Company: SSEA
Filing Date: 2025-04-11
Form Type: DRS/A
Source: 0001829126-25-002569
Chunk: 6

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-04-11
Form: DRS/A
Chunk 6
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 |  6.74 |   |     |             |  6.15 |   |     |             |    29 |   |     |             |  3.94 |   |     |             |  1.51 |   |
| Dilution to public shareholders                                                |     | $                       |  1.83 |   |     | $           |  2.42 |   |     | $           |  3.28 |   |     | $           |  4.63 |   |     | $           |  7.06 |   |
| Percentage of dilution to public shareholders                                  |     |                         |  21.3 | % |     |             |  28.2 | % |     |             |  38.3 | % |     |             |  54.0 | % |     |             |  82.4 | % |

| (1) | Each unit has an offering price of $10.00 and consists of one ordinary share and one right to receive one-sixth (1/6) of an ordinary share upon the consummation of an initial business combination. The offering price is determined as gross proceeds divided by 5,000,000 ordinary shares included in the units (and the issuance of up to an additional 833,333 shares underlying the public rights). |

For purposes of presentation, we have reduced our pro forma net tangible book value after this offering (assuming no exercise of the underwriters’ over-allotment option) by $45,723,025 (assuming a maximum reduction) because holders of our public shares may redeem their shares for a pro rata share of the aggregate amount then on deposit in the trust account at a per share redemption price equal to the amount in the trust account as set forth in our tender offer or proxy materials (initially anticipated to be the aggregate amount held in trust two business days prior to the commencement of our tender offer or shareholders meeting, including interest earned on the funds held in the trust account (which interest shall be net of income taxes payable)), divided by the number of ordinary shares sold in this offering. The actual redemption value that may be redeemed could exceed this amount provided that our net tangible assets are greater than $5,000,001 either immediately prior to or upon consummation of our initial business combination.

The pro forma net tangible book value per share after giving effect to the offering is calculated as follows:

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