Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 132

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 132
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offering price of $10.00 per unit. This dilution would increase to the extent that the anti-dilution provisions of the founder shares
result in the issuance of Class A ordinary shares on a greater than one-for-one basis upon conversion of the founder shares at the
time of our initial business combination. In addition, because of the anti-dilution protection in the founder shares, any equity or equity-linked
securities issued in connection with our initial business combination would be disproportionately dilutive to our Class A ordinary
shares.

The non-managing sponsor investors have expressed an interest to purchase approximately 42.2% of the units in this offering, which could reduce the trading volume, volatility and liquidity for our shares, adversely affect the trading price of our shares.

Seven non-managing sponsor investors have
expressed to us an interest in purchasing up to an aggregate of approximately 8.5 million of the units in this offering at the offering
price (assuming the exercise in full of the underwriters’ over-allotment option), or approximately 42.2% of this offering. 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.
Because these expressions of interest are not binding agreements or commitments to purchase, each of the non-managing sponsor investors
may determine to purchase fewer or no units in this offering. In addition, the underwriters have full discretion to allocate the units
to investors and may determine to sell fewer units to the non-managing sponsor investors, or none at all, and the purchase of the non-managing
sponsor membership interests is not contingent upon the participation in this offering or vice-versa. Depending on how many units are
purchased by the non-managing sponsor investors, the post-offering trading volume, volatility and liquidity of our securities may be
reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect
any purchase of units by the non-managing sponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements
as we expect to comply with all of the Nasdaq listing requirements prior to the effective date of the registration statement of which
this prospectus forms a part. Although we have no knowledge of any affiliation or other agreement or arrangement, as to voting of our
securities or otherwise, among the non-managing sponsor investors, if such investors all elect to purchase