Company: SSEA
Filing Date: 2025-03-05
Form Type: DRS
Source: 0001829126-25-001469
Chunk: 67

Company: STARRY SEA ACQUISITION CORP
Filing Date: 2025-03-05
Form: DRS
Chunk 67
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 initial business combination, blank check companies have, in the recent past, amended various provisions of their charters and other governing instruments. We may seek to amend our post-offering amended and restated memorandum and articles of association or governing instruments in a manner to make it easier for us to complete our initial business combination, which our shareholders may not support.

In order to effectuate a business
combination, blank check companies have, in the recent past, amended various provisions of their charters and governing instruments. For
example, blank check companies have amended the definition of business combination, increased redemption thresholds, and extended the
time to consummate a business combination. Amending our post-offering amended and restated memorandum and articles of association will
require at least a special resolution of our shareholders as a matter of Cayman Islands law, meaning the approval by (1) holders of at
least two-thirds of our ordinary shares who attend and vote at a general meeting of the company, or (2) a unanimous written resolution
of all of our shareholders. We cannot assure you that we will not seek to amend our post-offering amended and restated memorandum and
articles of association or governing instruments or extend the time to consummate an initial business combination in order to effectuate
our initial business combination. In addition, our post-offering amended and restated memorandum and articles of association will require
us to provide our public shareholders with the opportunity to redeem their public shares for cash if we propose an amendment to our amended
and restated memorandum and articles of association (A) that would modify the substance or timing of our obligation to provide holders
of our public shares the right to have their shares redeemed or repurchased in connection with our initial business combination or to
redeem 100% of our public shares if we do not complete our initial business combination within 12 months from the effective date of this
registration statement or (B) with respect to any other provision relating to the rights of holders of our public shares.

The ability of a large number of our shareholders to exercise redemption rights may not allow us to consummate the most desirable business combination or optimize our capital structure.

In connection with the successful consummation of our business combination, we may redeem up to that number of ordinary shares that would permit us to maintain net tangible assets of $5,000,001. If our business combination requires us to use substantially all of our cash to pay the purchase price, the redemption threshold may be further limited. Alternatively, we may need to arrange