---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-004323"
form_type: "8-K"
ticker: "QSEA"
cik: "0002047455"
company_name: "Quartzsea Acquisition Corp"
filed_at: "2025-06-06T23:59:59+00:00"
generated_at: "2026-05-19T18:53:06.094662+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Quartzsea SPAC to acquire PET cup maker Broadway Tech for $520M in stock; combined co. to trade as 'CUPS'

## Summary
- Aggregate consideration of $520M payable in Purchaser ordinary shares at $10.00 per share.
- Merger consideration to Broadway Tech shareholders entirely in stock; lock-up of 180 days for holders >20%.
- Post-closing board: 1 director from Quartzsea, 4 from Broadway Tech.
- Closing conditions include shareholder approvals, SEC effectiveness, Nasdaq listing, and CSRC filing.
- Break-up fee of $500,000 payable by defaulting party upon termination.

## SEC filing metadata
- accession: 0001829126-25-004323
- form_type: 8-K
- ticker: QSEA
- cik: 0002047455
- company_name: Quartzsea Acquisition Corp
- filed_at: 2025-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2047455/000182912625004323/0001829126-25-004323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2047455/000182912625004323/quartzsea_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-004323
- JSON: https://secwatch.observer/filing/0001829126-25-004323.json
- Plain text: https://secwatch.observer/filing/0001829126-25-004323.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.