Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 100

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 100
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 Cayman Islands law, which requires the affirmative vote
of at least two-thirds (or, in the scenarios described below, 90%) 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, and amending our right agreement
will require a vote of holders of at least 50% of the Share Rights and, solely with respect to any amendment to the terms of the private
placement rights or any provision of the right agreement with respect to the private placement rights (including, for the avoidance of
doubt, the forfeiture of cancellation of any private placement rights), 50% of the then outstanding private placement rights (including
the vote or written consent of BTIG). In addition, our amended and restated memorandum and articles of association requires us to provide
our public shareholders with the opportunity to redeem their public shares, regardless of whether they abstain, vote for, or vote against,
our initial business combination, for cash if we propose an amendment to our amended and restated memorandum and articles of association
(A) to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or
to redeem 100% of our public shares if we do not complete an initial business combination within the completion window or (B) with
respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity. To the extent
any of such amendments would be deemed to fundamentally change the nature of the securities offered through this registration statement,
we would register, or seek an exemption from registration for, the affected securities. We cannot assure you that we will not seek to
amend our charter or governing instruments or extend the time to consummate an initial business combination in order to effectuate our
initial business combination.

The provisions of our amended and restated memorandum and articles of association that relate to our pre-business combination activity (and corresponding provisions of the agreement governing the release of funds from our trust account) may be amended with the approval of holders of not less than two-thirds of our ordinary shares which are represented in person or by proxy and are voted at a general meeting of the company, which is a lower amendment threshold than that of some other special purpose acquisition companies. It may be easier for us, therefore, to amend our amended and restated memorandum and articles of association to facilitate the completion of an initial business combination that some of our shareholders may not support.

Our amended