Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 26

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 26
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 QPAC, and QPACW, respectively.

On June 30, 2014, Quinpario completed
an initial business combination as a result of which it acquired all of the outstanding shares of Jason Partners Holdings, Inc. (“JPHI”)
pursuant to a stock purchase agreement, dated as of March 16, 2014, for a purchase price of $538,650,000, funded by the cash proceeds
from Quinpario’s initial public offering, new debt and rollover equity invested by Jason’s former owners and management of
JPHI (collectively the “Rollover Participants”). In the business combination, Quinpario paid the following consideration to the former equity holders of Jason Industries, Inc.: (i) $260,449,700 in aggregate cash consideration and (ii) reserved 3,485,623 shares of our common stock deliverable upon exchange of shares of Quinpario Sub which are held by former equity holders of Jason. JPIH was a global industrial manufacturing company operating the following four businesses: finishing,
seating, acoustics and components. Following the consummation of the business combination, Jason became an indirect majority-owned subsidiary
of Quinpario, with Quinpario owning approximately 81.8% of JPHI and the Rollover Participants owning a noncontrolling interest of approximately
18.2% of JPHI. In connection with the closing of the business combination, Quinpario changed its name to Jason Industries, Inc. (“Jason”),
and its common stock and warrants commenced trading on Nasdaq under the symbols, “JASN” and “JASNW,” respectively.
Mr. Qureshi ceased to be an officer or director following the consummation of the business combination. On July 1, 2017, The Nasdaq Stock
Market LLC filed a Form 25 with the SEC terminating the listing of Quinpario’s securities and registration under Section 12(b)
of the Securities Exchange Act of 1934, as amended.

<div align='center'>7</div>

There were no extensions.

In connection with the shareholder vote to approve the business combination, Quinpario redeemed a total of 2,542,667 shares of its common stock, approximately 10.3% of the shares entitled to vote, resulting in a total payment to redeeming stockholders of $26,101,273.

WL Ross Holding Corp.

Mr