Company: BLUWU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024010
Chunk: 87

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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 quarterly report to (i) the “Company,” “us,”
or “we” are to Blue Water Acquisition Corp. III, a Cayman Islands exempted company; (ii) “founder shares” are to shares
of our Class B ordinary shares initially purchased by our Sponsor in a private placement prior to our initial public offering, and the
shares of our Class A ordinary shares issued upon the conversion thereof; and (iii) “Sponsor” are to Blue Water Acquisition
III LLC, a Delaware limited liability company. The following discussion and analysis of the Company’s financial condition and results
of operations should be read in conjunction with the financial statements and the notes thereto contained elsewhere in this report. Certain
information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

Special
Note Regarding Forward-Looking Statements

This
quarterly report, including statements under this “Management’s Discussion and Analysis of Financial Condition and Results
of Operations,” includes forward-looking statements. These forward-looking statements include, but are not limited to, statements
regarding our or our management team’s expectations, beliefs, intentions or strategies regarding the future. In addition, any statements
that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions,
are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar expressions
may identify forward-looking statements, but the absence of these words does not mean that a statement is not a forward-looking statement.
Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs, based
on information currently available. A number of factors could cause actual events, performance or results to differ materially from the
events, performance and results discussed in the forward-looking statements. For information identifying some of the important factors
that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the discussion
under the headings “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our final prospectus
filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 11, 2025. The Company’s securities filings
can be accessed on the EDGAR section of the