Company: BLUWU
Filing Date: 2025-03-31
Form Type: S-1/A
Source: 0001641172-25-001410
Chunk: 335

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-03-31
Form: S-1/A
Chunk 335
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 event that a claim for indemnification against     
 such liabilities (other than the payment by the registrant of expenses incurred or paid by      
 a director, officer or controlling person of the registrant in the successful defense of        
 any action, suit or proceeding) is asserted by such director, officer or controlling person     
 in connection with the securities being registered, the registrant will, unless in the opinion  
 of its counsel the matter has been settled by controlling precedent, submit to a court of       
 appropriate jurisdiction the question whether such indemnification by it is against public      
 policy as expressed in the Act and will be governed by the final adjudication of such issue.    |

| (c) | The                                            
 undersigned registrant hereby undertakes that: |

| (1) | For                                                                                                 
 purposes of determining any liability under the Securities Act of 1933, the information omitted     
 from the form of prospectus filed as part of this registration statement in reliance upon           
 Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule            
 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration 
 statement as of the time it was declared effective.                                                 |

| (2) | For                                                                                             
 the purpose of determining any liability under the Securities Act of 1933, each post-effective  
 amendment that contains a form of prospectus shall be deemed to be a new registration statement 
 relating to the securities offered therein, and the offering of such securities at that time    
 shall be deemed to be the initial bona fide offering thereof.                                   |

| II-3 |

| (3) | For                                                                                              
 the purpose of determining liability under the Securities Act of 1933 of any purchaser, if       
 the registrant is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as         
 part of a registration statement relating to an offering, other than registration statements     
 relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be         
 deemed to be part of and included in the registration statement as of the date it is first       
 used after effectiveness. Provided, however, that no statement made in a registration statement  
 or prospectus that is part of the registration statement or made in a document incorporated      
 or deemed incorporated by reference into the registration statement or prospectus that is        
 part of the registration statement will, as to a purchaser with a time of contract of