Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 9

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 9
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 respective affiliates to finance transaction costs
related to our initial business combination, up to $1,500,000 of such loans may be convertible into units of the post-business combination
entity at a price of $10.00 per unit at the option of our sponsor. Additionally, our sponsor, our officers and directors or their affiliates
may be paid finder’s fees, advisory fees, consulting fees or success fees in order to effectuate the completion of our initial business
combination. Additionally, following consummation of a business combination, members of our management team will be entitled to reimbursement
for any out-of-pocket expenses related to identifying, investigating and completing an initial business combination. As a result, there
may be actual or potential material conflicts of interest between members of our management team, our sponsor and its affiliates on one
hand, and purchasers in this offering on the other. See the sections titled “ Prospectus Summary — Our Sponsor” on page 5 for further discussion on our sponsor’s and affiliate’s compensation; “ Proposed Business — Sourcing of Potential Business Combination Targets”on page 110 and “Certain Relationships and Related Party Transactions” on page 145 for more information.

We have until the date that is 21 months from the closing of this offering or until such earlier liquidation date as our board of directors may approve to consummate our initial business combination. If we anticipate that we may be unable to consummate our initial business combination within such 21-month period, we may further seek shareholder approval to amend our amended and restated memorandum and articles of association to extend the date by which we must consummate our initial business combination. If we seek shareholder approval for an extension, holders of public shares will be offered an opportunity to redeem their shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned thereon (less income taxes, if any, payable), divided by the number of then issued and outstanding public shares, subject to applicable law. If we are unable to complete our initial business combination within 21 months from the closing of this offering (or such later date as approved by our shareholders), or by such earlier liquidation date as our board of directors may approve, we will redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned thereon (less income taxes, if any, payable and up to $100,000 of interest income to