Quartzsea SPAC to merge with Eight Directions Technology in $515M deal

Quartzsea Acquisition Corp

Eight Directions is a provider of premium custom disposable PET cups, lids, and packaging.
Pre-money equity valuation of Eight Directions approximately $515 million.
Merger: Eight Directions survives as wholly owned subsidiary of new public company.
Lock-up agreements for 180 days for certain shareholders; registration rights granted.
Transaction subject to shareholder approvals, SEC effectiveness, Nasdaq listing.

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Quartzsea Acquisition Corp entered into Agreement and Plan of Merger with Eight Directions Technology Limited, Jeffrey & Vans Technology Inc., Pivot Technology Holding Inc., Chengji Zhang, Eight Directions Global Limited, CUPS Sub Limited (effective 2026-05-13).

Action: entry
Agreement: merger
Counterparty: Eight Directions Technology Limited, Jeffrey & Vans Technology Inc., Pivot Technology Holding Inc., Chengji Zhang, Eight Directions Global Limited, CUPS Sub Limited
Effective: 2026-05-13

Exact text from the filing

ntative”), Eight Directions Global Limited, a Cayman Islands exempted company and wholly owned subsidiary of Parent (“Purchaser”), and CUPS Sub Limited, a Cayman Islands exempted company and wholly owned subsidiary of Purchaser (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). Capitalized terms used herein but not otherwise defined herein have the meanings ascribed to them in the Merger Agreement.

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Quartzsea Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001829126-26-005259

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