Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 196

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 196
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. Prospectus dated [], 2025 PART II INFORMATION NOT REQUIRED IN PROSPECTUS ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS. Our Memorandum and Articles of Association, which became effective on February 27, 2025, empowers us to indemnify our directors and officers against certain liabilities they incur by reason of their being a director or officer of our Company. We have also entered into indemnification agreements with each of our directors and executive officers in connection with the Offering. Under these agreements, we have agreed to indemnify our directors and executive officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being a director or officer of our Company. The underwriting agreement in connection with the Offering also provides for indemnification of us and our officers, directors or persons controlling us for certain liabilities. We intend to obtain directors’ and officer’s liability insurance coverage that will cover certain liabilities of directors and officers of our Company arising out of claims based on acts or omissions in their capacities as directors or officers. ITEM 7. RECENT SALES OF UNREGISTERED SECURITIES. The Company was incorporated under the laws of the British Virgin Islands on February 27, 2025. At the time of incorporation, the authorized number of ordinary shares was 50,000 ordinary shares, $1.00 par value per share. On February27, 2025, the Company issued 10,000 ordinary shares with a par value of US$1.00 to its shareholders. On June27, 2025, the Company approved a dual -classshare structure. Following such an approval, the Company re -designatedand re -classifiedthe 1,500 ordinary shares held by WISDOM FOCUS GROUP LTD. into 1,500 Class B Ordinary Shares and the 5,740 ordinary shares held by WISDOM FOCUS GROUP LTD. and the 2,760 ordinary shares held by other shareholders into 8,500 Class A Ordinary Shares, respectively. It is proposed that the Company amend its memorandum and articles of association to allow for an unlimited number of Class A Ordinary Shares and Class B Ordinary Shares, of US$1.00 par value each to be issued. [ ] ITEM 8. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES. (a) Exhibits See the Exhibit Index attached to this registration statement, which is incorporated by reference herein. (b) Financial Statement Schedules Schedules have been omitted