Company: BACC
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001185185-25-000574
Chunk: 131

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-06-02
Form: S-1/A
Chunk 131
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 our sponsor, officers and directors could have conflicts of interest in determining whether to present
business combination opportunities to us or to any other blank check company with which they may become involved. Our sponsor, officers
and directors have complete discretion, subject to applicable fiduciary duties, as to which blank check company they choose to pursue
a business combination and the order in which they pursue business combinations for any of their existing or future blank check companies.
As a result, our sponsor, officers and directors may pursue business combinations for blank check companies that it has sponsored in
any order, which could result in its more recent blank check companies completing business combinations prior to its blank check companies
that were launched earlier. There are no contractual obligations governing the allocation of opportunities among the various blank check
companies. Any determination as to which blank check company will pursue a particular acquisition target will be made based on the circumstances
of the particular situation, including but not limited to the relative sizes of the blank check companies compared to the sizes of the
targets, the need or desire for additional financings and the relevant experience of our sponsor, directors and officers involved with
a particular blank check company. Each of our officers and directors presently has, and any of them in the future may have additional,
fiduciary, contractual or other obligations or duties to one or more other entities pursuant to which such officer or director is or
will be required to present a business combination opportunity to such entities. Accordingly, if any of our officers or directors becomes
aware of a business combination opportunity which is suitable for an entity to which he or she has then current fiduciary or contractual
obligations, he or she will honor his or her fiduciary or contractual obligations to present such business combination opportunity to
such other entity, subject to their fiduciary duties under Cayman Islands law. Our amended and restated memorandum and articles of association
provide that, to the fullest extent permitted by law: (i) no individual serving as a director or an officer, among other persons,
shall have any duty, except and to the extent expressly assumed by contract, to refrain from engaging directly or indirectly in the same
or similar business activities or lines of business as us, and (ii) we renounce any interest or expectancy in, or in being offered
an opportunity to participate in, any potential transaction or matter which (a) may be a corporate opportunity for any director
or officer, on the one hand, and us, on the other or (b) the