S
STARRY SEA ACQUISITION CORP
SSEARCIK 0002059165NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksE9FY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$320.6K
Total Assets
$58.74M
Equity
$5.76M
Shares Out
7.64M
Op. Cash Flow
$-702.5K
Business
STARRY SEA ACQUISITION CORP is a foreign private issuer in Blank Checks, headquartered in the United States. Shares trade on Nasdaq under the ticker SSEA.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation and operating costs | 542,614 | |
| Loss from Operations | −542,614 | |
| Interest earned on cash held in Trust Account | 863,257 | |
| Income (loss) before income taxes | 320,643 | |
| Income taxes expense | — | |
| Net income (loss) | 320,643 | |
| Weighted average shares outstanding, basic | 2 | |
| Weighted average shares outstanding, diluted | 2 | |
| Basic net loss per ordinary share | −0.78 | |
| Diluted net loss per ordinary share | −0.78 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Cash and cash equivalents | 112,134 | — | |
| Prepaid expenses | 267,482 | — | |
| Total current assets | 379,616 | — | |
| Deferred offering costs | — | 25,000 | |
| Cash held in Trust Account | 58 | — | |
| Total Non-current Assets | 58 | 25,000 | |
| Total Assets | 59 | 25,000 | |
| Accrued expenses | 550 | 25,000 | |
| Promissory Note - related party | — | 6,974 | |
| Total Current Liabilities | 550 | 31,974 | |
| Ordinary shares subject to possible redemption, 5,750,000 and 0 nil shares issued and outstanding at redemption value of $10.12 and nil as of December 31, 2025 and 2024, respectively. | 53 | — | |
| Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 1,885,871 and 1,437,500 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 189 | 144 | |
| Additional paid-in capital | 5 | 24,856 | |
| Subscription receivable | — | −25,000 | |
| Retained earning (accumulated deficit) | 313,669 | −6,974 | |
| Total Shareholders Equity (Deficit) | 6 | −6,974 | |
| Total Liabilities and Shareholders Equity (Deficit) | 59 | 25,000 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation and operating costs paid by Sponsor | 107,024 | |
| Amortization of prepaid expenses | 128,583 | |
| Prepaid expenses | −396,066 | |
| Accrued expenses | 550 | |
| Net cash used in operating activities | −702,523 | |
| Investment of cash in trust account | −58 | |
| Net cash used in investing activity | −58 | |
| Proceeds from promissory note payable - related party | 2,000 | |
| Repayment of promissory note payable - related party | −387,484 | |
| Proceeds from sale of public units through public offerings, net of underwriters discount | 56 | |
| Proceeds from ordinary shares issued in private placement | 2 | |
| Payment of offering costs | −121,069 | |
| Net cash provided by financing activities | 58 | |
| Net change in cash | 112,134 | |
| Issuance of representative shares | 2 | |
| Initial classification of ordinary shares subject to possible redemption | 50 | |
| Allocation of offering costs to ordinary shares subject to possible redemption | 3 | |
| Accretion of carrying value to redemption value | 3 | |
| Deferred offering costs paid by Sponsor in exchange for the issuance of ordinary shares | 25,000 | |
| Deferred offering cost paid by Sponsor | 254,140 |
Filings
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