Quartzsea Acquisition Corporation Announces Pricing of $72,000,000 Upsized Initial Public Offering

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- Quartzsea Acquisition Corporation (NASDAQ:QSEA, the "Company")), a Cayman Islands exempted company, announced today that it priced its initial public offering of 7,200,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market ("NASDAQ") and trade under the ticker symbol "QSEAU" beginning on March 18, 2025. Each unit consists of one of the Company's ordinary shares and one right, with each whole right entitling the holder thereof to receive one-fifth (1/5) of one ordinary share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units and only whole rights will trade.

Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on NASDAQ under the symbols "QSEA" and "QSEAR", respectively.

SPAC Advisory Partners, ...