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Quartzsea Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights

1. QSEAU holders can trade units separately starting May 12, 2025. 2. Separated shares will trade under symbols QSEA and QSEAR. 3. No units will be sold before proper registration or qualification. 4. QSEAU is a blank check company aiming for business combinations. 5. Forward-looking statements carry risks that may impact future results.

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0%Current Return
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-0.13%S&P 500
$10.1305/08 06:05 PM EDTEvent Start
$10.1305/10 12:07 AM EDTLatest Updated
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FAQ

Why Bullish?

Separating units can increase trading activity and investor interest, similar to past SPACs that performed well after separating shares.

How important is it?

The announcement is significant for QSEAU investors, as trading separations can drive demand and liquidity.

Why Short Term?

The separation of units is likely to generate immediate trading interest, influencing short-term price fluctuations.

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QSEAQSEAR
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Quartzsea Acquisition Corp (Nasdaq: QSEAU, the “Company”) announced that, holders of the 8,280,000 units sold in the Company’s initial public offering may elect to separately trade the ordinary shares and rights included in the units, commencing on or about May 12, 2025. Any units not separated will continue to trade on the Nasdaq Global Market (the “Nasdaq”) under the symbol “QSEAU,” and the separated ordinary shares and rights are expected to trade on the Nasdaq under the symbols “QSEA” and “QSEAR,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Co., the Company’s transfer agent, in order to separate the units into ordinary shares and rights. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Quartzsea Acquisition Corp Quartzsea Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region. Forward-Looking Statements This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Contact Qi GongChief Executive OfficerEmail: qgong@quartzsea.comTel: (212) 612-1400

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