Company: BACC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001185185-25-001689
Chunk: 67

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 67
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 how to allocate resources
and assess performance.

11

BLUE
ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

The
Company’s CODM has been identified as the Chief Financial Officer, who reviews the operating results for the Company as a whole
to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company
only has one reportable segment.

The
CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported
on the statement of operations as net income or loss. The measure of segment assets is reported on the balance sheet as total assets.
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key
metrics included in net income or loss and total assets, which include the following:

    September 30, 2025 
  
    Cash 
    $1,045,403 
  
    Cash and marketable securities held in Trust Account 
    $203,677,270 
  
    Total assets 
    $204,890,324 

    For the Three Months Ended  September 30, 2025  
    For the  Period from  February 10,  2025  (Inception)  through  September 30,  2025 
  
    Operating loss 
    $(239,398) 
    $(377,646)
  
    Income earned on cash and marketable securities held in Trust Account 
    $2,106,133  
    $2,427,270 
  
    Net income 
    $1,879,085  
    $2,062,713 

The CODM reviews operating loss to manage and forecast
cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period.
The CODM also reviews operating loss to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements
and budget. The CODM reviews income earned on cash and marketable securities held in Trust Account to monitor and project the amount of
funds the Company has, or may have, to effect a business combination. Operating loss and income earned on cash and marketable securities
held in Trust Account, as reported on the statement of operations, are the significant segment information provided to the CODM on a regular
basis. All other segment items