Company: SSEA
Filing Date: 2025-04-11
Form Type: DRS/A
Source: 0001829126-25-002569
Chunk: 262

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-04-11
Form: DRS/A
Chunk 262
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 the underwriters. Among the factors considered in determining the initial public offering price were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in the equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the units, ordinary shares or rights will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our units, ordinary shares or rights will develop and continue after this offering.

We have applied to have the units, ordinary shares and rights once they begin separate trading, listed on Nasdaq under the symbols “SSEAU,” “SSEA,” and “SSEAR,” respectively.

The following table shows the public offering price, underwriting discount to be paid by us to the underwriters and the proceeds, before expenses, to us. This information assumes no exercise by the underwriters of their over-allotment option.

|          |     | Price to 
 Public   |            |     | Underwriting   
 Discounts and  
 Commissions(1) |           |     | Proceeds, 
 before    
 Expenses, 
 to us     |            |
|:---------|:----|:---------|-----------:|:----|:---------------|----------:|:----|:----------|-----------:|
| Per Unit |     | $        |      10.00 |     | $              |      0.20 |     | $         |       9.85 |
| Total    |     | $        | 50,000,000 |     | $              | 1,000,000 |     | $         | 49,000,000 |

| (1) | The table does not include certain other fees and expenses payable (or securities issuable) to the underwriters in connection with this offering. In addition, we have agreed to issue to the representative of the underwriters and/or its designee 175,000 ordinary shares (or up to 201,250 ordinary shares if the underwriter’s over-allotment option is exercised in full), equal to 3.5% of the gross proceeds of this offering in the form of our shares at a price of $10.00 per ordinary share, or “representative shares”, as part of representative compensation, which will be issued upon the closing of the offering