Company: QSEA
Filing Date: 2025-02-24
Form Type: S-1
Source: 0001829126-25-001168
Chunk: 163

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-24
Form: S-1
Chunk 163
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 businesses or entities, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region. We do not have any specific business combination under consideration, and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction.

Our efforts to identify a prospective target
business will not be limited to a particular industry or geographic location. As a result, this may limit the pool of acquisition candidates
we may acquire in the PRC, in particular, due to the relevant PRC laws and regulations against foreign ownership of and investment in
certain assets and industries, known as restricted industries, which include but are not limited to, value-added telecommunications services
(inclusive of internet content providers). Currently, we do not have any specific business combination under consideration or contemplation,
and we have not, nor has anyone on our behalf, contacted any prospective target business or had any discussions, formal or otherwise,
with respect to such a transaction. We do not have any specific business combination under consideration and we have not (nor has anyone
on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise,
with respect to such a transaction. Additionally, we have not engaged or retained any agent or other representative to identify or locate
any suitable acquisition candidate, to conduct any research or take any measures, directly or indirectly, to locate or contact a target
business. We are confident that we will be able to find a target business that will meet expectations. We intend to capitalize on the
strengths and experiences of our management team to select, acquire and form a business combination that has a competitive advantage
in their core business and is positioned to bring in high returns and long-term sustainable growth.

Our Sponsor and certain of our executive officers
and directors have significant ties to the PRC. We may be a less attractive partner to non-PRC based target companies as compared to
a non-PRC based special purpose acquisition company, therefore this may make it more difficult for us to complete an initial business
combination with a target company that is non-PRC based and which may therefore make it more likely for us to consummate a business combination
with a target company located in the PRC. See “Risk Factors – Risks Associated with our Business - Due to the significant ties of certain of