Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 172

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 172
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 (ii) 25,994,400 shares of Surviving PubCo Class C Common Stock (with
one Class C HoldCo Unit to accompany each share of Surviving PubCo Class C Common Stock).

As of the closing of
the merger, following the public share redemptions, the forfeiture of 2,535,001 Class A Ordinary Shares, 1,689,999 Class B Ordinary Shares
and 9,350,000 Swiftmerge Private Warrants by the Sponsor, certain qualified institutional buyers or institutional accredited investors
and certain unaffiliated third-party investors, as applicable, and the consummation of the merger, there were (i) 40,560,433 shares of
Surviving PubCo Class A Common Stock issued and outstanding, (ii) 25,994,400 shares of Surviving PubCo Class C Common Stock issued and
outstanding, and (iii) 11,250,000 warrants to acquire 11,250,000 shares of Surviving PubCo Class A Common Stock outstanding following
the business combination (the “”). The Surviving PubCo Class A Common Stock and Surviving PubCo
Warrants commenced trading on the Nasdaq Capital Market (the “”) under the symbols “ANNA” and “ANNAW,”
respectively, on December 16, 2024.

Following the closing,
the registrant is organized in an “up-C” structure, such that Surviving PubCo and its subsidiaries hold and operate substantially
all of the assets and business of the Company, and Surviving PubCo is a publicly listed holding company that holds equity interests in
AleAnna through HoldCo.

Argyle Security, Inc.

From September 2005 to October 2009, General Clark, our
Non-Executive Chairman nominee, was a director of Argyle Security, Inc., formerly Argyle Security Acquisition Corporation,
incorporated in Delaware in June 2005 as a special purpose acquisition company focused on acquiring a business in the security
industry.

In January 2006, Argyle
Security Acquisition Corporation (“Argyle”) consummated an initial public offering of its units, each consisting of one share of
common stock and one warrant to purchase one additional share of common stock for a purchase price of $8.00 per unit, from which it received
net proceeds of approximately $28.2 million (after deducting certain offering expenses of approximately $2.4 million, including underwriting
discounts of approximately $1.8 million