Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 58

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 58
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 the approval of       
 our initial business combination once a quorum is obtained.                                                                              |

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| As a result, if all outstanding shares are voted on a resolution to                                                                             
 approve our initial business combination, in addition to our 6,147,750 initial shareholders’ founder shares and 364,750 private                 
 placement shares, if we would require an ordinary resolution, we would need 5,668,751 public shares, or approximately 32.39% of the 17,500,000  
 public shares sold in this offering, and if we would require a special resolution of two-thirds of our ordinary shares voted at the meeting,    
 we would need 9,729,168 public shares, or approximately 55.60% of the 17,500,000 public shares sold in this offering, to be voted in favor      
 of an initial business combination in order to have our initial business combination approved, assuming in each case that the over-allotment    
 option is not exercised and that the parties to the letter agreement do not acquire any public shares. Assuming that only the holders           
 of one-third of our issued and outstanding ordinary shares, representing a quorum under our amended and restated memorandum and articles        
 of association, vote their shares, regardless of such vote pertains to an ordinary resolution or a special resolution of two-thirds of          
 our ordinary shares voted at the meeting, we would not need any public shares in addition to our founder shares and private placement           
 shares to be voted in favor of an initial business combination in order to approve an initial business combination. In addition, prior          
 to the closing of our initial business combination, only holders of our Class B ordinary shares (i) will have the right to appoint              
 and remove directors prior to or in connection with the completion of our initial business combination and (ii) will be entitled                
 to vote on continuing our 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). These quorum and voting thresholds, and the voting agreements of our initial shareholders,       
 may make it more likely that we will consummate our initial business combination.                                                               |
| Each public shareholder may elect to redeem their                                                                                               
 public shares irrespective of whether they vote for or vote against the proposed transaction, or whether they do not vote or abstain from       
 voting