Quartzsea Acquisition Corp (QSEA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 23, 2026

Risk Assessment Details

Potential Dilution: 52.59% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
11M
Potential Supply
6M
Additional shares possible
Splits
None
Past 2 years

Summary

QSEA currently has 11.4M outstanding shares. with significant dilution risk as 6M authorized shares could dilute existing holders by 52.6%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 23, 2026

10-Q filing | 11.4M shares outstanding

11M 6M
Mar 16, 2026

10-K filing | 11.4M shares outstanding

11M 6M
Jul 10, 2025

10-Q filing | 11.4M shares outstanding

11M 6M
Jun 06, 2025

8-K filing: Broadway Technology Inc. enters into a Merger Agreement with Quartzsea Acquisition Corporation and Cuisine Universal Packaging Solution, resulting in Purchaser acquiring 100% of Broadway Tech's equity securities for $520,000,000 payable in Purchaser Ordinary Shares at $10.00 per share. ($520.0M proceeds)

11M 6M
Apr 30, 2025

10-Q filing | 11.4M shares outstanding

11M 6M
Mar 20, 2025

8-K filing: Quartzsea Acquisition Corporation consummated its initial public offering of 7,200,000 units and the underwriter fully exercised its over-allotment option to purchase 1,080,000 additional Units at $10.00 per Unit, generating total gross proceeds of $82,800,000, and consummated the private placement of 231,900 units to the Sponsor at $10.00 per Placement Unit, generating total proceeds of $2,319,000. ($85.12M proceeds)

N/A 6M
Mar 13, 2025

S-1/A filing: The company is offering 6,000,000 units at $10.00 per unit. Each unit consists of one ordinary share and one right to receive one-fifth of one ordinary share.

N/A 6M
Mar 12, 2025

S-1/A filing: This S-1/A filing describes the terms of the offering, including founder shares purchased by the sponsor and private units to be acquired by the sponsor.

N/A 2.4M
Mar 11, 2025

S-1/A filing: This S-1/A filing details the offering of founder shares and private units, with the sponsor purchasing 2,415,000 ordinary shares at $0.0104 per share and committing to purchase 218,250 private units at $10.00 per unit.

N/A 2.5M
Feb 24, 2025

S-1 filing: This is an S-1 filing for an initial public offering of a blank check company.

N/A 250K
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