Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 50

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 50
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 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-managing sponsor investors are             
 not obligated to continue owning any public shares following the closing of this offering and are not obligated to vote any public           
 shares in favor of our initial business combination, we cannot assure you that any of these non-managing sponsor investors will be           
 public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders,             
 we cannot assure you as to how