Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 333

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 333
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 concession otherwise accruing to a syndicate member in connection with the offering if the securities originally sold by such syndicate member are purchased in a syndicate covering transaction and therefore have not been effectively placed by such syndicate member.

Neither we, nor any of the underwriters make any representation or prediction as to the direction or magnitude of any effect that the transactions described above may have on the price of our securities. The underwriters are not obligated to engage in these activities and, if commenced, may end any of these activities at any time. These transactions may be effected on Nasdaq in the over-the-counter market or otherwise.

We estimate that the total expenses of this offering
payable by us will be $747,500 excluding underwriting discounts and commissions. We have agreed to pay or reimburse the underwriters
for expenses related to this offering up to a maximum aggregate accountable expense allowance of $75,000 (including any advances or company
payments for such expenses), including, but not limited to FINRA-related fees and expenses of the underwriters’ legal counsel (not
to exceed $15,000), the cost of background searches of our officers and directors (not to exceed $4,000 per person (in the case of U.S. persons)
and $4,500 per person (in the case of non-U.S. persons), road show and other offering related expenses, as defined by FINRA. We
have paid BTIG an initial retainer of $25,000 as a reimbursable advance against anticipated out-of-pocket expenses, including the background
searches. In accordance with FINRA Rule 5110, that reimbursement is deemed underwriting compensation for this offering.

We have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make because of any of those liabilities.

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We are not under any contractual obligation to engage any of the underwriters to provide any services for us after this offering, and have no present intent to do so. The underwriting agreement does not obligate the underwriters to perform any services in connection with our initial business combination or to receive their deferred commissions, which will be fully earned by the underwriters upon the payment of the purchase price for the units purchased by the underwriters on the closing of this offering and will be released to the underwriters only on and concurrently with completion of an initial business combination. However, any of the underwriters may introduce us