Company: BLUWU
Filing Date: 2025-06-12
Form Type: 8-K
Source: 0001641172-25-014782
Chunk: 1

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-06-12
Form: 8-K
Item: Item 1.01
Chunk 1
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, dated as of June 9, 2025, by                                                         
  and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit  
  10.2 and incorporated herein by reference;                                                                                  
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  Registration Rights Agreement, dated as of June 9, 2025, by and among                                                            
  the Company and certain security holders of the Company, a copy of which is attached as Exhibit 10.3 and incorporated herein by  
  reference;                                                                                                                       
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  Private Units Subscription Agreement, dated June 9, 2025, by and between                                        
  the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 and incorporated herein by reference;  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Private Units Subscription Agreement, dated June 9, 2025, by and between                                 
  the Company and BTIG, a copy of which is attached as Exhibit 10.5 and incorporated herein by reference;  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────

  Indemnity Agreement, dated as of June 9, 2025, by and among the Company                                                        
  and each of the officers and directors of the Company, a copy of which is attached as Exhibit 10.6 and incorporated herein by  
  reference; and                                                                                                                 
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Administrative Services Agreement, dated June 9, 2025, by and between                                           
  the Company and the Sponsor, a copy of which is attached as Exhibit 10.7 and incorporated herein by reference.  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────

As of June 11, 2025, a total of $253,000,000of the net proceeds from the IPO and the Private Placement (as defined below), which amount included $8,855,000 in deferred underwriting
commissions, was deposited in a trust account established for the benefit of the Company’s public shareholders. An audited
balance sheet as of June 11, 2025, reflecting receipt of the proceeds upon consummation of