Company: SSEA
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004904
Chunk: 74

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-07-07
Form: S-1/A
Chunk 74
---
 with Our Business

We are a newly formed blank check company with no operating history and no revenues, and, accordingly, you will not have any basis on which to evaluate our ability to achieve our business objective.

We are a newly formed blank
check company with no operating results to date. Therefore, our ability to commence operations is dependent upon obtaining financing
through the public offering of our securities. Since we do not have an operating history, you will have no basis upon which to
evaluate our ability to achieve our business objective, which is to acquire an operating business. We have not conducted any
discussions and we have no plans, arrangements or understandings with any prospective acquisition candidates. We will not generate
any revenues until, at the earliest, after the consummation of a business combination. Further, our executive officers and directors
and the shareholder of our sponsor have ties to the PRC and/or are located in the PRC, which may make it more difficult for us to
complete an initial business combination with a target company outside of the PRC, and therefore, make it more likely that we will
need to target a business combination with a target company located in the PRC.

Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”

As of March 31, 2025 and December 31, 2024, we had nil in cash. We had a working capital deficit of $346,618 and $31,974, respectively,
as of March 31, 2025 and December 31, 2024. Further, we expect to incur significant costs in pursuit of our acquisition plans after the completion of our initial public offering. Management’s plans to address this need for capital through this offering are discussed in “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Our plans to raise capital and to consummate our initial business combination may not be successful. The report of our independent registered public accountants on our financial statements includes an explanatory paragraph stating that our ability to continue as a going concern is dependent on the consummation of this offering. The financial statements do not include any adjustments that might result from our inability to consummate this offering or our ability to continue as a going concern. Moreover, there is no assurance that we will consummate our initial business combination. These factors raise substantial doubt about our ability to continue as a going concern.

If we are unable to consummate a business combination, our public shareholders