QSEA

Eight Directions Technology Limited has entered into a definitive Agreement and Plan of Merger with Quartzsea Acquisition Corporation (SPAC), under which Eight Directions will become a wholly owned subsidiary of Quartzsea's subsidiary, and Quartzsea will merge into that subsidiary to form the surviving publicly traded entity. The transaction represents a confirmed SPAC merger that will take Eight Directions public via Nasdaq-listed Quartzsea. No financial terms or valuation details were disclosed in the announcement.