STOCK TITAN

Karpus Management reports 974,765 shares in Quartzsea Acquisition Corp (QSEA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Karpus Management, Inc. reports beneficial ownership of 974,765 shares of Quartzsea Acquisition Corp common stock. The filing states this equals 8.54% of the class and that Karpus has sole voting and sole dispositive power over the 974,765 shares. The Schedule 13G/A lists CUSIP G7314B104 and is signed by Jodi L. Hedberg as Chief Compliance Officer on 06/05/2026.

The filing describes Karpus as a New York corporation and a registered investment adviser; it states the shares are owned directly by accounts managed by Karpus and that attribution to City of London Investment Group plc is not required under the cited SEC release.

Positive

  • None.

Negative

  • None.

Insights

Institutional holder Karpus reports an 8.54% stake in QSEA with sole voting and dispositive power.

Karpus Management, Inc. is reported to beneficially own 974,765 shares of Quartzsea Acquisition Corp (CUSIP G7314B104). The filing states the shares are owned directly by accounts managed by Karpus and that Karpus exercises sole voting and dispositive power.

The filing cites SEC Release No. 34-39538 to explain why attribution to City of London Investment Group plc is not required; timing and cash‑flow treatment are not detailed beyond the signature date 06/05/2026. Subsequent filings would be needed to show any trading activity or changes.

Filing type Schedule 13G/A Amendment No. 1
Beneficial ownership 974,765 shares Common stock reported owned by Karpus
Percent of class 8.54% Percent of common stock reported
Voting power (sole) 974,765 shares Sole power to vote or direct the vote
Dispositive power (sole) 974,765 shares Sole power to dispose or direct disposition
CUSIP G7314B104 Quartzsea Acquisition Corp common stock identifier
Signature date 06/05/2026 Signature by Chief Compliance Officer
Beneficially owned regulatory
"Amount beneficially owned: 974,765.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Dispositive Power regulatory
"Sole power to dispose or to direct the disposition of: 974,765.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"This statement is being filed by Karpus Management, Inc."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
CUSIP financial
"CUSIP No.: G7314B104"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google





G7314B104

(CUSIP Number)
05/29/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



KARPUS MANAGEMENT, INC.
Signature:/s/ Jodi L. Hedberg
Name/Title:Jodi L. Hedberg / Chief Compliance Officer
Date:06/05/2026

FAQ

What stake does Karpus Management report in Quartzsea Acquisition Corp (QSEA)?

Karpus Management reports beneficial ownership of 974,765 shares, equal to 8.54% of the common stock. The filing states these shares are owned directly by accounts managed by Karpus.

Does Karpus have voting control over the reported QSEA shares?

Yes. The Schedule 13G/A states Karpus has sole voting power and sole dispositive power for 974,765 shares, with 0 shared voting or dispositive power reported.

Who signed the Schedule 13G/A filed for QSEA and when?

The filing is signed by Jodi L. Hedberg, Chief Compliance Officer, with the signature date shown as 06/05/2026 on the amendment (Amendment No. 1).

Why is City of London Investment Group plc not attributed in this filing?

The filing explains that although Karpus is controlled by CLIG, it cites SEC Release No. 34-39538 and states that effective informational barriers exist so voting and investment power are exercised by Karpus independently.

What identifier and security class are listed for Quartzsea in the filing?

The filing lists the class as Common and provides CUSIP G7314B104 for Quartzsea Acquisition Corp in the Schedule 13G/A.