Company: BLUWU
Filing Date: 2025-12-02
Form Type: SCHEDULE 13D
Source: 0001104659-25-117787
Chunk: 8

Company: Blue Water Acquisition Corp. III
Filing Date: 2025-12-02
Form: SCHEDULE 13D
Chunk 8
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 private placement units (the "Private Units," together with the Class B Ordinary Shares, the "Acquired Securities"), with each Private Unit comprised of one Class A Ordinary Share and one-half of one warrant, with each whole warrant entitling the holder to purchase one Class A Ordinary Share, at an exercise price of $11.50 per share (a "Private Warrant"), which will become exercisable beginning at the later of 12 months from the closing of the SPAC's initial public offering and 30 days after the completion of a Business Combination and will expire at 5:00 p.m., New York City time, five years after the consummation of the Business Combination, or earlier upon redemption or liquidation, and (ii) became the sponsor of the Issuer. The responses to Items 7 - 13 of the cover pages of this Schedule 13D do not take into account the aforementioned 215,000 Private Warrants, because such Private Warrants are not presently exercisable. YA II PN, Ltd. ("YA II PN") is a member and the sole manager of the New Sponsor and has voting and investment discretion over the securities held by the Sponsor. Management and control of the Sponsor are vested exclusively in the sole manager; the other members have no voting, consent, or dispositive rights with respect to the SPAC securities held by the Sponsor. YA II PN is beneficially owned by YA Global Investments II (U.S.), LP ("YA Feeder"), whose general partner is YAII GP, LP ("YA GP"). The general partner of YA GP is YAII GP II, LLC ("Yorkville GP"). Yorkville Advisors Global, LP ("Yorkville LP") serves as the investment manager to both YA II PN and SC Sigma Global Partners, LP ("SC-Sigma"), an investor in YA II PN. Yorkville Advisors Global II, LLC ("Yorkville LLC") is the general partner of Yorkville LP. Mark Angelo, President and Managing Member of Yorkville LLC and a Director of the Issuer, makes all investment decisions for YA II PN. Each of the Reporting Persons may be considered affiliates and may be deemed to have beneficial ownership of the Class B Ordinary Shares and Private Units held by the Sponsor. Each Reporting Person disclaims beneficial ownership of the reported shares except to the extent of any pecuniary interest therein, directly or indirectly.

| SCHEDULE 13D |

| Item 1. | Security and Issuer