Company: QSEA
Filing Date: 2025-02-24
Form Type: S-1
Source: 0001829126-25-001168
Chunk: 180

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-24
Form: S-1
Chunk 180
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 account and not previously released to us       
 to pay our taxes (less up to $50,000 of interest to pay liquidation and dissolution expenses), divided by the number of then outstanding 
 public shares issued in this offering.                                                                                                   |
| Impact to remaining shareholders |     | The redemptions in connection with our initial business combination                                                                         
 will reduce the book value per public share for our remaining shareholders, who will bear the burden of working capital and taxes           
 payable released to us.                                                                                                                     |     | If the permitted purchases described above are made there would be                                                                 
 no impact to our remaining shareholders because the purchase price would not be paid by us.                                        |     | The redemption of the public shares issued in this offering if we fail                                                                   
 to complete our business combination will reduce the book value per public share for the shares held by our Sponsor, who will be         
 our only remaining shareholders after such redemptions.                                                                                  |

<div align='center'>115</div>

<div align='center'>Management</div>

Directors and Executive Officers

Our current executive officer, director and director nominees are as follows:

| Name        |     | Age |     | Position                                                       |
| Qi          
 Gong        |     |  62 |     | Chairwoman,                                                    
 Chief Executive Officer, Chief Financial Officer, and Director |
| Wei(Victor) 
 Zhang       |     |  50 |     | Independent                                                    
 Director Nominee                                               |
| Daniel      
 M. McCabe   |     |  74 |     | Independent                                                    
 Director Nominee                                               |
| Ping        
 Zhang       |     |  61 |     | Independent                                                    
 Director Nominee                                               |

Below is a summary of the business experience of each our executive officer, director and director nominees.

Qi Gong has been
serving as our Chief Executive Officer, Chief Financial Officer, Chairwoman and director since our formation. Ms. Gong has enjoyed a
diverse career in both China and the United States across various domains. In March 2024, Ms. Gong founded the American Wall Street
Listed Group Inc., a consulting company, and has served as its Chief Executive Officer since such time. In September 2022, Ms. Gong founded
American Information Technology Inc., an information technology consulting company, and has been serving as its Chief Executive Officer
since such time. She was also the founder and has been serving as the Chief Executive Officer for U.S. China Health Products Inc., a
marketing consulting company, since December 202