Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 331

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 331
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sponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, BTIG and Roberts
& Ryan have full discretion to allocate the units to investors and may determine to sell a different number of units to the
non-managing sponsor investors, or none at all, and the purchase of the non-managing sponsor membership interests is not contingent
upon the participation in this offering or vice-versa. BTIG and Roberts & Ryan will receive the same upfront discounts and
commissions and deferred underwriting commissions on units purchased by the non-managing sponsor investors, if any, as they will on
the other units sold to the public in this offering.

Any trading decisions made by any of the foregoing entities will be made by them based on market conditions at the time of the proposed sale or redemption. BTIG and Roberts & Ryan and their respective affiliates will not become non-managing sponsor members or receive any economic or other interest in the sponsor.

Purchases of Private Placement Units

BTIG and Roberts & Ryan have committed to
purchase 175,000 private placement units (or 201,250 private placement units if the underwriters’ over-allotment option is
exercised in full) for an aggregate purchase price of $1,750,000 (or $2,012,500 if the underwriters’ over-allotment option is
exercised in full), or $10.00 per unit, in the private placement that will occur simultaneously with the completion of this
offering. The terms of the private placement units are identical to those of the public units, except that the private
placement units are subject to certain limited exceptions as described in this prospectus. The private placement units
(including the securities comprising such units) have been deemed compensation by FINRA and are therefore subject to the lock-up
restrictions imposed by FINRA Rule 5110(e) pursuant to which these securities will not be sold, transferred, assigned,
pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the
economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales
of this offering except as permitted under FINRA Rule 5110(e)(2) including to any member participating in the offering and
the officers or partners, registered persons or affiliates thereof. We have granted BTIG and Roberts & Ryan and their respective
designees certain registration rights relating to