Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 15

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 15
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 of dividends to non -residentsin Japan paid by us, since we are also a non -residentin Japan. See “ Regulations — Taxation” on page 83 and “ Taxation — Japanese Taxation” on page 110. As of the date of this prospectus, there are generally no restrictions or limitations under the laws of Japan imposed on the conversion of JPY into foreign currencies and the remittance of currencies out of Japan or across borders and to U.S investors, subject to the requirements of sufficient amount of distributable profits, report to the Bank of Japan for the payment of JPY30 million or more, and receive permission from the Bank of Japan for remittance to certain restricted countries (such as North Korea, Iran, Syria and so forth) and sanctioned entities and individuals. We have never declared or paid any cash dividends on our Ordinary Shares. We do not have any present plan to pay any cash dividends on our Class A Ordinary Shares in the foreseeable future after the Offering. We currently intend to retain most, if not all, of our available funds and any future earnings to support operations and to finance the growth and development of the Operating Entity’s business. As disclosed above, both Seahawk and the Operating Entity currently intend to retain all of their respective remaining funds and future earnings, if any, for the operations and expansion of the Operating Entity’s business and do not anticipate declaring or paying any dividends in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our board of directors after considering our financial condition, results of operations, capital requirements, contractual requirements, business prospects and other factors the board of directors deems relevant, and subject to the restrictions contained in any future financing instruments. As of the date of this prospectus, we do not presently plan to pay any dividends out of our retained earnings after listing our Class A Ordinary Shares on the NASDAQ Capital Market (“NASDAQ”). Our Corporate Information Our principal executive offices are located at 4F Kita -ShinjukuKimishima Building, 4 -8-16, Kita -Shinjuku, Shinjuku -ku, Tokyo 1690074, Japan, and our telephone number is +81 -03-69086295. Our registered office in the BVI is at Keyway Chambers, 3 rdFloor, Quastisky Building, Road Town, Tortola, British Virgin Islands. We maintain a website at https: // www.shwkinc.com. The information contained on our website is not