Company: QSEA
Filing Date: 2025-02-24
Form Type: S-1
Source: 0001829126-25-001168
Chunk: 120

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-24
Form: S-1
Chunk 120
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 business affairs, please see the section of this prospectus entitled “Management
— Directors and Executive Officers.”

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Members of our management team and directors may have affiliations with entities engaged in business activities similar to those intended to be conducted by us and accordingly, may have conflicts of interest.

Members of our management team and directors
may have affiliations with companies, including companies that are engaged in business activities similar to those intended to be conducted
by us. Accordingly, they may participate in transactions and have obligations that may be in conflict or competition with our consummation
of our initial business combination. As a result, a potential target business may be presented by our management team to another entity
prior to its presentation to us and we may not be afforded the opportunity to engage in a transaction with such target business. More
specifically, our Chief Executive Officer has fiduciary and contractual duties to Yotta and Quetta, although Yotta and Quetta have each
executed a definitive merger agreement with a target company in connection with their respective initial business combinations. Our director
nominee, Daniel M. McCabe, has fiduciary duties to Yotta, Quetta and Black Hawk. Yotta and Quetta have each executed a definitive merger agreement with a target company in connection with their respective initial business
combinations. Black Hawk is still searching for a target. These conflicts of interests may limit the number of
potential targets that our management presents to us for purposes of completing a business combination. For a more detailed description
of the potential conflicts of interest of our management, see the section titled “Management — Conflicts of Interest.”

Certain of our officers and directors may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in allocating their time and determining to which entity a particular business opportunity should be presented.

Following the completion of this offering and until we consummate our initial business combination, we intend to engage in the business of identifying and combining with one or more businesses or entities. Our Sponsor, directors, and officers may in the future become, affiliated with entities that are engaged in a similar business.

In addition, the Sponsor may sponsor or form other public blank check companies similar to ours, or sponsor or form any private equity fund targeting private company acquisitions, during the period in which we are seeking our initial business combination, including but not limited to, investment vehicles that may invest side-by-side with our company