Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 13

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 13
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 to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline” on page 85.

The following table illustrates the difference
between the public offering price per unit and our net tangible book value per share, as adjusted to reflect various potential redemption
levels that may occur in connection with the closing of our initial business combination, which we refer to as “Adjusted NTBVPS,”
on a pro forma basis to give effect to this offering and the issuance of the private placement units, assuming the exercise in full and
no exercise of the over-allotment option. Adjusted NTBVPS excludes the effect of the consummation of our initial business combination
or any related transactions or expenses. See the section titled “ Dilution” on page 99 for more information.

| As                                       
 of February 28, 2025                     |                                      |     |            |      |     |            |      |     |            |      |     |            |      |     |            |      |     |            |      |     |            |       |   |     |            |       |
|:-----------------------------------------|-------------------------------------:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|-----:|:----|:-----------|:------|:--|:----|:-----------|------:|
| Offering Price of                        
 $10.00 per Unit                          |                                      |     | 25%        
 of Maximum 
 Redemption |      |     |            |      |     | 50%        
 of Maximum 
 Redemption |      |     |            |      |     | 75%        
 of Maximum 
 Redemption |      |     |            |      |     | Maximum    
 Redemption |       |   |     |            |       |
| Adjusted                                 
 NTBVPS                                   |                                      |     | Adjusted   
 NTBVPS     |      |     | Difference 
 between    
 Adjusted   
 NTBVPS     
 and        
 Offering   
 Price      |      |     | Adjusted   
 NTBVPS     |      |     | Difference 
 between    
 Adjusted   
 NTBVPS