Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 259

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 259
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 | Does not include indirect interest as a member of Blue Holdings Management                                                                     
 LLC, the managing member of the sponsor. The managing member has allocated 75,000 founder shares to each of our CEO and CFO, 50,000            
 founder shares to each of our independent directors, and 25,000 to each of our special advisors, indirectly through membership interests       
 in BHM, upon completion of our initial business combination. Dario Dino Ferrari has an indirect economic interest in BHM through his ownership 
 of 10,000 Class B Units in BHM representing private placement units purchased by him for $100,000.                                             |

| (5) | Seven non-managing sponsor investors have expressed to us an interest                                                                         
 in purchasing (i) up to an aggregate of approximately 8.5 million of the public units, or approximately 40%, of the public units              
 in this offering (assuming the exercise in full of the underwriters’ over-allotment option), and (ii) through the purchase                    
 of non-managing sponsor membership interests, an aggregate of 314,750 private placement units (or 341,000 if the underwriters’ over-allotment 
 option is exercised in full) at a price of $10.00 per unit ($3,147,500 in the aggregate, or $3,410,000 if the over-allotment is exercised     
 in full) in a private placement that will close simultaneously with the closing of this offering. Subject to each non-managing sponsor        
 investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering,        
 the sponsor will issue membership interests at a nominal purchase price of $0.004 per underlying founder share to the non-managing sponsor    
 investors at the closing of this offering reflecting indirect interests in an aggregate of 2,965,217 founder shares (or 3,410.000 founder     
 shares if the underwriters’ over-allotment is exercised in full) held by sponsor. The purchase of the non-managing sponsor membership         
 interests is not contingent upon their participation in this offering or vice versa. The non-managing sponsor investors are not granted       
 any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests  
 in the sponsor, with no right to control the sponsor or vote or to dispose of any securities held by the sponsor, including the founder       
 shares and private placement units held by the sponsor.                                                                                       |

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