Company: BLUWU
Filing Date: 2025-03-31
Form Type: S-1/A
Source: 0001641172-25-001410
Chunk: 215

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-03-31
Form: S-1/A
Chunk 215
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          |   — |   |     |              |         — |     |                           |   — |   |     |          |   — |   |
| Trevor                                      
 L. Hawkins                                  |     |                            |       — |     |                           |   — |   |     |          |   — |   |     |              |         — |     |                           |   — |   |     |          |   — |   |
| Ish S. Dugal                                |     |                            |       — |     |                           |   — |   |     |          |   — |   |     |              |         — |     |                           |   — |   |     |          |   — |   |
| Laurent D. Hermouet                         |     |                            |       — |     |                           |   — |   |     |          |   — |   |     |              |         — |     |                           |   — |   |     |          |   — |   |
| All officers, directors and                 
 director nominees as a group (6 persons)(3) |     |                            | 400,000 |     |                           | 0.0 | % |     |          | 2.9 | % |     |              | 5,000,000 |     |                           | 100 | % |     |          | 100 | % |

* Less than one percent.

| (1) | Unless otherwise noted, the business address of each of the following is c/o Blue Water Acquisition Corp. III, 15 E. Putnam Avenue, Suite 363, Greenwich, CT 06830. |

| 146 |

| (2) | Interests shown consist solely of founder shares, classified as Class B ordinary shares. Such shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, as described in the section entitled “Description of Securities.” |
| (3) | Blue Water Acquisition III LLC, our sponsor, is the record                                                                                                                                                                                                                                                                                                                                                           
 holder of such shares. Joseph Hernandez, our Chief Executive Officer, is the sole managing member of Blue Water Acquisition                                                                                                                                                                                                                                                                                          
 III LLC and holds voting and investment discretion with respect to the ordinary shares held of record by the sponsor. Mr. Hernandez                                                                                                                                                                                                                                                                                  
 disclaims any beneficial ownership of the securities held by the sponsor other than to the extent of any