| Cash Flow | 2025-08-31 |
|---|---|
| Net income | 260,445 |
| Interest earned on short-term investment | 7,966 |
| Interest earned on investments held in trust account | 1,572,491 |
| Prepaid expenses | 134,377 |
| Accounts payable and accrued expenses | 282,946 |
| Net cash used in operating activities | -1,171,443 |
| 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 | -204,228 |
| Cash and cash equivalents at beginning of period | 311,000 |
| Cash and cash equivalents at end of period | 106,772 |
Quartzsea Acquisition Corp (QSEA)
Quartzsea Acquisition Corp (QSEA)