Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 328

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 328
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012,500 if the underwriters’ over-allotment option is
exercised in full), or $10.00 per unit, in the private placement that will occur simultaneously with the completion of this
offering. The terms of the private placement units are identical to those of the public units, except that the private
placement units are subject to certain limited exceptions as described in this prospectus. The private placement units
(including the securities comprising such units) have been deemed compensation by FINRA and are therefore subject to the lock-up
restrictions imposed by FINRA Rule 5110(e) pursuant to which these securities will not be sold, transferred, assigned,
pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the
economic disposition of the securities by any person for a period of 180 days immediately following the commencement of sales
of this offering except as permitted under FINRA Rule 5110(e)(2) including to any member participating in the offering and
the officers or partners, registered persons or affiliates thereof. We have granted BTIG and Roberts & Ryan and their respective
designees certain registration rights relating to these securities. BTIG and Roberts & Ryan and their respective designees may
not exercise their demand and “piggy-back” registration rights after five years after the effective date of the
registration statement of which this prospectus forms a part and may not exercise their demand rights on more than one
occasion.

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Stabilization and Other Transactions

The underwriters pursuant to Regulation M under the Exchange Act may engage in short sale transactions, stabilizing transactions, syndicate covering transactions or the imposition of penalty bids in connection with this offering. These activities may have the effect of stabilizing or maintaining the market price of the units at a level above that which might otherwise prevail in the open market. Establishing short sales positions may involve either “covered” short sales or “naked” short sales.

“Covered” short sales are sales made in an amount not greater than the underwriters’ option to purchase additional units in this offering. The underwriters may close out any covered short position by either exercising the overallotment option or purchasing our securities in the open market or from market participants. In determining the source of units to close out the covered short position, the underwriters will consider, among other things, the price of units available for purchase in the market as compared