Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 24

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 24
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 Approach. Rather than engaging in widely marketed transactions, we intend to               
 leverage our extensive network to identify and pursue a proprietary initial business combination.   
 However, we remain open to participating in selective processes, particularly those focused         
 on special purpose acquisition companies, where we would not be competing directly with traditional 
 IPOs or private equity buyouts. Additionally, we may consider opportunities at later stages         
 of a process when other options have been ruled out, relying on our expertise in successfully       
 closing business combinations or where our company is ideally suited to the target’s                
 scale and needs.                                                                                    |

| ● | Readiness                                                                                   
 for Public Markets and Transaction Process. We aim to acquire a company that either already 
 has in place or can establish the necessary governance structures, financial systems, and   
 controls to meet the requirements of a publicly traded company.                             |

While these criteria serve as a guideline, they are not exhaustive. Our assessment of a potential initial business combination will take into account various relevant factors as determined by our management team. If we choose to proceed with a target company that does not fully meet these criteria, we will transparently disclose this information in our communications with stockholders. This disclosure will be provided through proxy solicitation materials or tender offer documents, as outlined in this prospectus, and submitted to the SEC.

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Potential Additional Financings</div>

We may need to obtain additional financing to complete our initial business combination, either because the transaction requires more cash than is available from the proceeds held in our trust account or because we become obligated to redeem a significant number of our public shares upon completion of the business combination, in which case we may issue additional securities or incur debt in connection with such business combination. If we raise additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution and these securities could have rights that rank senior to our public shares. If we raise additional funds through the incurrence of indebtedness, such indebtedness would have rights that are senior to our equity securities and could contain covenants that restrict our operations. Further, as described above, due to the anti-dilution rights of our founder shares, our public shareholders may incur material dilution. In addition, we intend to target businesses with enterprise values that are greater than we could acquire with the net proceeds of this offering and the sale of the private placement units, and, as a result, if the cash portion of the purchase price exceeds the amount available from the trust account, net of amounts needed to