Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 268

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 268
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 592,250 private placement units if the underwriters’
over-allotment option is exercised in full) at $10.00 per unit for an aggregate purchase price of $5,397,500 (or $5,922,500 if the underwriters’
over-allotment option is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Of
those 539,750 private placement units (or 592,250 private placement units if the underwriters’ exercise their over-allotment option
in full), our sponsor has agreed to purchase 364,750 private placement units (or 391,000 units if the underwriters’ over-allotment
option is exercised in full) and BTIG and Roberts & Ryan have agreed to purchase 175,000 private placement units (or 201,250
private placement units if the underwriters’ over-allotment option is exercised in full).

The private placement units will be identical to the units sold in this offering except that, so long as they are held by our sponsor or its permitted transferees, the private placement units (and the securities comprising such units) (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination and (ii) will be entitled to registration.

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The non-managing sponsor investors have expressed an interest to indirectly
purchase, through the purchase of non-managing sponsor membership interests, an aggregate of 314,750 private placement units (or 341,000 units
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 reflecting indirect interests in an aggregate of 2,965,217 founder shares (or up to
3,410,000 founder shares if the over-allotment is exercised in full) held by the sponsor.

Prior to