Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 225

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 225
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 From 2000 to 2005, Mr. Qureshi worked at Arthur D. Little, a global management consulting firm,
and Charles River Associates, a global consulting firm. Mr. Qureshi was a member of the Board of International Seaways (NYSE:INSW) from
July 2021 until February 2024 and served as a member of the Board of Diamond S Shipping (NYSE:DSSI) from 2017 to 2021 (as Chairman from
2019 until its merger in 2021) and on the Board of Nexeo Solutions (NASDAQ:NXEO) from 2016 to 2017. Mr. Qureshi has a Bachelor of
Science degree in Chemical Engineering and a Master of Science degree in Micromolecular Science from Case Western Reserve University,
as well as a Master of Business Administration degree from Northwestern University. Mr. Qureshi is qualified to serve as a director due
to his considerable experience in investment, finance and mergers & acquisitions, as well as his managerial experience and service as a member of several public companies, including special purpose acquisition companies. See “Prior SPAC Experience.”

Number and Terms of Office of Officers and Directors

Our board of directors will consist of six members
and will be divided into three classes with only one class of directors being appointed in each year, and with each class (except for
those directors appointed prior to our first annual general meeting) serving a three-year term. Prior to the closing of our initial business
combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or
continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional
documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a
jurisdiction outside the Cayman Islands). Holders of our public shares will not be entitled to vote on such matters during such time.
These provisions of our amended and restated memorandum and articles of association relating to these rights of holders of Class B
ordinary shares may be amended by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed
in respect of the consummation of our initial business combination, two-thirds) of the votes cast by such shareholders as, being entitled
to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company