Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 55

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 55
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 agreed to vote their       
 founder shares, private placement shares and any public shares purchased during or after this offering (including in open market and     
 privately-negotiated transactions, 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) in favor of our initial           
 business combination. For purposes of seeking approval of an ordinary resolution, non-votes will have no effect on 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