secwatch.observer — SEC 8-K summary
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Issuer:     Quartzsea Acquisition Corp (QSEA)
CIK:        0002047455
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001829126-25-002082
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quartzsea Acquisition Corp closes IPO of 8.28M units at $10, raising $82.8M in trust
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- IPO of 8,280,000 units at $10/unit closed March 19; gross proceeds $82.8M.
- Underwriters fully exercised overallotment (1,080,000 additional units).
- Private placement of 231,900 units to sponsor Blue Jay Investment for $2,319,000.
- Net proceeds of $82.8M deposited in trust; cash outside trust $1,245,878.
- Auditor notes going concern: 15-month deadline to complete business combination by June 19, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2047455/000182912625002082/0001829126-25-002082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2047455/000182912625002082/quartzsea_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-002082

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