Company: BLUWU
Filing Date: 2025-12-02
Form Type: SCHEDULE 13D
Source: 0001104659-25-117787
Chunk: 9

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-12-02
Form: SCHEDULE 13D
Chunk 9
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 to propose any amendment to the Issuer's governing documents (other than in connection with a business combination) that would modify the substance or timing of the Issuer's obligation to allow redemption in connection with a business combination or to redeem 100% of the public shares if a business combination is not completed within the required timeframe, unless public shareholders are provided with the opportunity to redeem their shares; (iv) to acknowledge that the New Sponsor and each Insider will not be entitled to liquidating distributions from the trust account with respect to any Class B Ordinary Shares held by them if the Issuer fails to complete a business combination within the required timeframe, although the New Sponsor and each Insider will be entitled to liquidating distributions from the trust account with respect to any public shares they hold if the Issuer fails to complete a business combination within the prescribed time frame; (v) that the Issuer will indemnify the New Sponsor and its affiliates, managers, and certain other related persons for certain costs, fees, and expenses incurred in connection with investment opportunities sourced for the Issuer or activities in connection with the Issuer's affairs, subject to certain exceptions; (vi) that the New Sponsor will indemnify and hold harmless the Issuer against any and all loss, liability, claim, damage and expense to which the Issuer may become subject as a result of certain claims by third parties for services rendered or products sold to the Issuer or a prospective target business, to the extent necessary to ensure that such claims do not reduce the amount of funds in the trust account below the required per-share amount, subject to certain exceptions; (vii) that monetary damages may be inadequate for a breach of certain obligations under the Insider Letter and that injunctive relief may be available; and (viii) that the New Sponsor will not transfer any of the 6,325,000 Class B Ordinary Shares and 430,000 Private Units acquired in connection with the Purchase Agreement prior to the closing of the Issuer's initial business combination, except to certain permitted transferees who agree to be bound by the terms of the Insider Letter. 
 Joinder to and Amendment of the Registration Rights Agreement                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 On November 25, 2025, the New Sponsor entered into the Joinder, which was acknowledged and agreed to by the Issuer and the Prior Sponsor.  Pursuant to the Joinder, the New Sponsor became a party