Company: QSEA
Filing Date: 2025-03-11
Form Type: S-1/A
Source: 0001829126-25-001676
Chunk: 186

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-11
Form: S-1/A
Chunk 186
---
 or skills that are necessary for directors to possess. In general, in identifying and evaluating nominees for director, the board of directors considers education, professional experience, knowledge of our business, integrity, professional reputation, independence, wisdom, and the ability to represent the best interests of our shareholders.

Code of Ethics

Effective upon consummation of this offering, we will adopt a code of ethics that applies to all of our executive officers, directors, and employees. The code of ethics codifies the business and ethical principles that govern all aspects of our business.

Conflicts of Interest

Investors should be aware of the following potential conflicts of interest.

| ● | None                                                                                                                              
 of our officers, directors, and director nominees is required to commit their full time to our affairs and, accordingly, they may 
 have conflicts of interest in allocating their time among various business activities.                                            |

| ● | In                                                                                                                                      
 the course of their other business activities, our officers, directors, and director nominees may become aware of investment and        
 business opportunities which may be appropriate for presentation to our company as well as the other entities with which they are       
 affiliated. Our officers, directors, and director nominees may continue to be involved in the formation of other special purpose        
 acquisition companies in the future. Thus, our officers, directors, and director nominees may have conflicts of interest in determining 
 to which entity a particular business opportunity should be presented.                                                                  |

| ● | Our officers, directors, and director nominees                                                                                                                                                                                                                    
 may in the future become affiliated with entities, including other blank check companies, engaged in business activities similar                                                                                                                                  
 to those intended to be conducted by our company. Specifically, Our Chief Executive Officer, Ms. Qi Gong, has conflicts of interest                                                                                                                               
 with respect to evaluating a particular business combination because she has fiduciary and contractual duties to Yotta and Quetta,                                                                                                                                
 although Yotta and Quetta have each executed a definitive merger agreement with a target company in connection with their respective                                                                                                                              
 initial business combinations. Our director nominee, Daniel M. McCabe, has conflicts of interest with respect to evaluating a particular                                                                                                                          
 business combination because he is a director of, and has fiduciary duties to, each of Yotta, Quetta and Black Hawk. Yotta and Quetta have each executed a definitive merger agreement with a target company in connection with their respective initial business 
 combinations. Black Hawk is still searching for a target. These conflicts                                                                                                                                                                                         
 of interests of may limit the number of potential targets that our management presents to