Company: BACC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001185185-25-001689
Chunk: 99

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 99
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Item 2.
Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Cautionary
Note Regarding Forward-Looking Statements

All statements other than statements of historical
fact included in this Report including, without limitation, statements under this Item regarding our financial position, possible Business
Combinations and the financing thereof, and related matters, and the plans and objectives of Management for future operations, are forward-looking
statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this Report, words
such as “may,” “should,” “could,” “would,” “anticipate,” “believe,”
“estimate,” “expect,” “intend” and similar expressions, as they relate to us or our Management, identify
forward-looking statements. We have based these forward-looking statements on our Management’s current expectations and projections
about future events, as well as assumptions made by, and information currently available to our Management. Actual results could differ
materially from those contemplated by the forward-looking statements as a result of certain factors detailed in our filings with the
SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their
entirety by this paragraph.

The
following discussion and analysis of our financial condition and results of operations should be read in conjunction with the unaudited
condensed financial statements and the notes thereto included in this Report under “Item 1. Financial Statements”.

Overview

We
are a blank check company incorporated on February 10, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting
an initial Business Combination. We have not selected any business combination target and we have not, nor has anyone on our behalf,
initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial Business
Combination in any business or industry. We intend to effectuate our initial Business Combination using cash from the proceeds of the
Initial Public Offering and the Private Placement, the proceeds of the sale of our securities in connection with our initial Business
Combination (pursuant to any forward purchase agreements or backstop agreements we may enter into following the consummation of the Initial
Public Offering or otherwise), shares issued to the owners of the target, debt issued to bank or other lenders or the owners of the target,
other securities issuances, or a combination of the foregoing.

The