Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 211

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 211
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 to allow redemption           
 in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business      
 combination within 15 months from the consummation of this offering, or (ii) with respect to any other provision relating to shareholders’ 
 rights or pre-initial business combination activity, we will provide our public shareholders with the opportunity to redeem all or         
 a portion of their public shares upon such approval at a per-share price, payable in cash, equal to the aggregate amount then on           
 deposit in the trust account, including interest income earned on the funds held in the trust account (which interest shall be net         
 of taxes payable), divided by the number of then outstanding public shares; and                                                            |

| ● | We will not effectuate our initial                                                                  
 business combination with another blank check company or a similar company with nominal operations. |

Authorized But Unissued Shares

After consummation of our initial public offering,
any authorized but unissued ordinary shares will be available for future issuances without shareholder approval and could be utilized
for a variety of corporate purposes, including future offerings to raise additional capital, acquisitions, or employee benefit plans.
The existence of authorized but unissued and unreserved ordinary shares could render more difficult or discourage an attempt to obtain
control of us by means of a proxy contest, tender offer, merger, or otherwise.

Certain Anti-Takeover Provisions of our Post-offering Memorandum and Articles of Association

Our Post-offering Memorandum and Articles of Association
will provide that our board of directors will be classified into three classes of directors. As a result, in most circumstances, a person
can gain control of our board only by successfully engaging in a proxy contest at two or more annual meetings.

Our authorized but unissued ordinary shares are available
for future issuances without shareholder approval and could be utilized for a variety of corporate purposes, including future offerings
to raise additional capital, acquisitions and employee benefit plans. The existence of authorized but unissued and unreserved ordinary
shares could render more difficult or discourage an attempt to obtain control of us by means of a proxy contest, tender offer, merger
or otherwise.

Anti-Money Laundering — Cayman Islands

In order to comply with legislation or regulations
aimed at the prevention of money laundering, we are required to adopt and maintain anti-money laundering procedures, and may require
subscribers to provide evidence to verify their identity. Where permitted, and subject to certain conditions, we may also delegate the
maintenance