Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 349

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 349
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 Paid-In    
 Capital    |      — |     | Accumulated 
 Deficit     | —       |   |     | Shareholder’s 
 Equity        |       — |   |
|:--------------------------------------------|:----|:----------------|----------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Class B                                     
 ordinary shares issued to Sponsor(1)        |     |                 | 7,069,913 |     |        | 707 |     |            | 24,293 |     |             | —       |   |     |               |  25,000 |   |
| Net loss                                    |     |                 |         — |     |        |   — |     |            |      — |     |             | (11,741 | ) |     |               | (11,741 | ) |
| Balance as of February                      
 28, 2025                                    |     |                 | 7,069,913 |     | $      | 707 |     | $          | 24,293 |     | $           | (11,741 | ) |     | $             |  13,259 |   |

| (1) | Includes up to 922,163                                                                                                              
 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters  
 (see Note 8).                                                                                                                       |
| (2) | In May 2025, the Company                                                                                                            
 effected a share capitalization for an additional 1,009,988 Class B ordinary shares, resulting in 7,069,913 Class B ordinary shares 
 outstanding. All share and per-share amounts have been retroactively restated to reflect the share capitalization.                  |

<div align='center'>The accompanying notes are an integral part of the financial statements.

F-5

BLUE ACQUISITION CORP.
STATEMENT OF CASH FLOWS

FOR THE PERIOD FROM FEBRUARY 10, 2025 (INCEPTION) THROUGH FEBRUARY 28, 2025</div>

| Cash flows from operating activities:                                                                |     |   |         |   |
|:-----------------------------------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                                             |     | $ | (11,