Company: SSEA
Filing Date: 2025-03-05
Form Type: DRS
Source: 0001829126-25-001469
Chunk: 86

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-03-05
Form: DRS
Chunk 86
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 to exercise their redemption rights prior to the deadline for exercising their rights.

In connection with any general
meeting called to approve a proposed initial business combination, each public shareholder will have the right, regardless of whether
it is voting for or against, or abstain from voting on, such proposed business combination, to demand that we convert its public shares
into a share of the trust account. Such conversion will be effectuated under Cayman Islands law and our post-offering amended and restated
memorandum and articles of association as a redemption of the shares, with the redemption price to be paid being the applicable pro rata portion of the monies held in the trust account. We may require public shareholders who wish to convert their public shares
in connection with a proposed business combination to either tender their certificates (if any) to our transfer agent or to deliver their
shares to the transfer agent electronically using the Depository Trust Company’s (“DTC”) DWAC (Deposit/Withdrawal At
Custodian) System, at the holder’s option, at any time at or prior to the vote taken at the general meeting relating to such business
combination. In order to obtain a physical share certificate, a shareholder’s broker and/or clearing broker, DTC and our transfer
agent will need to act to facilitate this request. It is our understanding that shareholders should generally allot at least two weeks
to obtain physical certificates from the transfer agent. However, because we do not have any control over this process or over the brokers
or DTC, it may take significantly longer than two weeks to obtain a physical share certificate. It is also our understanding that it
takes a short time to deliver shares through the DWAC System. However, this too may not be the case. Accordingly, if it takes longer
than we anticipate for shareholders to deliver their shares, shareholders who wish to convert may be unable to meet the deadline for
exercising their redemption rights and thus may be unable to convert their shares.

Investors may not have sufficient time to comply with the delivery requirements for conversion.

Pursuant to our post-offering
amended and restated memorandum and articles of association, we will be required to give a minimum of only five days’ notice for
each general meeting. However, a final proxy statement will be distributed to our shareholders at least twenty calendar days prior to
the general meeting if we seek shareholder approval of our initial business combination at such meeting. As a result, if we require public
shareholders who wish to