Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 4

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 4
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exercised in full). The private placement units are identical to the units sold in this offering, subject to certain limited
exceptions as described in this prospectus. [*] institutional investors (none of which are affiliated with any member of our management,
our sponsor, BTIG, Roberts & Ryan or any other investor), which we refer to as the “non- managing sponsor investors” throughout
this prospectus, have expressed an interest to indirectly purchase, through purchase of non-managing sponsor membership interests, an
aggregate of 290,000 private placement units (or 312,500 private placement units if the underwriters’ over-allotment option
is exercised in full) at a price of $10.00 per unit ($2,900,000 in the aggregate, or $3,125,000 if the underwriters’ over-allotment
option is exercised, in a private placement that will close simultaneously with the closing of this offering. Subject to each non-managing
sponsor investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering,
the sponsor will issue membership interests at a nominal purchase price of $0.004 per underlying founder share to the non-managing sponsor
investors reflecting indirect interests in an aggregate of 2,521,739 founder shares (or 3,125,000 founder shares if the underwriters exercise
the over-allotment option in full) held by the sponsor.

The non-managing sponsor investors have expressed
to us an interest in purchasing an aggregate of approximately $[*] million of the public units in this offering at the offering price
(assuming the exercise in full of the underwriters’ over-allotment option), or approximately [*]%, of the public units at the offering
price. None of the non-managing sponsor investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold
in this offering. There can be no assurance that the non-managing sponsor investors will acquire any units, either directly or indirectly,
in this offering, or as to the amount of the units the non-managing sponsor investors will retain, if any, prior to or upon the consummation
of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, non-managing
sponsor investors may determine to purchase fewer units in this offering, or none at all. Depending on how many public units are purchased
by the non-managing sponsor investors