Company: SSEA
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004904
Chunk: 53

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-07-07
Form: S-1/A
Chunk 53
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 and 232,121 private units. If we increase the size of the offering pursuant to Rule 462(b) under the Securities Act, we will effect a share capitalization immediately prior to the consummation of the offering in such amount as to maintain our initial shareholders’ ownership at 20.0% of our issued and outstanding ordinary shares upon the consummation of this offering (without giving effect to the sale of the private units and the issuance of representative shares, and assuming our initial shareholders do not purchase units in this offering). However, other than the foregoing, our initial shareholders, including the sponsor or its affiliates, have not received and will not receive any other form of compensation upon the closing of the offering.

Because of the nominal consideration of $25,000 the sponsor paid for the initial shares, upon the closing of this offering, your public shares will be significantly diluted. To illustrate, the table below shows possible sources of dilution and the extent of such dilution that non-redeeming public shareholders could experience in connection with the closing of this offering. The table below assumes: Scenario A) 25% of the maximum number of our public shares are redeemed, Scenario B) 50% of the maximum number of our public shares are redeemed, Scenario C) 75% of the maximum number of our public shares are redeemed, and Scenario D) maximum of our public shares are redeemed that would permit us to maintain net tangible assets of $5,000,001 are redeemed.

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|                                                                                           |     | Without Over-Allotment Option Exercised 
 Scenario A                              
 25% of                                  
 maximum                                 
 redemptions(1)                          |      |     | Scenario B     
 50% of         
 maximum        
 redemptions(2) |      |     | Scenario C     
 75% of         
 maximum        
 redemptions(3) |      |     | Scenario D     
 Maximum        
 redemptions(4) |      |
|:------------------------------------------------------------------------------------------|:----|:----------------------------------------|-----:|:----|:---------------|-----:|:----|:---------------|-----:|:----|:---------------|-----:|
| Offering price of $10 included in the units (adjusted to include the value of the rights) |     | $                                       | 8.57 |     | $              | 8.57 |     | $              | 8.57 |     | $              | 8.57 |
| Pro