Company: QSEA
Filing Date: 2025-01-31
Form Type: CORRESP
Source: 0001829126-25-000617
Chunk: 1

Company: Quartzsea Acquisition Corp
Filing Date: 2025-01-31
Form: CORRESP
Chunk 1
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 equal to the aggregate amount then on deposit in the trust account ... including interest earned on the funds held in the trust account (which interest shall be net of taxes payable, and less up to $50,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares.” Please advise why you would allocate funds from the trust for dissolution expenses in the event of a business combination or extension and how such provision is consistent with Nasdaq Rule IM-5101-2(d), which says “public Shareholders voting against a business combination must have the right to convert their shares of common stock into a pro rata share of the aggregate amount then in the deposit account (net of taxes payable and amounts distributed to management for working capital purposes).” In addition, such dissolution expenses would appear to be paid by the insiders, if there is not sufficient assets outside the trust to pay such expenses, as disclosed on page 25. |

Response: We acknowledge the Staff’s
comment and advise the Staff that the disclosure on the cover page, and pages 9, 18, 22, 26, 40, 46, 78, 86 and 107 has been revised to
address the Staff’s comment.

| 4. | Please revise your disclosure here to discuss the high level of competition you may face in pursuing business combination transaction candidates, which you discuss on page 42, and also explain that the competition may negatively impact the acquisition terms you are able to negotiate. |

Response: We acknowledge the Staff’s comment and advise the Staff that the disclosure on the page 2 has been revised to address the Staff’s comment.

| 5. | Please also reconcile the disclosure that “in March 2024, Ms. Gong founded the American Wall Street Listed Group Inc., a consulting company” with the statement that “since December 2022, Mr. Zhang has served as Vice President and Consultant at American Wall Street Listed Group Inc., a consulting company.” |

Response: We acknowledge the Staff’s comment and advise the Staff that the disclosure on the page 2 and 116 has been revised to address the Staff’s comment.

| 6. | We note the disclosure that you may be required to obtain additional financing in connection with the closing of your initial business combination. Please revise to disclose how the terms of additional financings may impact unaffiliated security holders. See Item 1602(b)(5) of Regulation S-K. |

Response: We acknowledge the Staff’s comment and advise the Staff that the disclosure