Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 348

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 348
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 Shareholder’s Equity                                                    |     | $ |  57,000 |   |

| (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-3

BLUE ACQUISITION CORP.
STATEMENT OF OPERATIONS

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

| Formation and general and                                              
 administrative costs                                                   |     | $ |    11,741 |   |
| Net loss                                                               |     | $ |   (11,741 | ) |
| Basic                                                                  
 and diluted weighted average Class B ordinary shares outstanding(1)(2) |     |   | 6,147,750 |   |
| Basic and diluted net loss per Class B                                 
 ordinary share                                                         |     | $ |     (0.00 | ) |

| (1) | Excludes 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-4

BLUE ACQUISITION CORP.
STATEMENT OF CHANGES IN SHAREHOLDER’S EQUITY</div>

| Balance as of February 10, 2025 (inception) |     | Class B         
 Ordinary shares 
 Shares          |         — |     | Amount |   — |     | Additional