Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 282

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 282
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 Based
on the review, management did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

Note 9 — Other Subsequent Events

On February 12, 2025, the Company modified the following key terms of the Proposed Public Offering to:

| 1) | Increase                                                                                        
 the number of month to consummate its initial business combination from 12 months to 18 months; |

| 2) | Increase                                                                                        
 the initial amount to be held in the trust account from $10.00 per unit to $10.05 per unit; and |

| 3) | Increase                                                                                                                             
 the number of Private Placement Units to be purchased by the Sponsor from 215,000 units (or 221,750 units if the underwriters’       
 over-allotment option is exercised in full) to 245,000 units (or 256,250 units if the over-allotment option is exercised in full)    
 at a price of $10.00 per unit for an aggregate purchase price of $2,415,000 (or $2,562,500 if the over-allotment option is exercised 
 in full).                                                                                                                            |

On February 12, 2025, the Company and the Sponsor
entered into the First Amendment to the Subscription Agreement, pursuant to which the purchased amount of shares was adjusted to 2,415,000
ordinary shares, $0.0104 per ordinary share.

On February 12, 2025, the Company and the Sponsor
entered into the First Amendment to the Administrative Services Agreement, pursuant to which the monthly fee was amended to $15,000.

The subsequent events mentioned in this note
have been updated and reflected in Notes 1, 2, 5 and 7.

Note 10 — Other Subsequent Events

On March 7, 2025, the Company modified the following
key terms of the Proposed Public Offering to:

| 1) | Decrease the number of months to consummate its                                                                             
 initial business combination from 18 months to 15 months;                                                                   |
| 2) | Decrease the initial amount to be held in the trust                                                                         
 account from $10.05 per unit to $10.00 per unit; and                                                                        |
| 3) | Decrease the number of Private Placement Units                                                                              
 to be purchased by the Sponsor from 245,000 units (or 256,250 units if the underwriters’ over-allotment option is exercised