Company: BACC
Filing Date: 2025-11-19
Form Type: 425
Source: 0001185185-25-001807
Chunk: 12

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-19
Form: 425
Chunk 12
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the ancillary documents, the approval of the Transactions and any amendments to Blockfusion’s organizational documents in connection
therewith, subject to certain customary conditions. Each Company Support Stockholder also (i) agreed that certain agreements (the
“Terminating Agreements”) shall be automatically terminated and of no further force and effect (including any
provisions of the Terminating Agreements that, by their terms, survives such termination) effective as of, and subject to and conditioned
upon the occurrence of, the Closing, and (ii) upon the termination of the Terminating Agreements, none of Blockfusion, such Company Support
Stockholder, or any of their respective affiliates shall have any further rights, obligations or liabilities under such Terminating Agreement.
Each Company Support Stockholder also agreed to take certain other actions (including the Preferred Conversion) in support of the Business
Combination Agreement and the Transactions (and any actions required in furtherance thereof) and to refrain from taking actions that would
adversely affect their ability to perform such Company Support Stockholder’s obligations under the Company Support Agreement and
each such Company Support Stockholder unconditionally and irrevocably waived any and all pre-emption rights, rights of first offer, rights
of first refusal, rights of participation, tag-along rights and all other similar rights that such Company Support Stockholder may have
in respect of the Transactions. Each Company Support Stockholder also agreed not to transfer their Subject Stock during the period from
and including the date of the Company Support Agreement and the first to occur of the date of Closing or the date on which the Company
Support Agreement is terminated, subject to certain customary exceptions. A copy of the form of the Company Support Agreement is attached
as Exhibit 10.1 hereto and is incorporated herein by reference.

<div align='center'>5</div>

Lock-Up Agreements

Simultaneously with the execution
of the Business Combination Agreement, certain stockholders of Blockfusion (the “Lock-Up Holders”) entered into
lock-up agreements (each, a “Lock-Up Agreement”), pursuant to which each Lock-Up Holder agreed not to (i) lend,
offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell, sell any option or contract to purchase, purchase any option
or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any
shares of Pubco Common Stock to be received by such Lock-Up