Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 178

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 178
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 whether they vote for or against, or abstain from   
 voting on, the proposed business combination, into a portion of the aggregate amount then on deposit in the trust account, net of      
 taxes payable, or (2) provide our shareholders with the opportunity to sell their shares to us by means of a tender offer (and thereby 
 avoid the need for a shareholder vote) for an amount equal to their pro rata share of the aggregate amount then on deposit in the      
 trust account, net of taxes payable, in each case subject to the limitations described herein;                                         |

| ● | we will consummate our initial business combination                                                                               
 only if a majority of the outstanding ordinary shares voted are voted in favor of the business combination so long as the minimum 
 number of shareholders required for a quorum attend the meeting (whether in person or by proxy);                                  |

| ● | if our initial business combination is not consummated within 15                                                                 
 months from the consummation of this offering, then our existence will terminate and we will distribute all amounts in the trust 
 account to all of our public holders of public shares;                                                                           |

| ● | upon the consummation of this offering, $60,000,000, or $10.00 per                                                         
 publicly offered unit ($69,000,000, if the underwriter’s over-allotment option is exercised in full), shall be placed into 
 the trust account;                                                                                                         |

| ● | we may not consummate any other business combination, merger, shares                                                              
 exchange, asset acquisition, stock purchase, reorganization or similar transaction prior to our initial business combination; and |

| ● | prior to our initial business combination, we may not issue additional                                                                      
 shares that would entitle the holders thereof to (i) receive funds from the trust account or (ii) vote on any initial business combination. |

Our Post-Offering Memorandum and Articles
of Association provide that unless we consent in writing to the selection of an alternative forum, the courts of the Cayman Islands shall
have exclusive jurisdiction over any claim or dispute arising out of or in connection with our Post-Offering Memorandum and Articles
of Association or otherwise related in any way to each shareholder’s shareholding in us, including but not limited to (i) any
derivative action or proceeding brought on our behalf, (ii) any action asserting a claim of breach of any fiduciary or other duty
owed by any of our current or former directors, officers or other employees to