Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 29

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 29
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. We will use these criteria and guidelines in evaluating acquisition opportunities, but we may decide to enter into our initial business combination with a target business that does not meet some or all of these criteria and guidelines. Based on our management team’s experience, we have developed the following investment criteria that we intend to use to screen and evaluate prospective target businesses.

| ● | Manufacturing                                                                                     
 companies or data centers with the need to become energy independent or partially independent,    
 with a leading industry position and recognized leadership. We intend to focus our search         
 on one or more businesses based primarily in the US within industries that we believe have        
 strong fundamentals, favorable prospects and a high likelihood of generating strong risk-adjusted 
 returns for our shareholders. The factors we intend to consider include management’s              
 credentials, growth prospects, competitive dynamics, level of industry consolidation, need        
 for capital investment, intellectual property, barriers to entry, energy consumption and          
 merger terms. We expect to analyze the strengths and weaknesses of the target business relative   
 to its competitors, focusing on business strategy and revenue streams for the data centers        
 as well as energy costs, green initiatives, government incentives, land and power availability,   
 fiber connectivity, zoning & permits site scalability, occupancy rates, technological             
 obsolescence and security and compliance risks. On the manufacturing side, we will look at        
 energy intensive businesses that need to become independent or at least partially independent,    
 analyzing their energy efficiency measures, if there is already a partial renewable energy        
 integration, the profitability of the company relative to energy costs change. We also expect     
 to seek to acquire a business with diversified customer and supplier bases, and competitive       
 advantages, which help protect its market position, sustain profitability and deliver strong      
 free cash flow. We may also seek to acquire a target with strong underlying fundamentals,         
 but which is not properly capitalized. We do not intend to acquire start-up companies, although   
 we are not prohibited from doing so.                                                              |

| ● | Growth                                                                                              
 Potential, including Strategic Acquisition Opportunities. Our objective is to acquire               
 a business with strong organic growth prospects that can be further enhanced through a well-defined 
 pipeline of value-accretive acquisitions, particularly within domestic markets. We plan to          
 collaborate closely with the existing management team to expand the business through high-yield     
 capital investments and strategic acquisitions while ensuring an optimized capital structure        
 to support long-term growth.                                                                        |

| ● | Stable                                                                                              
 Free Cash Flow, Prudent Debt and Financial Visibility. We will seek to acquire a business           
 that has historically generated