Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 4

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 4
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 if the underwriters’
over-allotment option is exercised in full). The private placement units are identical to the units sold in this offering,
subject to certain limited exceptions as described in this prospectus. Seven institutional investors (none of which are affiliated with
any member of our management, our sponsor, BTIG, Roberts & Ryan or any other investor), which we refer to as the “non- managing
sponsor investors” throughout this prospectus, have expressed an interest to indirectly purchase, through purchase of non-managing
sponsor membership interests, an aggregate of 314,750 private placement units (or 341,000 private placement units if the underwriters’
over-allotment option is exercised in full) at a price of $10.00 per unit ($3,147,500 in the aggregate, or $3,410,000 if the underwriters’
over-allotment option is exercised, in a private placement that will close simultaneously with the closing of this offering. Subject
to each non-managing sponsor investor purchasing, through the sponsor, the private placement units allocated to it in connection with
the closing of this offering, the sponsor will issue membership interests at a nominal purchase price of $0.004 per underlying founder
share to the non-managing sponsor investors reflecting indirect interests in an aggregate of 2,965,217 founder shares (or 3,410,000 founder
shares if the underwriters exercise the over-allotment option in full) held by the sponsor.

Seven non-managing sponsor investors have
expressed to us an interest in purchasing an aggregate of approximately 8.5 million of the public units in this offering at the offering
price (assuming the exercise in full of the underwriters’ over-allotment option), or approximately 40%, of the public units at
the offering price. None of the non-managing sponsor investors has expressed to us an interest in purchasing more than 9.9% of the units
to be sold in this offering. There can be no assurance that the non-managing sponsor investors will acquire any units, either directly
or indirectly, in this offering, or as to the amount of the units the non-managing sponsor investors will retain, if any, prior to or
upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments
to purchase, non-managing sponsor investors may determine to purchase fewer units in this offering, or none at all. Depending on how
many