Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 166

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 166
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500 and underwriting commissions of $0.20 per unit (including any units sold pursuant to the underwriters’ option 
 to purchase additional units), or $3,500,000 in the aggregate (or $4,025,000 if the underwriters’ over-allotment option is exercised 
 in full), payable to BTIG and Roberts & Ryan (excluding deferred underwriting commissions). See “Use of Proceeds.”                   |

| (2) | Upon the consummation                                                                                                            
 of our initial business combination, the deferred underwriting commissions would be paid as follows: $0.35 per unit on all units 
 sold including those sold pursuant to the underwriters’ option to purchase additional units, or $6,125,000 in the aggregate      
 (or $7,043,750 in the aggregate if the underwriters’ over-allotment option is exercised in full) payable to BTIG and Roberts     
 & Ryan for deferred underwriting commissions. See also “Underwriting” for a description of compensation and other                
 items of value payable to the underwriters.                                                                                      |

| (3) | If we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our sponsor, initial shareholders, directors, executive officers or their affiliates may purchase shares or Share Rights in privately negotiated transactions or in the open market either prior to or following the completion of our initial business combination. In the event of any such purchases of our shares prior to the completion of our initial business combination, the number of ordinary shares subject to redemption will be reduced by the amount of any such purchases, increasing the pro forma net tangible book value per share. See “Proposed Business — Effecting Our Initial Business Combination — Permitted Purchases of Our Securities.” |

<div align='center'>100

Capitalization</div>

The following table sets forth our capitalization at February 28, 2025, and as adjusted to give effect to the filing of our amended and restated memorandum and articles of association, the sale of our units in this offering and the sale of the private placement units and the application of the estimated net proceeds derived from the sale of such securities, assuming no exercise by the underwriters of their over-allotment option:

|                                                                                                                                                 |     | February 
 28, 2025 |         |   |     |             |             |   |
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