Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 266

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 266
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 as the representative shares, private placement units (and the underlying securities) are held by BTIG, Roberts & Ryan or their respective designees or affiliates, they will be subject to the lock-up and registration rights limitations imposed by FINRA Rule 5110.

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Registration Rights

The holders of the (i) founder shares, which were issued in a
private placement prior to the closing of this offering, (ii) private placement units (and the securities comprising such units)
which will be issued in a private placement simultaneously with the closing of this offering, (iii) private placement units (and
the securities comprising such units) that may be issued upon conversion of working capital loans and (iv) representative shares will
have registration rights to require us to register a sale of any of our securities held by them and any other securities of the company
acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement to be signed
prior to or on the effective date of this offering. Pursuant to the registration rights agreement and assuming the underwriters exercise
their over-allotment option in full and $1,500,000 of working capital loans are converted into private placement units, we will be obligated
to register up to 8,061,388 Class A ordinary shares and 742,250 private placement rights. The number of Class A ordinary shares includes
(i) 7,069,913 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 592,250 Class A ordinary shares comprising
part of the private placement units, (iii) 59,225 Class A ordinary shares to be issued upon conversion of private placement rights as
part of the private placement units, (iv) 150,000 Class A ordinary shares comprising part of the private placement units issued upon conversion
of working capital loans, (vi) 15,000 Class A ordinary shares to be issued upon conversion of private placement rights as part of the
working capital units upon conversion of working capital loans and (vii) 175,000 Class A ordinary shares constituting the representative
shares. The number of private placement rights includes 592,250 private placement rights as part of the private placement units and 150,000
private placement rights as part of the working capital units upon the conversion of working capital loans. The holders of these securities
are entitled to make up to three demands, excluding short form demands, that we register