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Shareholders approve extending business combination deadline to February 2027 and authorize $35.8M in redemptions
QSEAQuartzsea Acquisition Corp
Quartzsea Acquisition Corporation shareholders approved proposals at an Extraordinary General Meeting on October 13, 2026, to extend the deadline to consummate an initial business combination from October 19, 2026, to February 19, 2027. The extension allows for up to four one-month extensions with monthly trust account deposits of $100,000 or $0.033 per share. Holders of 3,344,937 ordinary shares exercised redemption rights at approximately $10.71 per share, resulting in aggregate redemptions of $35.8 million. Following these redemptions, 3,659,681 public ordinary shares remain outstanding. Quartzsea Acquisition Corporation operates as a blank check company focused on identifying and merging with private operating businesses.