Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 183

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 183
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, |    2025 |     |   |    2024 |
|:--------------------------------------------------------------------|:----|:----------------|--------:|:----|:--|--------:|
| Investments in public entities with readily determinable fair value |     | $               | 503,784 |     | $ | 441,596 |
| Investments in equity funds that report NAV per share               |     |                 |  92,512 |     |   | 152,939 |
| Total short-term investments                                        |     | $               | 596,296 |     | $ | 594,535 |

Realized and unrealized gain or loss were included in investment income, net, were as follows:

|                                                                 |     | For the years ended 
 March 31,           |    2025 |     |   |     2024 |   |
|:----------------------------------------------------------------|:----|:--------------------|--------:|:----|:--|---------:|:--|
| Realized gain (loss)                                            |     | $                   | 214,687 |     | $ | (238,497 | ) |
| Unrealized gain                                                 |     |                     | 106,048 |     |   |  375,983 |   |
| Total gain from changes in fair value of short-term investments |     | $                   | 320,735 |     | $ |  137,486 |   |

F-11

SEAHAWK RECYCLING HOLDINGS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (In U.S. Dollar, except for share data) 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) (m)Fair value measurement Accounting guidance defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Group considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability. Accounting guidance establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The three levels of inputs are: •Level