Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 95

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 95
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writers’
over-allotment option is exercised in full) at $10.00 per unit for an aggregate purchase price of $4,900,000 (or $5,350,000 if the
underwriters’ over-allotment option is exercised in full) in a private placement that will close simultaneously with the
closing of this offering. Of those 490,000 private placement units, our sponsor has agreed to purchase 340,000 private
placement units (or 362,500 units if the underwriters’ over-allotment option is exercised in full) and BTIG and Roberts
& Ryan have agreed to purchase 150,000 private placement units (or 172,500 private placement units 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. The non-managing sponsor investors
have expressed an interest to indirectly purchase, through the purchase of non-managing sponsor membership interests, an economic
interest in an aggregate of 290,000 private placement units (or 312.500 units if the underwriters’ over-allotment option
is exercised in full) at a price of $10.00 per unit ($2,900,000 in the aggregate, or $3,125,000 if the over-allotment is exercised
in full) 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 economic interest in 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 to the non-managing
sponsor investors reflecting interests in an aggregate of 2,717,391 founder shares (or 3,125,000 founder shares if the
underwriters’ over-allotment option is exercised in full) held by the sponsor. The founder shares and private placement units
owned by the sponsor cannot be transferred under the letter agreement, except under limited circumstances. The non-managing sponsor
investors will not be subject to transfer restrictions or a lock-up agreement on any public Class A ordinary shares that they may
purchase in this offering pursuant to the expressions of interests described above or otherwise.

The private placement units (and the securities comprising such units) will be worthless if we do not complete our initial business combination. The personal and financial interests of our officers and