Company: BACC
Filing Date: 2025-11-19
Form Type: 8-K
Source: 0001185185-25-001796
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Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-11-19
Form: 8-K
Item: Item 7.01
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Item 7.01 Regulation FD Disclosure.

On November 19, 2025, Blue
Acquisition Corp., a Cayman Islands exempted company (“ Blue”), and Blockfusion Data Centers, Inc., a Delaware
corporation (“Pubco”), issued a press release announcing that they had entered into a Business Combination Agreement
(the “ Business Combination Agreement”), dated as of November 19, 2025, with Blockfusion USA, Inc., a Delaware
corporation (together with its successors, “ Blockfusion” or the “ Company”), Atlas
I Merger Sub, a Cayman Islands exempted company and a wholly-owned subsidiary of Pubco (“ SPAC Merger Sub”) and
Atlas Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“ Company Merger Sub”
and together with SPAC Merger Sub, the “ Merger Subs”, and the Merger Subs collectively with Pubco, the “ Company
Parties”). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Pursuant to the Business Combination
Agreement and subject to the terms and conditions set forth therein, (i) on or prior to the closing (the “ Closing”,
and the date and time of the Closing, the “ Closing Date”) of the transactions contemplated by the Business Combination
Agreement (the “ Transactions”), the holders of Blockfusion Series Seed Preferred Stock and Series A Preferred
Stock (collectively, the “ Company Preferred Stock”) shall convert all of their issued and outstanding shares
of Company Preferred Stock for shares of Blockfusion Series A Common Stock, par value $0.0001 per share (the “ Company Series
A Shares”) and Blockfusion Series B Common Stock, par value $0.0001 per share (the “ Company Series B Shares”
and together with the Company Series A Shares, the “ Company Common Stock”), at the applicable conversion ratio
(including any accrued or declared but unpaid dividends) as set forth in Blockfusion’s certificate of incorporation, as amended
(the “ Preferred Conversion”), and (ii) on the Closing Date, (A) SPAC Merger Sub will merge with and into
Blue, with Blue continuing as the surviving entity (the “ SPAC Merger”) and, as a result of which, each issued
and outstanding security of Blue immediately prior to the effective time of the SPAC Merger shall no longer be outstanding and shall automatically
be cancelled in