Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 13

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 13
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PY30 million or more, and receive permission from the Bank of Japan for remittance to certain restricted countries (such as North Korea, Iran, Syria and so forth) and sanctioned entities and individuals. We have never declared or paid any cash dividends on our Ordinary Shares. We do not have any present plan to pay any cash dividends on our Class A Ordinary Shares in the foreseeable future after the Offering. We currently intend to retain most, if not all, of our available funds and any future earnings to support operations and to finance the growth and development of the Operating Entity’s business. As disclosed above, both Seahawk and the Operating Entity currently intend to retain all of their respective remaining funds and future earnings, if any, for the operations and expansion of our subsidiaries’ business and do not anticipate declaring or paying any further dividends in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our board of directors after considering our financial condition, results of operations, capital requirements, contractual requirements, business prospects and other factors the board of directors deems relevant, and subject to the restrictions contained in any future financing instruments. As of the date of this prospectus, we do not presently plan to pay any dividends out of our retained earnings after listing our Class A Ordinary Shares on the NASDAQ Capital Market (“NASDAQ”). Our Corporate Information Our principal executive offices are located at 4F Kita -ShinjukuKimishima Building, 4 -8-16, Kita -Shinjuku, Shinjuku -ku, Tokyo 1690074, Japan, and our telephone number is +81 -03-69086295. Our registered office in the BVI is at Keyway Chambers, 3 rdFloor, Quastisky Building, Road Town, Tortola, British Virgin Islands. We maintain a website at https: // www.shwkinc.com. The information contained on our website is not a part of this prospectus. Our agent for service of process in the United States is [ ], [address]. Implications of Our Being an “Emerging Growth Company” As a company with less than $1.235 billion in revenue during our last fiscal year, we qualify as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012, or the JOBS Act. An “emerging growth company” may take advantage of reduced reporting requirements that are otherwise generally applicable to public companies. In particular, as an emerging growth company, we: •