Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 40

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 40
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ment option), or approximately [*]% of this offering. None of the non-managing sponsor investors        
 has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. There can be no assurance that          
 the non-managing sponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the         
 units the non-managing sponsor investors will retain, if any, prior to or upon the consummation of our initial business combination. Because   
 these expressions of interest are not binding agreements or commitments to purchase, non-managing sponsor investors may determine to purchase  
 a different number of units in this offering, or none at all. Depending on how many units are purchased by the non-managing sponsor investors, 
 the post-offering trading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had          
 the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non-managing sponsor      
 investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriters have full discretion 
 to allocate the units to investors and may determine to sell a different number of units to the non-managing sponsor investors, or none        
 at all, and the purchase of the non-managing sponsor membership interests is not contingent upon the participation in this offering or         
 vice versa. The underwriters will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased  
 by the non-managing sponsor investors, if any, as they will on the other units sold to the public in this offering. In addition, none          
 of the non-managing sponsor investors has any obligation to vote any of their public shares in favor of our initial business combination.      
 Nevertheless, the non-managing sponsor investors will be incentivized to vote their public shares in favor of a business combination           
 due to their indirect ownership through the sponsor of founder shares and private placement shares. In the event that the non-managing         
 sponsor investors purchase such units (either in this offering or after) and vote them in favor of our initial business combination, no        
 affirmative votes from other public shareholders would be required to approve our initial business combination. If a majority of the units     
 sold in this offering are purchased by non-managing sponsor members then it may have a material impact on other public shareholders given      
 the potential conflict of interest for the non-managing sponsor members. However, because the non