Quartzsea Acquisition Prices $72 Million IPO

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

Quartzsea Acquisition Prices $72 Million IPO

, MT Newswires - 4:24 AM ET 3/18/2025 mergers-and-acquisitions

04:24 AM EDT, 03/18/2025 (MT Newswires) -- Quartzsea Acquisition (QSEA) said late Monday it priced its initial public offering of 7.2 million units at $10 apiece.

Each unit consists of one ordinary share and one right to receive one-fifth of a share upon the completion of an initial business combination, the blank-check company said.

The company granted the IPO underwriters a 45-day overallotment option to purchase up to 1.08 million additional units.

Quartzsea said it expects its units to start trading on the Nasdaq Global Market under the QSEAU ticker symbol Tuesday, while the IPO is expected to close Wednesday. Its shares and rights are expected to trade under the QSEA and QSEAR tickers, respectively.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.