Company: BACC
Filing Date: 2025-03-26
Form Type: DRS
Source: 0001185185-25-000217
Chunk: 198

Company: Blue Acquisition Corp/Cayman
Filing Date: 2025-03-26
Form: DRS
Chunk 198
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’s option, either deliver their share certificates to our transfer agent or deliver their shares                
 to our transfer agent electronically using the Depository Trust Company’s DWAC (Deposit/Withdrawal At Custodian) system, prior          
 to the date set forth in the proxy materials or tender offer documents, as applicable.                                                  
 In the case of proxy materials, this date may be up to two business days prior to the scheduled vote on the proposal to                 
 approve the initial business combination. In addition, if we conduct redemptions in connection with a shareholder vote, we intend       
 to require a public shareholder seeking redemption of its public shares to also submit a written request for redemption to our transfer 
 agent two business days prior to the scheduled vote in which the name of the beneficial owner of such shares is included.               
 The proxy materials or tender offer documents, as applicable, that we will furnish to holders of our public shares in connection        
 with our initial business combination will indicate whether we are requiring public shareholders to satisfy such delivery requirements. 
 Accordingly, a public shareholder would have up to two business days prior to the scheduled vote on the initial business                
 combination if we distribute proxy materials, or from the time we send out our tender offer materials until the close of the tender     
 offer period, as applicable, to submit or tender its shares if it wishes to seek to exercise its redemption rights.                     |     | Many blank check companies                                                                                                           
 provide that a shareholder can vote against a proposed business combination and check a box on the proxy card indicating that such   
 shareholder is seeking to exercise its redemption rights. After the business combination is approved, the company would contact such 
 shareholder to arrange for delivery of its share certificates to verify ownership.                                                   |
| Limitation                                                                                                                   
 on redemption rights of shareholders holding more than 15% of the shares sold in this offering if we hold a shareholder vote |     | If we seek shareholder                                                                                                                  
 approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination      
 pursuant to the tender offer rules, our amended and restated memorandum and articles of association provide that a public shareholder,  
 together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert as a “group”        
 (as defined under Section 13 of the Exchange Act), will be restricted from seeking redemption rights with respect to Excess             
 Shares without our prior consent. However, we would not restrict our shareholders’ ability to vote all of their shares (including       
 Excess Shares) for