Company: SSEA
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004904
Chunk: 194

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-07-07
Form: S-1/A
Chunk 194
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ata portion of his, her or its shares. The decision as to whether we will seek shareholder approval of a proposed business combination or will allow shareholders to sell their shares to us in a tender offer will be made by us based on a variety of factors such as the timing of the transaction, or whether the terms of the transaction would otherwise require us to seek shareholder approval. If we so choose and we are legally permitted to do so, we have the flexibility to avoid a shareholder vote and allow our shareholders to sell their shares pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act which regulate issuer tender offers. In that case, we will file tender offer documents with the SEC which will contain substantially the same financial and other information about the initial business combination as is required under the SEC’s proxy rules.

Our initial shareholders
and our officers and directors have agreed (1) to vote their initial shares, private shares and any public shares acquired in or
after this offering (including in open market and privately-negotiated transactions, aside from shares they may purchase in
compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor of approving
the business combination transaction) in favor of any proposed business combination, (2) not to convert any ordinary shares in
connection with a shareholder vote to approve a proposed initial business combination, and (3) not sell any ordinary shares in any
tender in connection with a proposed initial business combination. The holders of the representative shares also have agreed, among
other things, to vote their representative shares in favor of any proposed business combination. As a result, if we sought
shareholder approval of a proposed transaction we could need as little as 1,671,440 of our public shares (or approximately 33.43% of
our public shares) to be voted in favor of the transaction in order to have such transaction approved (assuming that all issued and
outstanding shares are voted, that the over-allotment option is not exercised, and that the insiders do not purchase any units in
this offering or units or shares in the after-market).

None of our officers, directors, initial shareholders or their affiliates has indicated any intention to purchase units or ordinary shares in this offering or from persons in the open market or in private transactions (other than the private units). However, if we hold a meeting to approve a proposed business combination and a significant number of shareholders vote, or indicate an intention to vote, against such