Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 59

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 59
---
     | US$            | 0.45 |
| Amount of dilution in net tangible book value per Class A Ordinary Share to new investors in the Offering |     | US$         | 4.59 |     | US$            | 4.55 |

____________ (1)Assumes that the underwriter’s over -allotmentoption has not been exercised. If the underwriter exercises its over -allotmentoption in full, the pro forma as adjusted net tangible book value per Ordinary Share after the Offering would be US$0.45, the increase in net tangible book value per Ordinary Share to existing shareholders would be US$0.36, and the immediate dilution in net tangible book value per Class A Ordinary Share to new investors in the Offering would be US$4.55. To the extent that we issue additional Class A Ordinary Shares in the future, there will be further dilution to new investors participating in the Offering.

37

The following table summarizes, on an as adjusted basis as of March 31, 2025, the differences between existing shareholders and the new investors, the total consideration paid and the average price per Class A Ordinary Share before deducting the estimated underwriting discounts and non -accountableexpenses to the underwriter and the estimated offering expenses payable by us.

| Over-allotment option not exercised 
 Number                              |     | Ordinary Shares 
       purchased 
         Percent |     |     | Amount |     | Total consideration |    Percent |     |     |   |     | Average        
 price per      
 ordinary share |      |
|:------------------------------------|:----|----------------:|:----|----:|:-------|:----|:--------------------|-----------:|:----|----:|:--|:----|:---------------|-----:|
| Existing shareholders               |     |      23,530,000 |     |  92 | %      |     | $                   |  1,043,533 |     |   9 | % |     | $              | 0.04 |
| New investors                       |     |       2,000,000 |     |   8 | %      |     | $                   | 10,000,000 |     |  91 | % |     | $              | 5.00 |
| Total                               |     |      25,530,000 |     | 100 | %      |     | $                   | 11,043,533 |