Quartzsea Acquisition Corporation Announces Closing of $82,800,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
Quartzsea Acquisition (NASDAQ: QSEAU) has successfully completed its initial public offering (IPO), raising $82.8 million through the sale of 8,280,000 units at $10.00 per unit. The total includes the full exercise of the underwriters' over-allotment option for an additional 1,080,000 units.
Each unit comprises one ordinary share and one right, with each whole right allowing holders to receive one-fifth of an ordinary share upon completing an initial business combination. The units began trading on NASDAQ under 'QSEAU' on March 18, 2025. The ordinary shares and rights will later trade separately under 'QSEA' and 'QSEAR' respectively.
SPAC Advisory Partners, a division of Kingswood Capital Partners, , served as the sole book running manager for the offering.
Quartzsea Acquisition (NASDAQ: QSEAU) ha completato con successo la sua offerta pubblica iniziale (IPO), raccogliendo 82,8 milioni di dollari attraverso la vendita di 8.280.000 unità a 10,00 dollari per unità. Il totale include l'esercizio completo dell'opzione di sovrallocazione degli underwriter per ulteriori 1.080.000 unità.
Ogni unità è composta da un'azione ordinaria e un diritto, con ogni diritto intero che consente ai titolari di ricevere un quinto di un'azione ordinaria al completamento di una combinazione aziendale iniziale. Le unità hanno iniziato a essere scambiate su NASDAQ con il simbolo 'QSEAU' il 18 marzo 2025. Le azioni ordinarie e i diritti verranno successivamente scambiati separatamente con i simboli 'QSEA' e 'QSEAR' rispettivamente.
SPAC Advisory Partners, una divisione di Kingswood Capital Partners, ha svolto il ruolo di unico gestore della vendita per l'offerta.
Quartzsea Acquisition (NASDAQ: QSEAU) ha completado con éxito su oferta pública inicial (IPO), recaudando 82,8 millones de dólares a través de la venta de 8.280.000 unidades a 10,00 dólares por unidad. El total incluye el ejercicio completo de la opción de sobreasignación de los suscriptores para 1.080.000 unidades adicionales.
Cada unidad consta de una acción ordinaria y un derecho, con cada derecho entero que permite a los titulares recibir un quinto de una acción ordinaria al completar una combinación empresarial inicial. Las unidades comenzaron a cotizar en NASDAQ bajo 'QSEAU' el 18 de marzo de 2025. Las acciones ordinarias y los derechos se negociarán por separado bajo 'QSEA' y 'QSEAR', respectivamente.
SPAC Advisory Partners, una división de Kingswood Capital Partners, actuó como el único gerente de la oferta.
Quartzsea Acquisition (NASDAQ: QSEAU)는 상장공모(IPO)를 성공적으로 완료하고, 8,280,000개의 유닛을 유닛당 10.00달러에 판매하여 8,280만 달러를 모금했습니다. 총액에는 인수자의 초과배정 옵션을 통해 추가로 1,080,000개의 유닛이 포함됩니다.
각 유닛은 하나의 보통주와 하나의 권리로 구성되며, 각 전체 권리는 보통주 1/5를 받을 수 있는 권리를 부여합니다. 유닛은 2025년 3월 18일 NASDAQ에서 'QSEAU'로 거래를 시작했습니다. 보통주와 권리는 나중에 각각 'QSEA'와 'QSEAR'로 별도로 거래될 것입니다.
SPAC Advisory Partners는 Kingswood Capital Partners의 한 부서로, 이번 공모의 단독 주관사로 활동했습니다.
Quartzsea Acquisition (NASDAQ: QSEAU) a réussi à finaliser son introduction en bourse (IPO), levant 82,8 millions de dollars grâce à la vente de 8.280.000 unités à 10,00 dollars par unité. Le total inclut l'exercice complet de l'option de surallocation des souscripteurs pour 1.080.000 unités supplémentaires.
Chaque unité comprend une action ordinaire et un droit, chaque droit entier permettant à ses détenteurs de recevoir un cinquième d'une action ordinaire après la réalisation d'une combinaison d'affaires initiale. Les unités ont commencé à être échangées sur le NASDAQ sous le symbole 'QSEAU' le 18 mars 2025. Les actions ordinaires et les droits seront ensuite échangés séparément sous 'QSEA' et 'QSEAR' respectivement.
SPAC Advisory Partners, une division de Kingswood Capital Partners, a agi en tant que gestionnaire principal unique de l'offre.
Quartzsea Acquisition (NASDAQ: QSEAU) hat erfolgreich ihr Initial Public Offering (IPO) abgeschlossen und 82,8 Millionen Dollar durch den Verkauf von 8.280.000 Einheiten zu je 10,00 Dollar pro Einheit gesammelt. Die Gesamtsumme beinhaltet die vollständige Ausübung der Überzeichnungsoption der Underwriter für zusätzlich 1.080.000 Einheiten.
Jede Einheit besteht aus einer Stammaktie und einem Recht, wobei jedes volle Recht den Inhabern erlaubt, ein Fünftel einer Stammaktie nach Abschluss einer anfänglichen Unternehmenszusammenlegung zu erhalten. Die Einheiten begannen am 18. März 2025 mit dem Handel an der NASDAQ unter 'QSEAU'. Die Stammaktien und Rechte werden später separat unter 'QSEA' und 'QSEAR' gehandelt.
SPAC Advisory Partners, eine Abteilung von Kingswood Capital Partners, fungierte als alleiniger Bookrunner für das Angebot.
- Successfully raised $82.8 million in IPO proceeds
- Full exercise of over-allotment option indicates strong demand
- Listed on major exchange (NASDAQ Global Market)
- No specific business combination target identified yet
- Shareholders face uncertainty until acquisition target is identified
NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Quartzsea Acquisition Corporation (NASDAQ: QSEAU, the “Company”) announced today that it has closed its initial public offering of 8,280,000 units at
The units are listed on the Nasdaq Global Market (“NASDAQ”) and began trading under the ticker symbol “QSEAU” on March 18, 2025. 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, a division of Kingswood Capital Partners, LLC acted as sole book running manager in the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 14, 2024. The offering was made only by means of a prospectus, copies of which may be obtained, by contacting Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, or by calling 212-487-1080 or emailing Syndicate@kingswoodUS.com. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or a 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 Corporation
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 Gong
Chief Executive Officer
Email: qgong@quartzsea.com
Tel: (212) 612-1400
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