Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 88

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 88
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 $10.00 per unit for an aggregate purchase price of $5,650,000 (or $6,212,500 if the underwriters’
over-allotment option is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Of
those 565,000 private placement units, our sponsor has agreed to purchase 415,000 private placement units (or 426,250 units
if the underwriters’ over-allotment option is exercised in full) and BTIG and Roberts & Ryan have agreed to purchase 150,000 private
placement units (or 195,000 private placement units if the underwriters’ over-allotment option is exercised in full). The private
placement units are identical to the units sold in this offering, subject to certain limited exceptions as described in this prospectus.
The non-managing sponsor investors have expressed an interest to indirectly purchase, through the purchase of non-managing sponsor membership
interests, an economic interest in an aggregate of 365,000 private placement units (or 376,250 units if the underwriters’ over-allotment
option is exercised in full) at a price of $10.00 per unit ($3,650,000 in the aggregate, or $3,762,500 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 economic interest in 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 to the non-managing sponsor investors
reflecting interests in an aggregate of 3,271,739 founder shares (or 3,762,500 founder shares if the underwriters’ over-allotment
option is exercised in full) held by the sponsor. The founder shares and private placement units owned by the sponsor cannot be transferred
under the letter agreement, except under limited circumstances. The non-managing sponsor investors will not be subject to transfer restrictions
or a lock-up agreement on any public Class A ordinary shares that they may purchase in this offering pursuant to the expressions of interests
described above or otherwise.

The private placement units (and the securities comprising such units) will be worthless if we do not complete our initial business combination. The personal and financial interests of our officers and directors may influence their motivation in identifying and selecting a target business combination