Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 44

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 44
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, changes in the Japan’s political and economic conditions and perceived changes in the economy of Japan and the United States. Any significant revaluation of the Japanese yen may materially and adversely affect our cash flows, revenue and financial condition. Further, our Class A Ordinary Shares offered by this prospectus are denominated in United States dollars, we will need to convert the net proceeds we receive into Japanese yen in order to use the funds for the business of our Operating Subsidiary. Changes in the conversion rate between the United States dollar and the Japanese yen will affect that amount of proceeds we will have available for our business. Volatility in our Class A Ordinary Shares price may subject us to securities litigation. The market for our Class A Ordinary Shares may have, when compared to seasoned issuers, significant price volatility and we expect that our share price may continue to be more volatile than that of a seasoned issuer for the indefinite future. In the past, plaintiffs have often initiated securities class action litigation against a company following periods of volatility in the market price of its securities. We may, in the future, be the target of similar litigation. Securities litigation could result in substantial costs and liabilities and could divert management’s attention and resources. 25 We have broad discretion in the use of the net proceeds from the Offering and may not use them effectively. Our management will have broad discretion in the application of the net proceeds, including for any of the purposes described in the section entitled “Use of Proceeds,” and you will not have the opportunity as part of your investment decision to assess whether the net proceeds are being used appropriately. Because of the number and variability of factors that will determine our use of the net proceeds from the Offering, their ultimate use may vary substantially from their currently intended use. The failure by our management to apply these funds effectively could harm the business of our Operating Subsidiary. Our existing shareholders will be able to sell their Class A Ordinary Shares after completion of the Offering subject to restrictions under the Rule 144. Our existing shareholders may be able to sell their Class A Ordinary Shares under Rule 144 after completion of the Offering. Because these shareholders have paid a lower price per Class A Ordinary Share than participants in the Offering, when they are able to sell their pre -offeringshares under Rule 144, they may be more willing to accept a lower sales price than the Offering Price. This fact could impact the trading price of our Class A Ordinary Shares following completion of the Offering, to the detriment of participants in the Offering. Under rule 144,