Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 34

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 34
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ii) waive their redemption rights with respect to their founder shares, private placement             
 shares and public shares in connection with a shareholder vote to approve an amendment to our amended and restated memorandum and articles  
 of association (A) to modify the substance or timing of our obligation to allow redemption in connection with our initial business          
 combination or to redeem 100% of our public shares if we have not consummated an initial business combination within the completion window  
 or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination                   
 activity; (iii) waive their rights to liquidating distributions from the trust account with respect to their founder shares or private      
 placement shares if we fail to complete our initial business combination within the completion window, although they will be entitled       
 to liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete our initial business 
 combination within the prescribed time frame and to liquidating distributions from assets outside the trust account; and (iv) vote          
 any founder shares and private placement shares held by them and any public shares purchased during or after this offering (including       
 in open market and privately-negotiated transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e-5 
 under the Exchange Act, which would not be voted in favor of approving the business combination transaction) in favor of our initial        
 business combination; and                                                                                                                   |
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 non-managing sponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public            
 shareholders and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose           
 of any securities held by the sponsor, including the founder shares and the private placement units held by the sponsor. The non-managing   
 sponsor investors are not required to (i) hold any public units, Class A ordinary shares or Share Rights they may purchase                  
 in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary shares they may own at the applicable                 
 time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares                
 at the time of our initial business combination. The non-managing sponsor investors will have the same rights to the funds held in          
 the trust account with respect to the Class A ordinary shares comprising part of the units they may purchase in this offering               
 as the rights afforded to our other public shareholders.                                                                                    |
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