Company: BACC
Filing Date: 2025-05-14
Form Type: S-1
Source: 0001185185-25-000465
Chunk: 3

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-05-14
Form: S-1
Chunk 3
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 any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the shares sold in this offering without our prior consent. However, we would not be restricting our shareholders’ ability to vote all of their shares (including all shares held by those shareholders that hold more than 15% of the shares sold in this offering) for or against our initial business combination. See “ Summary — The Offering — Limitation on redemption rights of shareholders holding 15% or more of the shares sold in this offering if we hold shareholder vote” on page 35 for further discussion on certain limitations on redemption rights.

Our sponsor, Blue Holdings Sponsor LLC, and BTIG,
LLC (“BTIG”) and Roberts & Ryan, Inc. (“Roberts & Ryan”), the underwriters, have committed,
pursuant to written agreements, to purchase from us an aggregate of 490,000 private placement units (or 535,000 private placement units
if the underwriters’ over-allotment option is exercised in full) at $10.00 per unit for an aggregate purchase price of $4,900,000
(or $5,350,000 if the underwriters’ over-allotment option is exercised in full) in a private placement that will close simultaneously
with the closing of this offering. Each private placement unit consists of one Class A ordinary share and one Share Right to receive one
tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination, as described in more detail in this
prospectus. We refer to these units throughout this prospectus as the private placement units and the Share Rights included in the private
placement units as private placement rights. Of those 490,000 private placement units (or 535,000 private placement units if the underwriters’
over-allotment option is exercised in full), our sponsor has agreed to purchase 340,000 private placement units (or 362,500 private
placement units if the underwriters’ over-allotment option is exercised in full), and BTIG and Roberts & Ryan have agreed to
purchase 150,000 private placement units (or 172,500 private placement units if the underwriters’ over-allotment option is