Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 45

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 45
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 or not such waiver is enforceable), nor will it apply to any claims under       
 our indemnity of the underwriters of this offering against certain liabilities, including        
 liabilities under the Securities Act. However, we have not asked our Sponsor to reserve for      
 such indemnification obligations, nor have we independently verified whether our Sponsor         
 has sufficient funds to satisfy its indemnity obligations, and believe that our Sponsor’s        
 only assets are securities of our company. Therefore, we cannot assure you that our Sponsor      
 would be able to satisfy those obligations. None of our officers or directors will indemnify     
 us for claims by third parties, including, without limitation, claims by vendors and prospective 
 target businesses.                                                                               |

| In the event an excise tax and/or any other similar fees or taxes in nature are levied or imposed on us pursuant to any current, pending or future rule(s) or law(s), and such tax or fee has not been paid by us to the applicable regulatory authority on or prior to the due date for such a tax or fee, our Sponsor agrees to promptly (but in any event sufficiently prior to the due date for such tax or fee to assure timely payment thereof) either directly pay such tax or fee on behalf of us or advance to us such funds as necessary and appropriate to allow us to pay such tax or fee timely. Our Sponsor agrees not to seek recourse for such expenses from the trust account. 
 However, the Sponsor may not be able to satisfy the above obligations, as we have not required it to retain any assets to provide for such obligations, nor have we taken any further steps to ensure that it will be able to satisfy any of the above obligations that arise.                                                                                                                                                                                                                                                                                                                                                                                                                  |

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Cautionary Note Regarding Forward-Looking Statements Some of the statements contained in this prospectus may constitute “forward-looking statements” for purposes of the federal securities laws. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward