Company: SSEA
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004904
Chunk: 64

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-07-07
Form: S-1/A
Chunk 64
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 or abstain from voting. |

| Whether we elect to effectuate our initial                                                                                           
 business combination via shareholder vote or tender offer, we may require public shareholders wishing to exercise redemption rights, 
 whether they are a record holder or hold their shares in “street name,” to either tender the certificates they are                   
 seeking to convert to our transfer agent or to deliver the shares they are seeking to convert to the transfer agent electronically   
 using Depository Trust Company’s DWAC (Deposit/Withdrawal At Custodian) System, at the holder’s option, at any time at               
 or prior to the vote on the business combination. There is a nominal cost associated with this tendering process and the act of      
 certificating the shares or delivering them through the DWAC System. The transfer agent will typically charge the tendering broker a 
 fee and it would be up to the broker whether or not to pass this cost on to the converting holder. The foregoing is different from   
 the procedures used by traditional blank check companies. In order to perfect redemption rights in connection with their business    
 combinations, many traditional blank check companies would distribute proxy materials for the shareholders’ vote on an initial       
 business combination, and a holder could simply vote against a proposed business combination and check a box on the proxy card       
 indicating such holder was seeking to exercise its redemption rights. After the business combination was approved, the company would 
 contact such shareholder to arrange for it to deliver its certificate to verify ownership. As a result, the shareholder then had an  
 “option window” after the consummation of the business combination during which it could monitor the price of the                    
 company’s stock in the market. If the price rose above the conversion price, it could sell its shares in the open market             
 before actually delivering his shares to the company for cancellation. As a result, the redemption rights, to which shareholders     
 were aware they needed to commit before the general meeting, would become an “option” right surviving past the                       
 consummation of the business combination until the converting holder delivered its certificate. The requirement for physical or      
 electronic delivery prior to the closing of the general meeting ensures that a holder’s election to convert is irrevocable           
 once the business combination is completed.                                                                                          |

| Pursuant to our post-offering amended and restated memorandum and articles of association that will become effective immediately prior to or upon effectiveness of this prospectus, we are required to give a minimum of only five days’ notice for each general meeting. However, a final proxy statement will