Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 294

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 294
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of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public
investors. We do not expect any purchase of units by the non-managing sponsor investors to negatively impact our ability to meet Nasdaq
listing eligibility requirements. In addition, BTIG and Roberts & Ryan have full discretion to allocate the units to investors and
may determine to sell a different number of units to the non-managing sponsor investors, or none at all, and the purchase of the non-managing
sponsor membership interests is not contingent upon the participation in this offering or vice-versa. BTIG and Roberts & Ryan will
receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non-managing sponsor
investors, if any, as they will on the other units sold to the public in this offering.

Any trading decisions made by any of the foregoing entities will be made by them based on market conditions at the time of the proposed sale or redemption. BTIG and Roberts & Ryan and their respective affiliates will not become non-managing sponsor members or receive any economic or other interest in the sponsor.

Purchases of Private Placement Units

BTIG and Roberts & Ryan have committed to purchase 150,000 private
placement units (or 195,000 private placement units if the underwriters’ over-allotment option is exercised in full) for an aggregate
purchase price of $1,500,000 (or $1,950,000 if the underwriters’ over-allotment option is exercised in full), or $10.00 per
unit, in the private placement that will occur simultaneously with the completion of this offering. The terms of the private placement units
are identical to those of the public units, except that the private placement units are subject to certain limited exceptions
as described in this prospectus. The private placement units (including the securities comprising such units) have been deemed compensation
by FINRA and are therefore subject to the lock-up restrictions imposed by FINRA Rule 5110(e) pursuant to which these securities
will not be sold, transferred, assigned, pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put or call
transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following
the commencement of sales of this offering except as permitted under FINRA Rule 5110(e)(2) including to any member participating
in