Quartzsea Acquisition Corp (QSEAU)
Quartzsea Acquisition Corporation operates as a special purpose acquisition company (SPAC), established under the laws of the Cayman Islands. Its core mission is to pinpoint and integrate with a chosen target enterprise that boasts a significant competitive advantage in its particular industry.
Sector: Blank Checks
Industry: Shell Companies
Quartzsea Acquisition Corporation Units
+0.00%$10.84
CLOSED · Oct 27Prev close$10.840.00%Close$10.84
Mkt Cap$109.86M
Float10.34M
O/S10.13M
VOL439 sh
$ Vol$5K
RVOL43.90×
Inst Own-
Dilution
Financials Summary
Revenue$0
Net Income$511K
Total Assets$85.34M
Free Cash Flow-$1.27M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$81.28M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in QSEAU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$85.34M
Liabilities$4.05M
Accounts Receivable$20K
Accounts Payable$682K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 |
| Revenue | $0 | $0 |
| YoY Growth | - | - |
| Cost of Revenue | $0 | $0 |
| Gross Profit | $0 | $0 |
| Gross Margin | - | - |
| Research and Development | $0 | $0 |
| Selling, General, and Administrative | $1.91M | $10K |
| Other | $0 | $0 |
| Total Operating Expenses | $1.91M | $10K |
| Operating Income (EBIT) | -$1.91M | -$10K |
| Operating Margin | - | - |
| Interest Expense | $0 | $0 |
| Interest Income | $2.42M | $0 |
| Other Income (Expense) | $2.42M | $0 |
| Income Before Tax (EBT) | $511K | -$10K |
| Income Tax Expense | $0 | $0 |
| Net Income | $511K | -$10K |
| Net Income Margin | - | - |
| Supplementary Data | ||
| EPS | 0.06 | 0.00 |
| Diluted EPS | 0.06 | 0.00 |
| Weighted Average OS | 5.81M | 12.84M |
| EBITDA | -$1.91M | -$10K |
| EBITDA Margin | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $12K | $311K |
| Short-Term Investments | $0 | $0 |
| Cash and Short-Term Investments | $12K | $311K |
| Accounts Receivable | $20K | $0 |
| Inventory | $0 | $0 |
| Other Current Assets | $0 | $0 |
| Total Current Assets | $92K | $326K |
| Long-Term Assets | ||
| Property, Plant & Equipment Net | $0 | $0 |
| Goodwill | $0 | $0 |
| Intangible Assets | $0 | $0 |
| Long-Term Investments | $85.2M | $0 |
| Deferred Tax Assets | $0 | $0 |
| Other Long-Term Assets | $42K | $190K |
| Total Long-Term Assets | $85.24M | $190K |
| Other Assets | $0 | $0 |
| Total Assets | $85.34M | $516K |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $682K | $1K |
| Short-Term Debt | $0 | $500K |
| Current Income Tax Payable | $0 | $0 |
| Current Unearned Revenue | $0 | $0 |
| Other Current Liabilities | $0 | $0 |
| Total Current Liabilities | $742K | $501K |
| Long-Term Liabilities | ||
| Long-Term Debt | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 |
| Other Long-Term Liabilities | $3.31M | $0 |
| Total Long-Term Liabilities | $3.31M | $0 |
| Other Liabilities | $0 | $0 |
| Total Liabilities | $4.05M | $501K |
| Stockholders' Equity | ||
| Preferred Stock | $0 | $0 |
| Common Stock | $85.2M | $299 |
| Retained Earnings | -$3.92M | -$10K |
| Comprehensive Income & Other | $0 | $0 |
| Other Stockholders' Equity | $0 | $25K |
| Total Equity | $81.28M | $15K |
| Minority Interest | $0 | $0 |
| Total Liabilities and Equity | $85.34M | $516K |
| Supplementary Data | ||
| Total Debt | $0 | $500K |
| Net Debt | -$12K | $189K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 |
| Operating Activities | ||
| Net Income | $511K | -$10K |
| Depreciation & Amortization | $0 | $0 |
| Deferred Income Tax | $0 | $0 |
| Stock-Based Compensation | $0 | $0 |
| Changes in Working Capital: | ||
| Accounts Receivable | -$20K | $0 |
| Inventory | $0 | $0 |
| Accounts Payable | $681K | $0 |
| Other Working Capital | -$28K | -$14K |
| Total Working Capital Change | $634K | -$14K |
| Other Non-Cash Items | -$2.41M | $0 |
| Net Cash from Operating | -$1.27M | -$24K |
| Investing Activities | ||
| Capital Expenditures | $0 | $0 |
| Acquisitions | $0 | $0 |
| Purchases of Investments | -$83.4M | $0 |
| Sales of Investments | $608K | $0 |
| Other Investing Activities | $0 | $0 |
| Net Cash from Investing | -$82.79M | $0 |
| Financing Activities | ||
| Debt Repaid | - | -$500K |
| Common Stock Issuance | $85.12M | -$165K |
| Common Stock Repurchases | $0 | $0 |
| Dividends Paid | $0 | $0 |
| Other Financing Activities | -$860K | $0 |
| Net Cash from Financing | $83.76M | $335K |
| Forex Effect | $0 | $0 |
| Net Change in Cash | -$299K | $311K |
| Supplementary Data | ||
| Operating Cash Flow | -$1.27M | -$24K |
| Capital Expenditure | $0 | $0 |
| Free Cash Flow | -$1.27M | -$24K |
| Cash at Beginning | $311K | $0 |
| Cash at End | $12K | $311K |