Company: SSEA
Filing Date: 2025-03-05
Form Type: DRS
Source: 0001829126-25-001469
Chunk: 197

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-03-05
Form: DRS
Chunk 197
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 with ConnectM Technology Solutions, Inc. in July 2024. Mr. Markscheid has continued to serve as the director of the post-combination entity, ConnectM Technology Solutions, Inc., a clean energy solutions provider, since July 2024. He also served as a director of Tristar Acquisition I Corp. from August 2023 until its business combination with Helport Limited in August 2024, at which point he resigned as a director of the company. Mr. Markscheid has also served of as an independent director of Shepherd Ave Capital Acquisition Corporation (Nasdaq: SPHA) since December 2024, Four Leaf Acquisition Corp. (Nasdaq: FORL) since July 2022, and Charlton Aria Acquisition Corp. (Nasdaq: CHAR) since October 2024, three SPACs currently in search of a target for business combination or on the process of business combination.

Other than the foregoing, none of our management has been or is currently involved in any other SPACs. Our officers and directors are not required to commit their full time to our affairs and will allocate their time to other businesses, and the collective experience of our officers and with blank check companies like ours is not significant. We presently expect each of our employees to devote such amount of time as they reasonably believe is necessary to our business (which could range from only a few hours a week while we are trying to locate a potential target business to a majority of their time as we move into serious negotiations with a target business for a business combination). The past successes of our executive officers and directors do not guarantee that we will successfully consummate an initial business combination. In addition, the members of the management team may not remain with us subsequent to the consummation of a business combination.

Executive Officer and Director Compensation

Our sponsor transferred an
aggerate of [12,000] initial shares to [one] executive officer and [two] independent director nominees at nil consideration. Other
than that, no compensation was awarded to, earned by, or paid to our officers or directors for the last completed fiscal year. Commencing on the date that our securities are first listed on Nasdaq through the earlier of the consummation of our
initial business combination and our liquidation, we will pay to our sponsor $10,000 per month for office space, utilities,
secretarial and administrative support services provided to members of our management team. In addition, our sponsor, officers and
directors, or any of their