Quartzsea Acquisition CORP

Market Movers (8-K)

NASDAQ
Quartzsea Acquisition Corporation has postponed its Extraordinary General Meeting and extended the shareholder redemption deadline to June 18, 2026.
Delay expected
NASDAQ
Quartzsea Acquisition Corporation has announced the postponement of its Extraordinary General Meeting of Shareholders from June 16, 2026, to June 18, 2026.
Delay expected
NASDAQ
Quartzsea Acquisition Corporation and Broadway Technology Inc. have mutually terminated their merger agreement due to prolonged China Securities Regulatory Commission approval processes.
Delay expected
Worse than expected
NASDAQ
Quartzsea Acquisition Corporation, a SPAC, has entered into a definitive merger agreement to acquire Broadway Technology Inc., a leading manufacturer of PET cups and lids, in a transaction valued at $520 million, with the combined entity expected to list on Nasdaq under the ticker "CUPS."
Capital raise
Delay expected
NASDAQ
Quartzsea Acquisition Corp announces that holders of its units can elect to separately trade the ordinary shares and rights starting on or about May 12, 2025.
NASDAQ
Quartzsea Acquisition Corporation successfully closed its initial public offering (IPO) on March 19, 2025, raising $82.8 million to pursue a business combination.

Quarterly Earnings (10-Q)

NASDAQ
Quartzsea Acquisition Corporation terminates merger agreement with Broadway Tech due to regulatory delays, now seeking alternative business combination opportunities.
Delay expected
NASDAQ
Quartzsea Acquisition Corporation has entered a definitive merger agreement with Broadway Technology Inc. but faces substantial doubt about its ability to continue as a going concern and has identified material weaknesses in internal controls.
Worse than expected
Delay expected
Capital raise
NASDAQ
Quartzsea Acquisition Corporation has entered into a definitive merger agreement to acquire Broadway Technology Inc for $520 million, while simultaneously disclosing a net loss and material weaknesses in its internal controls, raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
Quartzsea Acquisition Corporation's Q1 2025 report reveals a net loss and a going concern uncertainty due to the need to complete a business combination by June 2026.
Worse than expected

Annual Reports (10-K)

NASDAQ
Quartzsea Acquisition Corporation, a SPAC, reported its fiscal year 2025 results, including a net income of $510,959, and announced a definitive merger agreement with Broadway Technology Inc., a PET cups and lids manufacturer, while also disclosing substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected

Proxy Statements (Def-14A)

NASDAQ
Quartzsea Acquisition Corporation is requesting a four-month extension to finalize its business combination with Eight Directions Technology Limited, offering monthly trust account contributions to shareholders.
Delay expected

New Public Companies (S-1)

NASDAQ
Quartzsea Acquisition Corporation, a blank check company, files a registration statement to offer an additional 1,380,000 units, including potential over-allotment options.
Capital raise
NASDAQ
Quartzsea Acquisition Corporation files an exhibit-only amendment to its Form S-1 registration statement for its initial public offering.
Capital raise
NASDAQ
Quartzsea Acquisition Corporation, a newly formed blank check company, is seeking to raise $60 million through an IPO to pursue a merger, share exchange, or asset acquisition with one or more businesses.
Capital raise
NASDAQ
Quartzsea Acquisition Corporation, a newly formed blank check company, aims to raise $60 million through an initial public offering to pursue a merger, share exchange, or similar business combination.
Capital raise
NASDAQ
Quartzsea Acquisition Corporation, a newly formed blank check company, aims to raise $60 million through an initial public offering to pursue a merger, share exchange, asset acquisition, or similar business combination.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Blue Jay Investment LLC, the sponsor of Quartzsea Acquisition Corp, has transferred 70% of its interest to Wealthwise Solutions LTD, making it the new majority holder and signaling a significant shift in the SPAC's foundational backing.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Wolverine Asset Management, LLC and affiliated entities have reported beneficial ownership of 4.89% of Quartzsea Acquisition Corporation's ordinary shares as of June 30, 2026.
NASDAQ
Feis Equities LLC and Lawrence M. Feis have jointly reported beneficial ownership of 600,132 ordinary shares, representing 5.26% of the outstanding shares of Quartzsea Acquisition Corp.
NASDAQ
Karpus Management, Inc. has filed a Schedule 13G reporting an 8.54% beneficial ownership stake in Quartzsea Acquisition Corp.
NASDAQ
Mizuho Financial Group, Inc. has reported a 5.6% beneficial ownership stake in Quartzsea Acquisition Corporation, holding 641,777 common shares.
NASDAQ
Wolverine Asset Management and affiliated entities have reported a passive 5.12% beneficial ownership stake in Quartzsea Acquisition Corp, totaling 584,505 ordinary shares.
NASDAQ
Harraden Circle Investments and related entities have fully divested their Class A Common Stock holdings in Quartzsea Acquisition Corp, reducing their beneficial ownership to zero percent.
Worse than expected