Company: SSEA
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004904
Chunk: 4

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-07-07
Form: S-1/A
Chunk 4
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 independent director nominees (which we collectively refer to as our “initial
shareholders” as further described herein), will hold in aggregate 1,437,500 ordinary shares of par value USD0.0001 each
(“ordinary shares”) or founder shares (up to 187,500 of which are subject to forfeiture depending on the extent to which
the underwriters’ over-allotment option is exercised) immediately prior to this offering.

Our sponsor paid $25,000 for
an aggregate of 1,437,500 ordinary shares, and it subsequently transferred 205,000 ordinary shares to two executive officers and three
independent director nominees at nil consideration. Because our initial shareholders acquired the founder shares at a nominal price, our
public shareholders will incur an immediate and substantial dilution upon the closing of this offering. See “Prospectus Summary - Our Initial Shareholders and Management”, “Prospectus Summary — The Offering — Initial Shares and Representative Shares and Transfer Restrictions”, “Prospectus Summary – The Offering — Limited payments to insiders,” “Prospectus Summary – The Offering — Conflicts of Interest,” “Prospectus Summary — The Offering – Limited payments to insiders”, “Risk Factors — Risks Associated with Our Business — The purchase price for the initial shares payable by our initial shareholders was $25,000, or approximately $0.017 per share. Accordingly, you will experience immediate and substantial dilution from the purchase of our ordinary shares.”, “Management- Executive Officer and Director Compensation”, and “Management-Conflicts of Interest” for further discussion on our sponsor’s and our affiliates’ securities and compensation.

The amount of compensation that
may be received by our sponsor, its affiliates, our two executive officers and three independent director nominees is summarized as follows:

| Entity/Individual                                                                      |     | Amount of Compensation to be                                                                                                                                          
 Received or Securities Issued or to be Issued                                                                                                                         |     | Consideration Paid or to be Paid                                                                                                                        |
| STARRY                                                                                 
 SEA INVESTMENT LIMITED, two executive officers and three independent director nominees |     | 1,437,500 ordinary shares (up to 187,500 of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised)(1) |     | $25,000(2)                                                                                                                                              |
| STARRY                                                                                 
 SEA INVESTMENT LIMITED                                                                 |     | 232,121                                                                                                                                                               
 private units (or 247,121 private units if the over-all