Karpus Management Reduces Stake in Quartzsea Acquisition Corp to 8.54%

On June 5, 2026, Karpus Management, Inc. (doing business as Karpus Investment Management) filed an amended Schedule 13G/A regarding its holdings in Quartzsea Acquisition Corp (QSEA). The filing reports that as of May 29, 2026, Karpus Management beneficially owns 974,765 shares of common stock, representing an 8.54% ownership stake in the company. This reflects a significant decrease from the previously reported position of 2,256,805 shares. Karpus Management, a New York-based registered investment adviser, maintains sole voting and dispositive power over all 974,765 shares. The filing notes that while Karpus is controlled by City of London Investment Group plc (CLIG), effective informational barriers are in place, allowing Karpus to exercise independent investment power. The shares were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. The reporting person's principal office is located in Pittsford, New York.