Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 168

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 168
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 TO THE CONSOLIDATED FINANCIAL STATEMENTS

| Contents                                                                                                          
 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID: 7154)                                          
 CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2025 AND 2024                                                         
 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) FOR THE YEARS ENDED MARCH 31, 2025 AND 2024 |     | Page 
 F-2  
 F-3  
 F-4  |
|:------------------------------------------------------------------------------------------------------------------|:----|:-----|
| CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE YEARS ENDED MARCH 31, 2025 AND 2024            |     | F-5  |
| CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED MARCH 31, 2025 AND 2024                                 |     | F-6  |
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                                                                        |     | F-7  |

F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To Board of Directors and stockholders of
Seahawk Recycling Holdings, Inc. Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Seahawk Recycling Holding, Inc. (the “Company”) as of March 31, 2025 and 2024, the related consolidated statements of operations and comprehensive income (loss), changes in shareholders ‘equity and cash flows for each of the years in the two -yearperiod ended March 31, 2025, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of March 31, 2025 and 2024, and the results of its operations and its cash flows for each of the years in the two -yearperiod ended March 31, 2025, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in