Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 175

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 175
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 |     |               |  (302,889 | ) |
| Foreign currency translation adjustment |     |                — |     |        | — |     |                — |     |        | — |     |            |         — |     |          |         — |   |     |               | (219,513 | ) |     |               |  (219,513 | ) |
| Balance as of March 31, 2024            |     |       20,000,500 |     | $      | — |     |        3,529,500 |     | $      | — |     | $          | 1,043,533 |     | $        | 1,003,870 |   |     | $             | (662,573 | ) |     | $             | 1,384,830 |   |
| Net income                              |     |                — |     |        | — |     |                — |     |        | — |     |            |         — |     |          | 1,216,978 |   |     |               |        — |   |     |               | 1,216,978 |   |
| Foreign currency translation adjustment |     |                — |     |        | — |     |                — |     |        | — |     |            |         — |     |          |         — |   |     |               |   24,482 |   |     |               |    24,482 |   |
| Balance as of March 31, 2025            |     |       20,000,500 |     | $      | — |     |        3,529,500 |     | $      | — |     | $          | 1,043,533 |     | $        | 2,220,848 |   |     | $             | (638,091 | ) |     | $             | 2,626,290 |   |

____________ *The share and per share information are presented on a retrospective basis (see Note 14). The accompanying notes are an integral part of these consolidated financial statements.

F-5

SEAHAWK RECYCLING HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (In U.S. Dollar, except for share data, or otherwise noted)

| CASH FLOWS FROM OPERATING ACTIVITIES:                                                              |     | For the years