Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 226

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 226
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 to pay dissolution expenses) divided by the number of then outstanding public shares. |

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|                           |     | Redemptions in Connection                                                                                                             
 with our Initial Business                                                                                                             
 Combination                                                                                                                           |     | Other Permitted                                                                                                                  
 Purchases of Public Shares                                                                                                       
 by our Affiliates                                                                                                                |     | Redemptions if we fail to                                                                                                              
 Complete an Initial                                                                                                                    
 Business Combination                                                                                                                   |
| Impact                    
 to remaining shareholders |     | The redemptions in connection                                                                                                         
 with our initial business combination will reduce the book value per share for our remaining shareholders, who will bear the burden   
 of the deferred underwriting commissions and interest withdrawn in order to pay our income taxes (to the extent not paid from amounts 
 accrued as interest on the funds held in the trust account).                                                                          |     | If the permitted purchases                                                                                                       
 described above are made, there would be no impact to our remaining shareholders because the purchase price would not be paid by 
 us.                                                                                                                              |     | The redemption of our public                                                                                                           
 shares if we fail to complete our initial business combination will reduce the book value per share for the shares held by our initial 
 shareholders, who will be our only remaining shareholders after such redemptions.                                                      |

Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419

The following table compares the terms of this offering to the terms of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that the gross proceeds, underwriting commissions and underwriting expenses of our offering would be identical to those of an offering undertaken by a company subject to Rule 419, and that the underwriters will not exercise their over-allotment option. None of the provisions of Rule 419 apply to our offering.

|                             |     | Terms of Our Offering                                                                                                             |     | Terms Under a Rule 419 Offering                                                                                                             |
| Escrow of offering proceeds |     | $175,000,000 of the net proceeds of this offering and the sale of                                                                 
 the private placement units will be deposited into a trust account located in the United States with Continental Stock Transfer & 
 Trust Company acting as trustee.                                                                                                  |     | Approximately $154,350,000 of the offering proceeds, representing                                                                           
 the gross proceeds of this offering, would be required to be deposited into either an escrow account with an insured depositary institution 
 or in a separate bank account established by a broker-de