Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 38

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 38
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 quorum        
 for such meeting will be present if the holders of at least one third of issued and outstanding shares entitled to vote at the meeting   
 are represented in person or by proxy. Our initial shareholders will count toward this quorum and, pursuant to the letter agreement,     
 in such case, our sponsor, officers and directors have agreed to vote their founder shares, private placement shares 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. As a result, if all outstanding   
 shares are voted on a resolution to approve our initial business combination, in addition to our 5,269,500 initial shareholders’         
 founder shares and 415,000 private placement shares, if we would require an ordinary resolution, we would need 4,807,751 public shares,  
 or approximately 32.1% of the 15,000,000 public shares sold in this offering, and if we would require a special resolution of two-thirds 
 of our ordinary shares voted at the meeting, we would need 8,305,168 public shares, or approximately 55.4% of the 15,000,000 public      
 shares sold in this offering, to be voted in favor of an initial business combination in order to have our initial business combination  
 approved, assuming in each case that the over-allotment option is not exercised and that the parties to the letter agreement do not      
 acquire any public shares. Assuming that only the holders of one-third of our issued and outstanding ordinary shares, representing       
 a quorum under our amended and restated memorandum and articles of association, vote their shares, regardless of such vote pertains      
 to an ordinary resolution or a special resolution of two-thirds of our ordinary shares voted at the meeting, we would not need any       
 public shares in addition to our founder shares and private placement shares to be voted in favor of an initial business combination     
 in order to approve an initial business combination.                                                                                     |

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| Private                                    
 placement units and constituent securities |     | Our sponsor, Blue Holdings Sponsor LLC, and BTIG and Roberts &                                                                            
 Ryan, the underwriters, have committed, pursuant to written agreements, to purchase from us an aggregate of 565,000 private placement     
 units