Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 30

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 30
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 prior to the closing) owned approximately 17.0%.

In connection with the closing of the Nexeo
Business Combination, WLRH changed its name to “Nexeo Solutions, Inc.” and changed the ticker symbol for its common stock
on the Nasdaq Capital Market from “WLRH” to “NXEO.”

On February 28, 2019, Nexeo was acquired by,
and became a wholly owned subsidiary of, Univar Inc., and Nexeo’s securities ceased to be traded on Nasdaq. Pursuant to the terms
of the merger agreement, each issued and outstanding share of Nexeo common stock was converted into the right to receive merger consideration
consisting of 0.305 shares of Univar common stock (with cash in lieu of any fractional shares) and $3.02 in cash. The stock consideration
payable to former holders of Nexeo common stock and related stock awards consisted, in the aggregate, of approximately 28 million
shares of Univar common stock, or approximately 16% of Univar’s issued and outstanding common stock following the completion of
the transaction. Univar Inc.(NYSE:UNVR) is a leading global chemical and ingredient distributor and provider of value added services to customers across a wide range of industries.

From June 11, 2016 to August 20, 2016 –proposal for this extension was withdrawn before the Special Meeting to vote on the Nexeo Business Combination.

On June 9, 2016, in connection with the shareholder
vote to approve the Nexeo Business Combination, WLRH redeemed a total of 29,793,320 shares of its common stock, approximately 47.65%
of the shares entitled to vote, resulting in a total payment to redeeming stockholders of $298,465,296 ($10.02 per share).

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Our Sponsor Our sponsor, Blue Holdings Sponsor LLC, is a Delaware limited liability company, which was recently formed in February 2025 to invest in our company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. Blue Holdings Management LLC (“BHM”) is the managing member of our sponsor, and Ketan Seth, our Chief Executive Officer and a director of our Company, is the managing member of BHM. Mr. Seth, as the managing member of BHM, the managing member of our sponsor, holds voting