Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 251

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 251
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 payment by the company to our sponsor, officers or directors, or our or their affiliates, of a finder’s fee, advisory fee, consulting fee or success fee for any services they render in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account.

We cannot assure you that any of the above-mentioned conflicts will be resolved in our favor.

In the event that we submit our initial business
combination to our public shareholders for a vote, our sponsor, officers and directors have agreed to vote their founder shares and private
placement shares, and they and the other members of our management team have agreed to vote their founder shares and private placement
shares and any shares purchased during or after the offering in favor of our initial business combination, aside from shares they may
purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor of approving
the business combination transaction. The non-managing sponsor investors are not required to (i) hold any units, Class A ordinary
shares or Share Rights they may purchase in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary
shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right
to redeem their public shares at the time of our initial business combination. The non-managing sponsor investors will have the same
rights to the funds held in the trust account with respect to the Class A ordinary shares comprising part of the units they may
purchase in this offering as the rights afforded to our other public shareholders. However, if the non-managing sponsor investors purchase
all of the units for which they have expressed to us an interest in purchasing or otherwise hold a substantial number of our units, then
the non-managing sponsor investors will potentially have different interests than our other public shareholders in approving our initial
business combination and otherwise exercising their rights as public shareholders because of their indirect ownership of founder shares
as further discussed in this prospectus. Furthermore, regardless of the number of units they purchase, non-managing sponsor investors
will have different interests than other public shareholders in that they will be incentivized to vote for a business combination due
to their indirect interest in founder shares, Class A ordinary shares and private placement rights issued as part of the private placement
units.

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Underwriter Conflicts of