Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 101

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 101
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 certain disputes between us and our shareholders, which could limit our shareholders’ ability to obtain a favorable judicial forum for complaints against us or our directors, officers or employees.

Our Post-Offering Memorandum and Articles
of Association provides that unless we consent in writing to the selection of an alternative forum, the courts of the Cayman Islands
shall have exclusive jurisdiction over any claim or dispute arising out of or in connection with our amended and restated memorandum
and articles of association or otherwise related in any way to each shareholder’s shareholding in us, including but not limited
to (i) any derivative action or proceeding brought on our behalf, (ii) any action asserting a claim of breach of any fiduciary
or other duty owed by any of our current or former directors, officers or other employees to us or our shareholders, (iii) any action
asserting a claim arising pursuant to any provision of the Companies Act or our 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. The forum selection provision in our amended and restated 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. We will waive any objection to such exclusive jurisdiction and that such
courts represent an inconvenient forum.

Our Post-Offering Memorandum and Articles
of Association also provides 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.

This choice of forum provision may increase
a shareholder’s cost and limit the shareholder’s ability to bring a claim in a judicial forum that it finds favorable for
disputes with us or our directors