{"url_path":"/sec/sseau/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2059165/0001829126-26-005196-index.html","accession_number":"0001829126-26-005196","cik":"0002059165","ticker":"SSEA","issuer_name":"STARRY SEA ACQUISITION CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/2059165/0001829126-26-005196-index.html","primary_entity_key":"0002059165","primary_entity_name":"STARRY SEA ACQUISITION CORP"},"word_count":279,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\nOn August 11, 2025, the Company\nconsummated the IPO of 5,750,000 units (including 750,000 units issued upon the full exercise of the over-allotment option). Each Unit\nconsists of one ordinary share of the Company, par value $0.0001 per share, and one right to receive one-sixth (1/6th) of one Ordinary\nShare upon the consummation of the Company’s initial business combination. The Units were sold at a price of $10.00 per Unit, generating\ngross proceeds to the Company of $57,500,000.\n\n \n\nSimultaneously with the closing\nof the IPO on August 11, 2025, the Company consummated the Private Placement with the Sponsor, of 247,121 Initial Private Placement Units\nat a price of $10.00 per Initial Private Placement Unit, generating total gross proceeds of $2,471,210. The Initial Private Placement\nUnits are identical to the public units sold in the IPO. The Sponsor agreed not to transfer, assign or sell any of the Initial Private\nPlacement Units or underlying securities (except in limited circumstances, as described in the Registration Statement) until at least\n30 days following the completion of the Company’s initial business combination. The Sponsor was also granted certain demand and\npiggyback registration rights in connection with the purchase of the Initial Private Placement Units.\n\n \n\nAs of August 11, 2025, a\ntotal of $57,500,000 of the net proceeds from the IPO and the Private Placement consummated simultaneously with the closing of the IPO\nwere deposited in a trust account established for the benefit of the Company’s public stockholders, with Odyssey Transfer and Trust\nCompany acting as trustee.\n\n \n\nThere were no sales of unregistered\nsecurities during the quarterly period covered by the Quarterly Report."}