Company: QSEA
Filing Date: 2025-03-11
Form Type: S-1/A
Source: 0001829126-25-001676
Chunk: 247

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-11
Form: S-1/A
Chunk 247
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 price of the units in the open market     
 after pricing that could adversely affect investors who purchase in the offering.                                                    |

| ● | To close a covered short position,                                                                                                    
 the underwriters must purchase units in the open market after the distribution has been completed or must exercise the over-allotment 
 option. In determining the source of units to close the covered short position, the underwriters will consider, among other things,   
 the price of units available for purchase in the open market as compared to the price at which they may purchase units through the    
 over-allotment option.                                                                                                                |

| ● | Stabilizing transactions involve bids                                                
 to purchase units so long as the stabilizing bids do not exceed a specified maximum. |

Purchases to cover short positions and stabilizing
purchases, as well as other purchases by the underwriters for their own account, may have the effect of preventing or retarding a decline
in the market price of the units. They may also cause the price of the units to be higher than the price that would otherwise exist in
the open market in the absence of these transactions. The underwriters may conduct these transactions in the over-the-counter market
or otherwise.

Neither we, nor any of the underwriters make any
representation or prediction as to the direction or magnitude of any effect that the transactions described above may have on the price
of our public shares. The underwriters are not obligated to engage in these activities and, if commenced, any of the activities may be
discontinued at any time.

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Other Terms

Except as set forth above, we are not under any contractual
obligation to engage any of the underwriters to provide any services for us after this offering, and have no present intent to do so.
However, any of the underwriters may, among other things, introduce us to potential target businesses or assist us in raising additional
capital, as needs may arise in the future. If any underwriter provides services to us after this offering, we may pay the underwriter
fair and reasonable fees that would be determined at that time in an arm’s length negotiation; provided that no agreement will
be entered into with the underwriter and no fees for such services will be paid to the underwriter prior to the date which is 60 days
after the date of this prospectus, unless FINRA determines that such payment would not be deemed underwriter’s compensation in
connection with this offering.

Indemnification

We