Company: QSEA
Filing Date: 2025-02-03
Form Type: DRS/A
Source: 0001829126-25-000616
Chunk: 154

Company: Quartzsea Acquisition Corp
Filing Date: 2025-02-03
Form: DRS/A
Chunk 154
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000 |     |       |   6.86 | % |
| Total                                                                                                                                                                                                     |     | $      | 1,020,000 |     |       | 100.00 | % |

| (1) | A portion of the offering expenses will be paid from the proceeds of a loan from our Sponsor up to $500,000 as described in this prospectus. This amount will be repaid upon completion of this offering out of the $60,000,000 of offering proceeds that has been allocated for the payment of offering expenses (other than underwriting commissions) and amounts not to be held in the trust account. In the event that offering expenses are less than set forth in this table, any such amounts will be used for post-closing working capital expenses. In the event that the offering expenses are more than as set forth in this table, we may fund such excess with funds not held in the trust account. |

| (2) | This represents the estimated costs and the discounts. |

| (3) | These expenses are estimates only. Our actual expenditures for some or all of these items may differ from the estimates set forth herein. For example, we may incur greater legal and accounting expenses than our current estimates in connection with negotiating and structuring our initial business combination based upon the level of complexity of that business combination. We do not anticipate any change in the categories of our intended use of proceeds. |

<div align='center'>90</div>

Our Sponsor has committed to purchase an aggregate of 215,000 private units (or 221,750 private units if the underwriters’ over-allotment option is exercised in full) at $10.00 per private unit for a total purchase price of $2,150,000 (or $2,217,500 if the underwriters’ over-allotment option is exercised in full) from us. All of the proceeds we receive from these purchases will be placed in the trust account described below. We are not permitted to use the proceeds placed in the trust account and the interests earned thereon to pay any excise taxes or any other similar fees or taxes in nature that may be imposed on the Company pursuant to any current, pending or future rules or laws.

$60,000,000, or $69,000,000 if the over-allotment option is exercised in full, of net proceeds of this offering and the sale of the private units, will be deposited into a United States-based trust account maintained by Continental Stock Transfer & Trust Company