Company: QSEA
Filing Date: 2025-03-11
Form Type: S-1/A
Source: 0001829126-25-001676
Chunk: 151

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-11
Form: S-1/A
Chunk 151
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     |   |   7,515,000 |   |     |   |   5,790,000 |   |     |   |   4,065,000 |   |

| (1) | Expenses applied against gross proceeds include offering expenses of $680,000 and $450,000 underwriting discounts payable in cash of $450,000 (or $517,500 if the over-allotment option is exercised in full). See “Use of Proceeds.”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| (2) | If we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our sponsor, directors, executive officers, advisors or any of their affiliates may purchase public shares or public units in privately negotiated transactions or in the open market either prior to or following the completion of our initial business combination. In the event of any such purchases of our shares prior to the completion of our initial business combination, the number of ordinary shares subject to redemption will be reduced by the amount of any such purchases, increasing the pro forma net tangible book value per share. |

The following table sets forth information with
respect to our initial shareholders and public shareholders:

| Holder          
 of              |     | Shares    
 Purchased |           |     | Percentage |        |   |     | Total         
 Consideration 
 Amount        |            |     | Percentage |        |   |     | Average   
 Price per 
 Share     |      |
|:----------------|:----|:----------|----------:|:----|:-----------|-------:|:--|:----|:--------------|-----------:|:----|:-----------|-------:|:--|:----|:----------|-----:|
| Founder         
 shares(1)       |     |           | 2,100,000 |     |            |  21.96 | % |     | $             |     25,000 |     |            |   0.04 | % |     | $         | 0.01 |
| Private         
 shares(2)       |     |           |   261,900 |     |            |   2.74 | % |     | $             |  2,182,500 |     |            |   3.51 | % |     | $         | 8.33 |
| Public          
 shareholders(3) |     |           | 7,200