Company: BLUWU
Filing Date: 2025-05-23
Form Type: S-1/A
Source: 0001641172-25-012302
Chunk: 16

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-05-23
Form: S-1/A
Chunk 16
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2021, Mr. Hernandez was the Chairman and Chief Executive Officer of Blue Water Acquisition Corp. (Nasdaq: BLUW) (“Blue Water I”), a special purpose acquisition company which completed its initial public offering in December 2020. On September 9, 2021, Blue Water I consummated a business combination with Clarus Therapeutics Inc., a pharmaceutical company. Mr. Hernandez served as a director of the post-combination entity, Clarus Therapeutics Holdings Inc. (Nasdaq: CRXT), until August 2022. Mr. Hernandez brings experience in managing and interacting with diverse cultures, high level executives, and elected officials, to the team. Mr. Hernandez received a B.S. in Neuroscience, an M.Sc. in Molecular Genetics and Microbiology and an M.B.A. from the University of Florida. He also holds an M.Sc. in Chronic Disease Epidemiology and Biostatics from Yale University and is currently pursuing a M.Sc. in Global Healthcare Leadership at University of Oxford in the United Kingdom. Martha F. Ross, our Chief Financial Officer, brings over 25 years of global financial, strategic growth and accounting leadership experience in tech, manufacturing, communications and electric power generation, including expertise in various government funded and regulated industries. From 2020 to present, she has served as Chief Executive Officer of CFO, COO and BPI Consulting, specializing in helping high-growth, high-change organizations scale from pre-IPO to publicly traded, with mergers, reorganizations and significant business model or enterprise system changes. Clients have included for profit and nonprofits clients in healthcare, logistics, education, utilities and multifamily real estate. During this time she also served as Chief Financial Officer of Clean Earth Acquisitions Corp., a special purpose acquisition company that completed its $230 million initial public offering in February 2022 and consummated a business combination with Alternus Energy Group in December 2023. From 2017 to 2020, as Chief Financial Officer for the Housing Authority of the City of Austin, with annual revenues over $540 million, Ms. Ross drove strategies aimed at safeguarding property, investments and funds to improve governance for more than 20,000 residents. Previously from 2012 to 2016, Ms. Ross was Chief Financial Officer, U.S. Central Region, for Hill and Knowlton Strategies, a subsidiary of WPP (the world’s largest advertising agency). She drove oversight for the Central Region, supporting the parent company’s SEC reporting and stream