Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 170

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 170
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2005, Mr. Qureshi worked
at Arthur D. Little, a global management consulting firm, and Charles River Associates, a global consulting firm. Mr. Qureshi was a member
of the Board of International Seaways (NYSE:INSW) from July 2021 until February 2024 and served as a member of the Board of Diamond S
Shipping (NYSE:DSSI) from 2017 to 2021 (as Chairman from 2019 until its merger in 2021) and on the Board of Nexeo Solutions (NASDAQ:NXEO)
from 2016 to 2017.

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.

<div align='center'>104

Prior SPAC Experience</div>

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 at $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 cver-allotment option, resulting in 2,500,000 additional units being sold at $10.00 per unit, generating gross proceeds of approximately $25 million. Simultaneously with the closing of the initial public offering, Swiftmerge consummated the private placement of 8,600,000 private placement warrants, at a price of $1.00 per private placement warrant with it sponsor and certain institutional investors, generating gross proceeds of approximately $8.6 million. On January 18, 2022, following the underwriter’s exercise of the over-allotment option, the sponsor purchased from Swiftmerge an additional 750,000 private placement warrants at a price