Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 99

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 99
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 of $5,397,500 (or $5,922,500 if the underwriters’
over-allotment option is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Of
those 539,750 private placement units, our sponsor has agreed to purchase 364,750 private placement units (or 391,000 private
placement units if the underwriters’ over-allotment option is exercised in full) and BTIG and Roberts & Ryan have agreed to
purchase 175,000 private placement units (or 201,250 private placement units if the underwriters’ over-allotment option is
exercised in full). The private placement units are identical to the units sold in this offering, subject to certain limited
exceptions as described in this prospectus. The non-managing sponsor investors have expressed an interest to indirectly purchase, through
the purchase of non-managing sponsor membership interests, an economic interest in an aggregate of 314,750 private placement units (or
341,000 private placement units if the underwriters’ over-allotment option is exercised in full) at a price of $10.00 per unit ($3,147,500
in the aggregate, or $3,410,000 if the over-allotment is exercised in full) in a private placement that will close simultaneously with
the closing of this offering. Subject to each non-managing sponsor investor purchasing, through the sponsor, the economic interest in
the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests
at a nominal purchase price to the non-managing sponsor investors reflecting interests in an aggregate of 2,965,217 founder shares (or
3,410,000 founder shares if the underwriters’ over-allotment option is exercised in full) held by the sponsor. The founder shares
and private placement units owned by the sponsor cannot be transferred under the letter agreement, except under limited circumstances.
The non-managing sponsor investors will not be subject to transfer restrictions or a lock-up agreement on any public Class A ordinary
shares that they may purchase in this offering pursuant to the expressions of interests described above or otherwise.

The private placement units (and the securities comprising such units) will be worthless if we do not complete our initial business combination. The personal and financial interests of our officers and directors may influence their motivation in identifying and selecting a target business combination, completing an initial business combination and influencing the operation of