Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 311

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 311
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 Commissions paid by us |     | Paid by the Company 
 No Exercise         |           |     | Full Exercise |           |
|:--------------------------------------------------|:----|:--------------------|----------:|:----|:--------------|----------:|
| Per Unit(1)                                       |     | $                   |      0.55 |     | $             |      0.55 |
| Total(1)                                          |     | $                   | 8,250,000 |     | $             | 9.487,500 |

| (1) | $0.20 per unit sold in this offering, or $3,000,000 (or $3,450,000 if the underwriters’ over-allotment option is exercised in full) in the aggregate, is payable to the underwriters upon the closing of this offering. Includes $0.35 per unit sold in this offering, or up to $5,250,000 (or $6,037,500 if the overallotment option is exercised in full) in the aggregate, payable to the underwriters for deferred underwriting commissions to be placed in a trust account located in the United States. The deferred commissions will be released to the underwriters only on completion of an initial business combination. The deferred commissions will be payable as follows: (i) $0.20 per unit sold in this offering shall be paid to the underwriter in cash, and (ii) $0.15 per unit sold in this offering shall be paid to the underwriters in cash based on the funds remaining in the trust account after giving effect to public shares that are redeemed in connection with an initial business combination. |

If we do not complete our initial business combination within the time period required by its amended and restated memorandum and articles of association, the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting discounts and commissions, including any accrued interest thereon, then in the trust account, and (ii) that the deferred underwriters’ discounts and commissions will be distributed on a pro ratabasis, together with any interest earned on the funds held in the trust account and not previously released to the company to pay the company’s taxes, to the public shareholders.

Representative Shares

We have agreed to issue to the underwriters, or their designees, at or prior to the closing of this offering, 150,000 representative shares for $0.001 per share. The holders of the representative shares have agreed