Company: SEAH
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091701
Chunk: 37

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-09-25
Form: F-1
Chunk 37
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 will prevail in the trading market and such market prices may be volatile. The initial public offering price does not bear any relationship to our earnings, book value or any other indicia of value. We cannot assure you that the market price of our Class A Ordinary Shares will not decline significantly below the initial public offering price. The financial markets in the United States and other countries have experienced significant price and volume fluctuations in the last few years. Volatility in the price of our Class A Ordinary Shares may be caused by factors outside of our control and may be unrelated or disproportionate to changes in our results of operations. You will experience immediate and substantial dilution in the net tangible book value of Class A Ordinary Shares purchased. The initial public offering price of our Class A Ordinary Shares is substantially higher than the (pro forma) net tangible book value per share of our Class A Ordinary Shares. Consequently, when you purchase our Class A Ordinary Shares in the Offering and upon completion of the Offering, you will incur immediate dilution of $[•] per share, 20 assuming an initial public offering price of $5.00, which is the midpoint of the price range as set forth on the cover page of this prospectus. See “Dilution.” In addition, you may experience further dilution to the extent that additional Class A Ordinary Shares are issued upon exercise of outstanding options we may grant from time to time. The sale or availability for sale of substantial amounts of our Class A Ordinary Shares could adversely affect their market price. Sales of substantial amounts of our Class A Ordinary Shares in the public market after the completion of the Offering, or the perception that these sales could occur, could adversely affect the market price of our Class A Ordinary Shares and could materially impair our ability to raise capital through equity offerings in the future. The Class A Ordinary Shares sold in the Offering will be freely tradable without restriction or further registration under the Securities Act, and certain Class A Ordinary Shares held by our existing shareholders may also be sold in the public market in the future, subject to the restrictions in Rule 144 and Rule 701 under the Securities Act and the applicable lock -upagreements. In particular, as of the date of this prospectus, our existing non -affiliatedshareholders collectively hold 6,494,280 Class A Ordinary Shares. If a material part or all of these Class A Ordinary Shares are sold in the public market within a short period, potential market price volatility and downward pressure on the price of our Class A Ordinary Shares may occur. As of the date