Company: QSEA
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001829126-25-001750
Chunk: 136

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-12
Form: S-1/A
Chunk 136
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 and to return
all of the cash in the trust to the public shareholders, even if that business combination were with a riskier or less-established target
business. For the foregoing reasons, you should consider our management team’s financial incentive to complete an initial business
combination when evaluating whether to redeem your shares prior to or in connection with the initial business combination.

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The determination of the offering price of our units and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our units properly reflects the value of such units than you would have in a typical offering of an operating company.

Prior to this offering there has been no public market for any of our securities. The public offering price of the units were negotiated between us and the underwriters. In determining the size of this offering, management held customary organizational meetings with the representatives of the underwriters, both prior to our inception and thereafter, with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably could raise on our behalf. Factors considered in determining the size of this offering, prices and terms of the units, including the ordinary shares and rights underlying the units, include:

| ● | the history and prospects of companies whose principal business is the acquisition of other companies; |

| ● | prior offerings of those companies; |

| ● | our prospects for acquiring an operating business; |

| ● | a review of debt-to-equity ratios in leveraged transactions; |

| ● | our capital structure; |

| ● | an assessment of our management and their experience in identifying operating companies; |

| ● | general conditions of the securities markets at the time of this offering; and |

| ● | other factors as were deemed relevant. |

Although these factors were considered, the determination of our offering price is more arbitrary than the pricing of securities of an operating company in a particular industry since we have no historical operations or financial results.

Prior to this offering, there is no market for our securities and there is no guarantee that a market will develop which means that you will not be able to easily predict the liquidity and other price discovery aspects of our securities.

Prior to this offering, there is no market for our securities. As a result, information about us is limited which may limit your ability to determine an appropriate price for our securities. Moreover, our valuation may change depending on any combination of economic