Company: BACC
Filing Date: 2025-06-11
Form Type: S-1/A
Source: 0001185185-25-000607
Chunk: 186

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-11
Form: S-1/A
Chunk 186
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 an aggregate of 2,965,217 founder shares, in a private placement that will close simultaneously with this offering. See
“Summary — The Offering — Private placement units and constituent securities.” In addition, each of Ketan
Seth, our CEO, and David Bauer, our CFO, will receive an indirect interest in 75,000 founder shares, and each of General (Ret.) Wesley
Clark, Dario Dino Ferrari, Nadim Qureshi and Dr. Kenneth Moritsugu, our independent directors, will receive an indirect interest in 50,000
founder shares, and each of Glenn Hill, Mina Janeska and Francisco de Borbon Graf von Hardenberg, our special advisors, will receive an
indirect interest in 25,000 founder shares, through membership interests in BHM, but only Mr. Seth, as the managing member of BHM, will
have the right to control the sponsor or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise.
Dario Dino Ferrari has an indirect economic interest in BHM through his ownership of 10,000 Class B Units in BHM representing private
placement units purchased by him for $100,000. Our sponsor also has assigned 300,000 founder shares to Alberto Pontonio, a registered
broker-dealer associated with Roberts & Ryan, co-manager of this offering. Other than Mr. Seth and our other directors and officers,
none of the other members of our sponsor will participate in our company’s activities. Assuming our independent directors and, as
described below, all prospective non-managing sponsor investors are issued membership interests in our sponsor, our directors and officers
will hold approximately 6.0% of the sponsor membership interests reflecting indirect interests in the founder shares and approximately
2.7% of the sponsor membership interests reflecting indirect interests in the private placement units. None of the non-managing sponsor
investors will hold voting interests in our sponsor nor have any rights to control our sponsor or to vote or dispose of any securities
held by our sponsor. None of the sponsor non-managing members have a direct or indirect material interest in our sponsor.

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The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates:

| Entity/Individual                                                                                       |     | Amount