Q
Quartzsea Acquisition Corp
QSEAUCIK 0002047455NasdaqEmerging GrowthBlank ChecksE9FY ends Nov 30
Period
FY 2025
Revenue
—
Net Income
$511.0K
Total Assets
$85.34M
Equity
$-3.92M
Shares Out
11.41M
Op. Cash Flow
$-1.27M
Business
Quartzsea Acquisition Corp is a foreign private issuer in Blank Checks, headquartered in the United States. Shares trade on Nasdaq under the ticker QSEA.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-11-30 |
|---|---|---|
| General and administrative expenses | 2 | |
| Loss from operations | −2 | |
| Interest income | 14,438 | |
| Interest earned on investments held in Trust Account | 2 | |
| Total other income | 2 | |
| Income (Loss) before income taxes | 510,959 | |
| Income taxes provision | — | |
| Net income (loss) | 510,959 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-11-30 | FY 2024 2024-11-30 | FY 2024 2024-10-31 |
|---|---|---|---|---|
| Cash | 12,095 | 311,000 | — | |
| Due from related party | 19,575 | — | — | |
| Prepaid expenses | 60,824 | 15,000 | — | |
| Total Current Assets | 92,494 | 326,000 | — | |
| Deferred offering costs | — | 190,000 | — | |
| Prepaid expenses | 41,699 | — | — | |
| Investments held in Trust Account | 85 | — | — | |
| Total Assets | 85 | 516,000 | — | |
| Accrued administrative expense | 60,000 | — | — | |
| Accounts payable and accrued expenses | 681,883 | 1,166 | — | |
| Promissory note related party | — | 500,000 | — | |
| Total Current Liabilities | 741,883 | 501,166 | — | |
| Deferred underwriting fee payable | 3 | — | — | |
| Total Liabilities | 4 | 501,166 | — | |
| Ordinary shares subject to possible redemption, 8,280,000 shares and 0 shares at redemption value of $10.29 and $0 per share as of November 30, 2025 and November 30, 2024, respectively | 85 | — | — | |
| Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 3,129,900 shares and 2,898,000(1) issued and outstanding, respectively as of November 30, 2025 and November 30, 2024 (excluding 8,280,000 and 0 shares subject to possible redemption as of November 30, 2025 and November 30, 2024, respectively) | 313 | 290 | — | |
| Additional paid-in capital | — | 24,710 | — | |
| Accumulated deficit | −4 | −10,166 | — | |
| Total Shareholders (Deficit) Equity | −4 | 14,834 | — | |
| Total Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders (Deficit) Equity | 85 | 516,000 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-11-30 |
|---|---|---|
| Net income (loss) | 510,959 | |
| Interest earned on short-term investment | −7,966 | |
| Prepaid expenses | −87,523 | |
| Accrued administrative expense | 60,000 | |
| Due from related party | −19,575 | |
| Accounts payable and accrued expenses | 680,717 | |
| Net cash used in operating activities | −1 | |
| Purchase of short-term investment | −600,000 | |
| Proceeds from sale of short-term investment | 607,966 | |
| Purchase of investments held in Trust Account | −83 | |
| Net cash used in investing activities | −83 | |
| Proceeds from sale of public units | 83 | |
| Proceeds from sale of Private Placements units | 2 | |
| Payment of underwriter fees | −586,500 | |
| Proceeds from issuance of common stock to Sponsor | — | |
| Proceeds from promissory note related party | — | |
| Repayment of promissory note related party | −500,000 | |
| Payment of offering costs | −273,251 | |
| Net cash provided by financing activities | 84 | |
| Net Changes in Cash | −298,905 | |
| Accretion of additional paid in capital to accumulated deficit | 3 | |
| Remeasurement of carrying value to redemption value | 9 | |
| Deferred underwriting fee payable | 3 |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro