Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 130

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 130
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 of the initial business combination,
such as (i) the value of our public and private placement units (and the securities comprising such units), (ii) the trading
price of our Class A ordinary shares, (iii) the initial business combination transaction costs (other than the payment of $5,250,000
of deferred underwriting commissions), (iv) any equity issued or cash paid to the target’s sellers, (v) any equity issued
to other third party investors, or (vi) the target’s business itself.

| Public shares                                                                |     |   |  15,000,000 |
| Private placement shares underlying the private placement units              |     |   |     490.000 |
| Founder shares                                                               |     |   |   5,269,500 |
| Shares underlying public and private rights                                  |     |   |   1,549,000 |
| Representative shares                                                        |     |   |     150,000 |
| Total shares                                                                 |     |   |  22,458,500 |
| Total funds in trust available for initial business combination              |     | $ | 144,750,000 |
| Public shareholders’ investment per Class A ordinary share(1)                |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                           |     | $ |       0.004 |
| Initial implied value per public share                                       |     | $ |       10.00 |
| Implied value per share upon consummation of initial business combination(3) |     | $ |        6.45 |

| (1) | While                                                                                                                                 
 the public shareholders’ investment is in both the public shares and the Share Rights, for purposes of this table the full investment 
 amount is ascribed to the public shares only.                                                                                         |

| (2) | The                                                                                                                                       
 total investment in the equity of the company by the sponsor and BTIG and Roberts & Ryan is $4,925,000, consisting of (i) $25,000         
 paid by the sponsor for the founder shares, (ii) $ 3,400,000 paid by the sponsor for 340,000 private placement units and (iii) $1,500,000 
 paid by BTIG and Roberts & Ryan for 150,000 private placement units. For purposes of this table, the full investment amount is ascribed   
 to the founder shares only.                                                                                                               |

| (3)