Company: QSEA
Filing Date: 2025-03-11
Form Type: S-1/A
Source: 0001829126-25-001676
Chunk: 134

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-11
Form: S-1/A
Chunk 134
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units. Assuming a trading price of $10.00 per public share upon consummation of our initial business combination, the founder shares
(assuming no exercise of the over-allotment option) would have an aggregate implied value of $24,150,000, and the private shares (assuming
no exercise of the over-allotment option) would have an aggregate implied value of $2,182,500. As a result, our Sponsor is likely to
have the ability to recoup its investment in us and make a substantial profit on that investment, even if our public shares have lost
significant value. Accordingly, our management team, which owns interests in our Sponsor, may have an economic incentive that differs
from that of the public shareholders to pursue and consummate an initial business combination rather than to liquidate and to return
all of the cash in the trust to the public shareholders, even if that business combination were with a riskier or less-established target
business. For the foregoing reasons, you should consider our management team’s financial incentive to complete an initial business
combination when evaluating whether to redeem your shares prior to or in connection with the initial business combination.

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The determination of the offering price of our units and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our units properly reflects the value of such units than you would have in a typical offering of an operating company.

Prior to this offering there has been no public market for any of our securities. The public offering price of the units were negotiated between us and the underwriters. In determining the size of this offering, management held customary organizational meetings with the representatives of the underwriters, both prior to our inception and thereafter, with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably could raise on our behalf. Factors considered in determining the size of this offering, prices and terms of the units, including the ordinary shares and rights underlying the units, include:

| ● | the history and prospects of companies whose principal business is the acquisition of other companies; |

| ● | prior offerings of those companies; |

| ● | our prospects for acquiring an operating business; |

| ● | a review of debt-to-equity ratios in leveraged transactions; |

| ● | our capital structure; |

| ● | an assessment of our management and their