Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 179

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 179
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 us or our shareholders, (iii) any action asserting
a claim arising pursuant to any provision of the Companies Act or our amended and restated memorandum and articles of association, or
(iv) any action asserting a claim against us governed by the internal affairs doctrine (as such concept is recognized under the
laws of the United States of America) and that each shareholder irrevocably submits to the exclusive jurisdiction of the courts
of the Cayman Islands over all such claims or disputes. Our Post-Offering Memorandum and Articles of Association also provide that, without
prejudice to any other rights or remedies that we may have, each of our shareholders acknowledges that damages alone would not be an
adequate remedy for any breach of the selection of the courts of the Cayman Islands as exclusive forum and that accordingly we shall
be entitled, without proof of special damages, to the remedies of injunction, specific performance or other equitable relief for any
threatened or actual breach of the selection of the courts of the Cayman Islands as exclusive forum. The forum selection provision in
our Post-Offering Memorandum and Articles of Association will not apply to actions or suits brought to enforce any liability or duty
created by the Securities Act, Exchange Act or any claim for which the federal district courts of the United States of America
are, as a matter of the laws of the United States of America, the sole and exclusive forum for determination of such a claim.

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Competition

In identifying, evaluating, and selecting a target business, we may encounter intense competition from other entities having a business objective similar to ours. Many of these entities are well established and have extensive experience identifying and effecting business combinations directly or through affiliates. Many of these competitors possess greater technical, human, and other resources than us, and our financial resources will be relatively limited as compared with those of many of these competitors. While we believe there may be numerous potential target businesses with which we could complete an initial business combination with the net proceeds of this offering, our ability to compete in completing a business combination with certain sizable target businesses may be limited by our available financial resources.

The following also may not be viewed favorably by certain target businesses:

| ● | our                                                                                                                              
 obligation to seek shareholder approval of our initial business combination or engage in a tender offer may delay the completion 
 of a transaction;                                                                                                                |

| ● | our                                                                                                                                  
 obligation to redeem public shares held by our public shareholders may reduce the resources available to us