Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 36

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 36
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 ordinary shares issued pursuant to the underwriters’ over-allotment option and excluding the securities underlying the private                    
 placement units issued to the sponsor), plus (ii) all Class A ordinary shares and equity-linked securities issued or deemed                       
 issued, in connection with the closing of the initial business combination (excluding any shares or equity-linked securities issued,              
 or to be issued, to any seller in the initial business combination and any private placement-equivalent units issued to our sponsor,              
 BHM, certain of our officers or directors, or any of their respective affiliates upon conversion of working capital loans) minus (iii) any        
 redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination; provided that                   
 such conversion of founder shares will never occur on a less than one-for-one basis.                                                              |

| Appointment                                                                                       
 and removal of directors and continuing the company outside of the Cayman Islands; voting rights: |     | Except                                                                                                                                       
 as set forth below, holders of record of our Class A ordinary shares and Class B ordinary shares are entitled to one vote for                
 each share held on all matters to be voted on by shareholders, voting together as a single class. Unless specified in our amended and        
 restated memorandum and articles of association or as required by the Companies Act or stock exchange rules, an ordinary resolution under    
 Cayman Islands law and our amended and restated memorandum and articles of association, which requires the affirmative vote of a simple      
 majority of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at       
 the applicable general meeting of the company is generally required to approve any matter voted on by our shareholders, voting together      
 as a single class. Approval of certain actions require a special resolution under Cayman Islands law, which (except as specified below)      
 requires the affirmative vote of at least two-thirds of the votes cast by such shareholders as, being entitled to do so, vote in person      
 or, where proxies are allowed, by proxy at the applicable general meeting, and pursuant to our amended and restated memorandum and articles  
 of association, such actions include amending our amended and restated memorandum and articles of association and approving a statutory      
 merger or consolidation with another company. There is no cumulative voting with respect to the appointment of directors, meaning, following 
 our initial business combination, the holders of more than 50% of our ordinary shares voted for the appointment of directors can elect       
 all of the directors. Prior to