Business Context and Reporting Period
Company: Starry Sea Acquisition Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: May 18, 2026
Reporting Period: The filing addresses events occurring between September 29, 2025, and January 12, 2026.
Key Financial Metrics
This filing is a Current Report on Form 8-K regarding a corporate event and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes
- Termination of Proposed Business Combination: The Company entered into a Letter of Intent (LOI) on September 29, 2025, with Forever Young International Limited. regarding a proposed business combination.
- Expiration of Exclusivity: On January 12, 2026, the exclusivity period set forth in the LOI expired without the execution of any definitive agreements.
- Strategic Decision: The Company explicitly stated it does not intend to proceed with the Proposed Business Combination.
Guidance, Outlook, and Risks
Management Commentary: Management confirmed the termination of the transaction with Forever Young International Limited. due to the expiration of the LOI exclusivity period without a definitive agreement.
Outlook: No specific financial guidance or future business combination targets were disclosed in this filing.
Risks: The filing highlights the risk of failed negotiations for business combinations, a common contingency for Special Purpose Acquisition Companies (SPACs).
Investor Verification Checklist
- Verify the current status of the Company's trust account and remaining cash reserves following the termination of the deal.
- Confirm the timeline for the Company's liquidation or extension of the search for a new target, as no new deal is currently active.
- Review the Company's charter to understand the deadline for completing a business combination or returning funds to shareholders.
- Check for any subsequent filings regarding new Letters of Intent or strategic partnerships.