Company: SEAH
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091701
Chunk: 51

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-09-25
Form: F-1
Chunk 51
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 of the company; •was not obtained in a fraudulent manner and is not of a kind the enforcement of which is contrary to natural justice or the public policy of the BVI. 29 In appropriate circumstances, a BVI Court may give effect in the BVI to other kinds of final foreign judgments such as declaratory orders, orders for performance of contracts and injunctions. City -YuwaPartners has further advised us that foreign judgments of United States courts will not be directly enforced in Japan as there are currently no treaties or other arrangements providing for reciprocal enforcement of foreign judgments between Japan and the United States. As a result, a judgment of a foreign court including U.S. and BVI may be enforced in a court of Japan, without further consideration of the merits of the case, only if all of the following conditions are satisfied: (a)the foreign judgment concerned is duly obtained and is final and conclusive; (b)the jurisdiction of the foreign court has not been precluded by any law, order or treaty; (c)service of process has been duly effected on the party against which such judgment is to be enforced in Japan other than by public notice or some other similar method, or the counterparty has appeared in the relevant proceedings in the foreign jurisdiction without receiving service thereof; (d)the foreign judgment concerned (including the court procedures leading to such judgment) is not contrary to public order or good moral doctrine in Japan; (e)judgments of the Japanese courts receive reciprocal treatment in the courts of the foreign jurisdiction concerned; and (f)the dispute resolved by the foreign judgment has not been resolved by a judgment given by a Japanese court and is not being litigated before a Japanese court. 30 OUR HISTORY AND CORPORATE STRUCTURE Our Corporate History The Operating Entity was established on March 5, 2013, as a limited company under the laws of Japan. Top Edge was established on February 18, 2022, as a business company with limited liability incorporated in the BVI that does not have active operations as of the date of this prospectus. Before the completion of the Offering, we completed a reorganization of our corporate structure in the following steps: •on February27, 2025, the Company was incorporated under the laws of the BVI as an exempted company with limited liability; •on March10, 2025, the Company acquired 100% of the equity interests in the Operating Entity from its original shareholders; and •on March27, 2025, the Company acquired