Company: SSEA
Filing Date: 2025-03-05
Form Type: DRS
Source: 0001829126-25-001469
Chunk: 46

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-03-05
Form: DRS
Chunk 46
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,500 initial shares and 229,121 private units, representing 22.23% of the issued and outstanding shares following this offering, assuming the over-allotment option is not exercised. In total, assuming no exercise of over-allotment option, our initial shareholders will pay for an aggregate purchase price of $2,316,210 for an aggregate of 1,437,500 initial shares and 229,121 private units. 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) |     | $                                       | 8.75 |     | $              | 8.75 |     | $              | 8.75 |     | $              | 8.75 |
| Pro forma net tangible book value per share, as adjusted                                  |     |