Company: QSEA
Filing Date: 2025-02-24
Form Type: S-1
Source: 0001829126-25-001168
Chunk: 50

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-24
Form: S-1
Chunk 50
---
 public shares sold in this offering. |

| ● | We are a Cayman Islands exempted company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective. |
| ● | Past performance of members of our management team may not be indicative of future performance of an investment in the Company.                                               |

<div align='center'>35</div>

Risks Associated with Acquiring and Operating a Business Outside of the United States

| ● | We may affect our initial business combination with a company located outside of the United States.                                                                                                                                              |
| ● | There are costs and difficulties inherent in managing cross-border business operations.                                                                                                                                                          |
| ● | Many countries have difficult and unpredictable legal systems and underdeveloped laws and regulations that are unclear and subject to corruption and inexperience, which may adversely impact our results of operations and financial condition. |
| ● | If relations between the United States and foreign governments deteriorate, it could cause potential target businesses or their goods and services to become less attractive.                                                                    |
| ● | If our management following our initial business combination is unfamiliar with United States securities laws, they may have to expend time and resources becoming familiar with such laws.                                                      |
| ● | Because foreign law could govern our material agreements, we may not be able to enforce our rights within such jurisdiction or elsewhere.                                                                                                        |
| ● | U.S. laws and regulations, including the Holding Foreign Companies Accountable Act, may restrict or eliminate our ability to complete a business combination with certain companies.                                                             |

Risks Associated with Ties to China and Acquiring and Operating a Target Business with its Primary Operation in China As set forth herein, we are a holding company with no material operations of our own. Our efforts in identifying a prospective target business will not be limited to a particular country. Our Sponsor and certain of our executive officers and directors have significant ties to the PRC, and we may seek to acquire a company that is based in China in an initial business combination. We may conduct a substantial majority of our operations through the PRC Target Company’s subsidiaries in the PRC of such potential ties to China, we may be subjected to the laws, rules and regulations of the PRC. Accordingly, in addition to the risk factors referred to above, we have set forth some of the primary risks we have identified in seeking to consummate our initial business combination with a company having its primary operations in the PRC. For more detailed description of the below risks and other risks related to