Company: BACC
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001185185-25-001689
Chunk: 0

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1.
Financial Statements.

BLUE
ACQUISITION CORP.
UNAUDITED CONDENSED BALANCE SHEET

    September 30, 

    2025 
  
    ASSETS 

    Current Assets: 

    Cash 
    $1,045,403 
  
    Prepaid expenses - current 
     104,727 
  
    Due from related party 
     10,321 
  
    Total Current Assets 
     1,160,451 
  
    Non-current Assets: 

    Cash and marketable securities held in Trust Account 
     203,677,270 
  
    Prepaid expenses – non-current 
     52,603 
  
    Total Non-current Assets 
     203,729,873 
  
    TOTAL ASSETS 
    $204,890,324 

    LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 

    Current Liabilities: 

    Accounts payable 
    $92,222 
  
    Accrued expenses 
     1,800 
  
    Administrative services fee payable – related party 
     5,000 
  
    Total Current Liabilities 
     99,022 
  
    Non-current Liabilities: 

    Deferred underwriter fee liability 
     7,043,750 
  
    Total Non-current Liabilities 
     7,043,750 
  
    TOTAL LIABILITIES 
     7,142,772 

    Commitments and Contingencies (Note 7) 

    Class A ordinary shares subject to possible redemption, $0.0001 par
value; 20,125,000 shares issued and outstanding at redemption value 
     203,677,270 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 767,250 shares issued and outstanding (excluding 20,125,000 shares subject to possible redemption) 
     77 
  
    Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,069,913 shares issued and outstanding 
     707 
  
    Additional paid-in capital 
     —