Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 19

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 19
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 of WL Ross & Co. LLC, a private equity firmfocused on investments in financially distressed companies with undervalued stocks, which since 2006 has been operating as a wholly owned subsidiary ofInvesco Ltd. From 2012 to 2015, Mr. Qureshi was a Partner at Quinpario
Partners LLC, a private equity firm. From 2005 to 2012, he was a senior executive with Solutia, Inc. (as Senior Vice President, Emerging
Markets from August 2011), and part of the management team that led the restructuring and transformation of Solutia from a bankrupt commodity
producer to a profitable specialty chemicals business until its sale to Eastman Chemical in 2012. From 2000 to 2005, Mr. Qureshi worked
at Arthur D. Little, a global management consulting firm, and Charles River Associates, a global consulting firm. Mr. Qureshi also was
a member of the Board of Directors of International Seaways (NYSE:INSW) from July 2021 until February 2024 and Diamond S Shipping (NYSE:DSSI)
from 2017 to 2021 (as Chairman from 2019 until its merger in 2021).

The past performance of our management team or our Board is not a guarantee either (i) of success with respect to any business combination we may consummate or (ii) that we will be able to identify a suitable candidate for our initial business combination. Further, in recent years, a number of target businesses have underperformed financially post-business combination. You should not rely on the historical record of our management teams’ or our board’s performance as indicative of our future performance.

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Prior SPAC Experience General (Ret.) Wesley Clark, Non-Executive Chairman nominee Swiftmerge Acquisition Corp. From December 14, 2021 to December 13, 2024, General Clark served as a director of Swiftmerge Acquisition Corp. (“Swiftmerge”), a special purpose acquisition company. On December 17, 2021, Swiftmerge consummated its initial public offering of 20,000,000 units for a purchase price of $10.00 per unit, generating gross proceeds of approximately $200 million.Each unit consisted of one Class A ordinary share and one-half of one redeemable warrant. On January 18, 2022, the underwriter partially exercised its over-allotment option, resulting in 2