The latest financial statement is for the year ending 2025-11-30.
| Cash Flow | 2025-11-30 |
|---|---|
| Net income (loss) | 510,959 |
| Interest earned on short-term investment | 7,966 |
| Interest earned on investments held in trust account | 2,402,732 |
| 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 | -1,266,120 |
| Purchase of short-term investment | 600,000 |
| Proceeds from sale of short-term investment | 607,966 |
| Purchase of investments held in trust account | 82,800,000 |
| Net cash used in investing activities | -82,792,034 |
| Proceeds from sale of public units | 82,800,000 |
| Proceeds from sale of private placements units | 2,319,000 |
| Payment of underwriter fees | 586,500 |
| Repayment of promissory note related party | 500,000 |
| Payment of offering costs | 273,251 |
| Net cash provided by financing activities | 83,759,249 |
| Net changes in cash | -298,905 |
| Cash beginning of period | 311,000 |
| Cash end of period | 12,095 |
Quartzsea Acquisition Corp (QSEA)
Quartzsea Acquisition Corp (QSEA)