Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 56

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 56
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 and an immediate dilution in as adjusted net tangible book value per Class A Ordinary Share of approximately $[] to new investors purchasing Class A Ordinary Shares in the Offering. The following table illustrates this dilution on a per Class A Ordinary Share basis: The following table illustrates this dilution on a per Class A Ordinary Share basis.

| Assumed Initial public offering price per Class A Ordinary Share                                          
 Net tangible book value per Class A Ordinary Share as of March 31, 2025                                   |     | Post-       
 Offering(1) 
 US$         
 US$         | [    ]   
 ([    ]) |     | Full           
 Exercise of    
 Over-Allotment 
 Option         
 US$            
 US$            | [    ]   
 ([    ]) |
|:----------------------------------------------------------------------------------------------------------|:----|:------------|:---------|:----|:---------------|:---------|
| As adjusted net tangible book value per Class A Ordinary Share attributable to payments by new investors  |     | US$         | [    ]   |     | US$            | [    ]   |
| Pro forma net tangible book value per Class A Ordinary Share immediately after the Offering               |     | US$         | [    ]   |     | US$            | [    ]   |
| Amount of dilution in net tangible book value per Class A Ordinary Share to new investors in the Offering |     | US$         | [    ]   |     | US$            | [    ]   |

____________ (1)Assumes that the underwriter’s over -allotmentoption has not been exercised. If the underwriter exercises its over -allotmentoption in full, the pro forma as adjusted net tangible book value per Class A Ordinary Share after the Offering would be US$[ ], the increase in net tangible book value per Class A Ordinary Share to existing shareholders would be US$[ ], and the immediate dilution in net tangible book value per Class A Ordinary Share to new investors in the Offering would be US$[ ]. To the extent that we issue additional Class A Ordinary Shares in the future, there will be further dilution to new investors participating in the Offering.

36

The following table summarizes, on an as adjusted basis as of [March 31, 2025], the differences between existing shareholders and the new investors, the total consideration paid and the average price per Class A Ordinary Share before deducting the estimated underwriting discounts and non -accountableexpenses to the underwriter and the estimated offering expenses payable by us