Quartzsea Acquisition Corporation
QSEAR
NASDAQ0.25
USD
- -
- -
CIK
0002047455
ISIN
KYG7314B1207
Return %
Stock
S&P500
1Y
13.55
15.01
3Y
13.55
82.56
5Y
13.55
79.55
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Gong Qi
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 1185 Avenue of the Americas New York NY United States of America 10036
- IPO Date
- Mar 18, 2025
- CIK
- 0002047455
- Website
- quartzsea.com
- Similar Companies
- Business
- Quartzsea Acquisition Corporation is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities; it is not limited to any particular industry or geographic region and currently has no operating revenues or commercial products outside its acquisition mandate. Founded in 2024 and headquartered at 1185 Avenue of the Americas, 3rd Floor, New York, New York, the company is sponsored by Blue Jay Investment LLC and operates through its Cayman Islands structure, including Cuisine Universal Packaging Solution and CUPS Sub Limited as wholly owned subsidiaries established for a proposed transaction. Quartzsea completed its initial public offering on March 19, 2025, raising $82.8 million through the sale of 8.28 million units, with proceeds placed in trust pending a business combination. In June 2025, Quartzsea entered into a merger agreement with Broadway Technology Inc., a manufacturer of high-quality PET cups and lids through Zhejiang Gaokai New Materials Co., Ltd., but that transaction was terminated on March 17, 2026 after extended regulatory review. On May 13, 2026, Quartzsea signed a new merger agreement with Eight Directions Technology Limited for an implied equity value of approximately $515 million, with Quartzsea to merge into Eight Directions Global Limited as the publicly traded successor entity, and the company later extended its business-combination deadline to October 19, 2026. Quartzsea’s current business focus remains the execution of this announced business combination and related shareholder approvals, rather than ongoing product or service operations.