Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 145

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 145
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 Anti-Money Laundering Laws In order to comply with legislation or regulations aimed at the prevention of money laundering we are required to adopt and maintain anti -moneylaundering procedures, and may require subscribers to provide evidence to verify their identity. Where permitted, and subject to certain conditions, we also may delegate the maintenance of our anti -moneylaundering procedures (including the acquisition of due diligence information) to a suitable person. We reserve the right to request such information as is necessary to verify the identity of a subscriber. In the event of delay or failure on the part of the subscriber in producing any information required for verification purposes, we may refuse to accept the application, in which case any funds received will be returned without interest to the account from which they were originally debited. If any person resident in the BVI knows or suspects that another person is engaged in money laundering or terrorist financing and the information for that knowledge or suspicion came to their attention in the course of their business the person will be required to report his belief or suspicion to the Financial Investigation Agency of the BVI, pursuant to the Proceeds of Criminal Conduct Act 1997 (as amended). Such a report shall not be treated as a breach of confidence or of any restriction upon the disclosure of information imposed by any enactment or otherwise. 103 SHARES ELIGIBLE FOR FUTURE SALE Before our initial public offering, there has not been a public market for our Class A Ordinary Shares, and though we intend to apply listing on the NASDAQ Capital Market, a regular trading market for our Class A Ordinary Shares may not develop. Future sales of substantial amounts of our Class A Ordinary Shares in the public market after our initial public offering, or the possibility of these sales occurring, could cause the prevailing market price for our Class A Ordinary Shares to fall or impair our ability to raise equity capital in the future. Upon completion of the Offering, we will have issued and outstanding Class A Ordinary Shares held by public shareholders representing approximately 9.10% of our issued and outstanding Class A Ordinary Shares if the underwriter does not exercise its over -allotmentoption, and approximately 10.31% of our issued and outstanding Class A Ordinary Shares if the underwriter exercises its over -allotmentoption in full. All of the Public Offering Class A Ordinary Shares will be freely transferable by persons other than our “affiliates” without restriction or further registration under the Securities Act. Lock-Up Agreements Our directors, officers and certain holders holding in excess of 4.