) to vote their Founder Shares, private placement shares and any public
shares purchased during or after this offering (including in open market and privately-negotiated transactions, aside from
shares they may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be
voted in favor of approving the business combination transaction) in favor of its initial Business Combination. The other members of
the Company’s management team have entered into agreements similar to the one entered into by the Company’s Sponsor with
respect to any public shares acquired by them in or after this offering.

Furthermore, the Sponsor has agreed (A) to vote the ordinary shares underlying the private units, or “private shares,” in favor of any proposed business combination, (B) not to propose, or vote in favor of, an amendment to the Company’s post-offering amended and restated memorandum and articles of association that would stop the Company’s public shareholders from converting or selling their shares to the Company in connection with a business combination or affect the substance or timing of the Company’s obligation to redeem 100% of the public