Company: BACC
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001185185-25-000948
Chunk: 1

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
     707 
  
    Additional paid-in capital 
     — 
  
    Accumulated deficit 
     (5,703,454)
  
    Total Shareholders’ Deficit 
     (5,702,670)
  
    TOTAL LIABILITIES, ORDINARY SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 
    $202,970,429 

The accompanying notes are an integral part of
the unaudited condensed financial statements.

1

Table of Contents

BLUE
ACQUISITION CORP.
UNAUDITED CONDENSED STATEMENT OF OPERATIONS

    Three Months  
    For the 
Period
 From 
February 10, 
2025
 (Inception) 

    Ended  
    Through 

    June 30, 2025  
    June 30, 2025 
  
    Operating expenses: 

    Formation, general and administrative expenses 
    $53,824  
    $115,640 
  
    Legal and accounting expenses 
     16,782  
     16,782 
  
    Administrative services fee – related party 
     2,333  
     2,333 
  
    Insurance expense 
     3,493  
     3,493 
  
    Total operating expenses 
     76,432  
     138,248 
  
    Loss from operations 
     (76,432) 
     (138,248)

    Other income: 

    Dividend income on marketable securities held in Trust Account 
     321,137  
     321,137 
  
    Interest income on operating account 
     709  
     739 
  
    Other income 
     321,846  
     321,876 
  
    Net income 
    $245,414  
    $183,628 

    Weighted average shares outstanding of redeemable Class A ordinary shares 
     3,096,154  
     1,998,227 

    Basic and diluted net income per share, redeemable Class A ordinary shares 
    $1.70  
    $2.63 

    Weighted average shares outstanding of non-redeemable Class A and Class B ordinary shares 
     6,610,815  
     6,415,464 

    Basic and diluted net loss per share, non-redeemable Class A