Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 255

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 255
---
 or indirectly. All of our officers, directors and our advisors are members of BHM. Each such person disclaims   
 any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly     
 or indirectly.                                                                                                                         |

| (4) | Does not include indirect interest as a member of Blue Holdings Management                                                                     
 LLC, the managing member of the sponsor. The managing member has allocated 75,000 founder shares to each of our CEO and CFO, 50,000            
 founder shares to each of our independent directors, and 25,000 to each of our special advisors, indirectly through membership interests       
 in BHM, upon completion of our initial business combination. Dario Dino Ferrari has an indirect economic interest in BHM through his ownership 
 of 10,000 Class B Units in BHM representing private placement units purchased by him for $100,000.                                             |

| (5) | Seven                                                                                                                                    
 non-managing sponsor investors have expressed to us an interest in purchasing (i) up to an aggregate of approximately 8.5 million        
 of the public units, or approximately 42.2%, of the public units in this offering (assuming the exercise in full of the underwriters’    
 over-allotment option), and (ii) through the purchase of non-managing sponsor membership interests, an aggregate of 314,750              
 private placement units (or 341,000 if the underwriters’ over-allotment option is exercised in full) at a price of $10.00 per            
 unit ($3,147,500 in the aggregate, or $3,410,000 if the over-allotment is exercised in full) in a private placement that will close      
 simultaneously with the closing of this offering. Subject to each non-managing sponsor investor purchasing, through the sponsor,         
 the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests 
 at a nominal purchase price of $0.004 per underlying founder share to the non-managing sponsor investors at the closing of this offering 
 reflecting indirect interests in an aggregate of 2,965,217 founder shares (or 3,410.000 founder shares if the underwriters’              
 over-allotment is exercised in full) held by sponsor. The purchase of the non-managing sponsor membership interests is not contingent    
 upon their participation in this offering or vice versa. The non-managing sponsor investors are not granted any shareholder or other     
 rights